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's Preferred Dividend Payments history runs 4 years deep, the most recent figure standing at -$5.3 million for 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 was -$5.3 million for Q1 2026 at Summit Midstream, up from -$8.1 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.
- 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 surged 99.23%.
- Summit Midstream's 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.
- Business Quant data shows SMC's Preferred Dividend Payments at -$5.3 million in Q1 2026, -$8.1 million in Q4 2025, and -$1.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Pref Dividends (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | - |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 78.03 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 25.10 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 59.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | - |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | - |
| 10 | Summit Midstream | 371.60 Mn | 647.38 Mn | 99.77 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 |