Summit Midstream (SMC) Preferred Dividend Payments (2023 - 2026)
Summit Midstream's (SMC) quarterly Preferred Dividend Payments came in at $1.6 million in Q2 2026, up 120.02% on a YoY basis from $730396.6 in Q2 2025, and up 130.35% quarter-over-quarter from -$5.3 million in Q1 2026.
Analysis
Summit Midstream (SMC) Preferred Dividend Payments (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Preferred Dividend Payments for 4 consecutive years, with $1.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Preferred Dividend Payments rose 120.02% year-over-year to $1.6 million; the trailing twelve-month figure through Jun 2026 stood at -$13.3 million (up 94.45% YoY), and the FY2025 full-year result was -$19.6 million, up 85.56% from the prior year.
- Preferred Dividend Payments grew to $1.6 million in Q2 2026 per SMC's latest filing, from -$5.3 million in the prior quarter.
- Across five years, Preferred Dividend Payments topped out at $125.9 million in Q1 2024 and bottomed at -$204.9 million in Q3 2024.
- Historically, Preferred Dividend Payments has averaged -$15.3 million across 4 years, with a median of -$6.7 million in 2025.
- The sharpest annual moves came in 2024 and 2026: Preferred Dividend Payments tumbled 7344.28% in 2024, then soared 120.02% in 2026.
- Over 4 years, Preferred Dividend Payments stood at -$22.0 million in 2023, then fell by 16.29% to -$25.5 million in 2024, then jumped by 68.37% to -$8.1 million in 2025, then jumped by 119.9% to $1.6 million in 2026.
- According to Business Quant data, Preferred Dividend Payments over the past three periods registered $1.6 million, -$5.3 million, and -$8.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Pref Dividends (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | - |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 59.00 Mn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 20.96 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | - |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | - |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | - |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 75.91 Mn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -30.00 Mn |
| 10 | Summit Midstream | 694.72 Mn | 994.24 Mn | 105.92 Mn | 1.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.61 Mn |
| Mar 31, 2026 | -5.30 Mn |
| Dec 31, 2025 | -8.08 Mn |
| Sep 30, 2025 | -1.58 Mn |
| Jun 30, 2025 | -8.03 Mn |
| Mar 31, 2025 | -1.89 Mn |
| Dec 31, 2024 | -25.54 Mn |
| Sep 30, 2024 | -204.94 Mn |
| Jun 30, 2024 | -30.96 Mn |
| Mar 31, 2024 | 125.94 Mn |
| Dec 31, 2023 | -21.96 Mn |
| Sep 30, 2023 | -2.75 Mn |