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Tuesday Is Your Last Chance To Buy Salient Midstream Before The Dividend Payout

By Benzinga Insights

Tuesday marks the last chance for investors to receive the next dividend payout from Salient Midstream (NYSE:SMM).

What's Happening

The company announced on Thursday that it would pay shareholders a quarterly dividend of $0.0875 per share. On Wednesday, Salient Midstream will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.0875 lower than it would have opened on any other day.

In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own SMM as of the end of Tuesday's session are eligible to receive the $0.0875 dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on May 27, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

Click here to find details on Salient Midstream's previous dividends.

To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.

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Dive Deeper:
Tuesday Is Your Last Chance To Buy PHX Minerals Before The Dividend Payout
Tuesday marks the last chance for investors to receive the next dividend payout from PHX Minerals (NYSE:PHX).
Tuesday Is Your Last Chance To Buy Chesapeake Energy Before The Dividend Payout
Tuesday marks the last chance for investors to receive the next dividend payout from Chesapeake Energy (NASDAQ:CHK).
Tuesday Is Your Last Chance To Buy Perella Weinberg Before The Dividend Payout
Tuesday marks the last chance for investors to receive the next dividend payout from Perella Weinberg (NASDAQ:PWP).
Tuesday Is Your Last Chance To Buy Select Medical Holdings Before The Dividend Payout
Tuesday marks the last chance for investors to receive the next dividend payout from Select Medical Holdings (NYSE:SEM).
One subscription that gives you access to news from hundreds of sites
Monday Is Your Last Chance To Buy Brunswick Before The Dividend Payout
Monday marks the last chance for investors to receive the next dividend payout from Brunswick (NYSE:BC).
Monday Is Your Last Chance To Buy Assured Guaranty Before The Dividend Payout
Monday marks the last chance for investors to receive the next dividend payout from Assured Guaranty (NYSE:AGO).
Get all your news in one place