Summit Midstream (SMC) Preferred Dividend Payments (2023 - 2026)
Summit Midstream's (SMC) quarterly Preferred Dividend Payments came in at -$5.3 million in Q1 2026, down 180.6% YoY from $6.6 million in Q1 2025, and up 34.44% on a QoQ basis from -$8.1 million in Q4 2025.
Summit Midstream (SMC) Preferred Dividend Payments (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has 4 years of Preferred Dividend Payments data on file, last reported at -$5.3 million in Q1 2026.
- Quarterly Preferred Dividend Payments fell 180.6% year-over-year to -$5.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$23.0 million (up 91.27% YoY) and the FY2025 annual result came in at -$19.6 million, up 85.56% from the prior year.
- Preferred Dividend Payments improved to -$5.3 million in Q1 2026, from -$8.1 million in the prior quarter.
- In the past five years, Preferred Dividend Payments ranged from a high of $125.9 million in Q1 2024 to a low of -$204.9 million in Q3 2024.
- A 4-year average of -$16.8 million and a median of -$8.0 million in 2025 frame the typical range for Preferred Dividend Payments.
- Annual changes were most pronounced in 2024 — Preferred Dividend Payments slumped 7344.28% — and 2025, when it surged 99.23%.
- Tracing SMC's Preferred Dividend Payments over 4 years: stood at -$22.0 million in 2023, then dropped by 16.29% to -$25.5 million in 2024, then surged by 68.37% to -$8.1 million in 2025, then jumped by 34.44% to -$5.3 million in 2026.
- The last three Preferred Dividend Payments figures came in at -$5.3 million (Q1 2026), -$8.1 million (Q4 2025), and -$1.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Pref Dividends (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | - |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 75.91 Mn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 59.00 Mn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 61.45 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | - |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | - |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | - |
| 10 | Summit Midstream | 481.04 Mn | 460.07 Mn | 105.92 Mn | 1.61 Mn |
Historic Data
Download 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 |