Summit Midstream (SMC) Preferred Dividend Payments (2023 - 2026)
Summit Midstream (SMC) posted Preferred Dividend Payments of -$5.3 million for Q1 2026, up 34.44% on a QoQ basis from -$8.1 million in Q4 2025, and down 180.6% year-over-year from $6.6 million in Q1 2025.
Summit Midstream (SMC) Preferred Dividend Payments (2023 - 2026) Analysis & Trends
Summit Midstream (SMC) has reported Preferred Dividend Payments for 4 consecutive years, with -$5.3 million the latest figure, recorded in Q1 2026.
- Preferred Dividend Payments for Q1 2026 came in at -$5.3 million, down 180.6% year-over-year; the trailing twelve-month figure through Mar 2026 was -$23.0 million (up 91.27% YoY), and the FY2025 annual result was -$19.6 million, up 85.56% from the prior year.
- Preferred Dividend Payments was -$5.3 million for Q1 2026 at Summit Midstream, up from -$8.1 million in the prior quarter.
- Over five years, Preferred Dividend Payments peaked at $125.9 million in Q1 2024 and troughed at -$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 sank 7344.28% — and 2025, when it soared 99.23%.
- Year by year, 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 soared by 34.44% to -$5.3 million in 2026.
- Per Business Quant, the three latest SMC Preferred Dividend Payments figures stand at -$5.3 million (Q1 2026), -$8.1 million (Q4 2025), and -$1.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Pref Dividends (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 78.03 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | -1.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | - |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | - |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 68.00 Mn |
| 10 | Summit Midstream | 351.13 Mn | 626.92 Mn | 100.93 Mn | -5.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |