TRGP - Q1 20 MLP/Midstream Dividend Recap: Putting Cuts In Context
COVID-19 challenges result in numerous sequential dividend cuts for midstream.
The pie charts below show the quarter-over-quarter (Q/Q) changes to distributions/dividends for the constituents of the Alerian MLP Index (AMZ), Alerian MLP Infrastructure Index (AMZI), and Alerian Midstream Energy Select Index (AMEI) by comparing 1Q20 with 4Q19. To be clear, 1Q20 dividends refer to the dividends that will be paid in 2Q20 as a result of operational performance in 1Q20. For the constituents of the AMEI that pay monthly dividends - Inter Pipeline (IPPLF), Keyera (KEYUF), and Pembina Pipeline (PBA) - the dividend for April