Decreased Earnings, Adjusted Dividends: Antero Midstream Ensures Stability for Shareholders through Managed Dividend Reductions
Portfolio Pulse from Benzinga Insights
Antero Midstream (NYSE:AM) is set to pay a dividend of $0.23 per share at the end of August 2023, yielding an annualized dividend of 7.69%. However, the company has seen a decrease in its dividend per share from $1.39 in 2019 to $0.90 in 2022, and a decrease in earnings per share from $1.49 in 2019 to $0.79 in 2022. This could indicate financial challenges and potential limitations in future dividend payouts. TORM (NASDAQ:TRMD) is mentioned as having the highest annualized dividend yield in the industry at 22.58%.
August 09, 2023 | 3:05 pm
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NEGATIVE IMPACT
Antero Midstream's decreasing dividends and earnings per share could indicate financial challenges, potentially impacting future dividend payouts.
The decrease in both dividends and earnings per share suggests that Antero Midstream may be facing financial difficulties, which could impact its ability to maintain its current dividend payout schedule. This could negatively affect the stock's attractiveness to income-seeking investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
TORM has the highest annualized dividend yield in the industry at 22.58%, which could make it attractive to income-seeking investors.
TORM's high annualized dividend yield, compared to its industry peers, could make it an attractive option for income-seeking investors. However, the company's financial health and dividend sustainability should also be evaluated.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50