ETRN - These 2 Ultra-High-Yielding Dividend Stocks Plan to Keep Paying 15%+ in 2020
Equitrans Midstream (NYSE: ETRN) and its affiliated master limited partnership EQM Midstream Partners (NYSE: EQM) currently offer dividend investors jaw-dropping yields of 15.8% and 18.1%, respectively. Usually, when yields rise into the double digits, it's a warning sign that a reduction is on the way.
Both companies, however, recently put out their financial expectations for 2020, which includes maintaining their current payout levels. Here's why they believe they can continue paying such eye-popping dividends next year.
Image source: Getty Images.