SMM - Salient Midstream & MLP Fund raises dividend by 25% to $0.0875
Salient Midstream&MLP Fund (NYSE:SMM) declares $0.0875/share quarterly dividend, 25% increase from prior dividend of $0.0700. Forward yield 5.28% The distribution will be payable in the first quarter of 2022 ending in February. Going forward, the annualized distribution rate will be reviewed on a semi-annual basis in February and August each year and is expected to grow in-line with the growth in distributable cash flow in SMM's portfolio holdings. See SMM Dividend Scorecard, Yield Chart, & Dividend Growth.
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Salient Midstream & MLP Fund raises dividend by 25% to $0.0875