Antero Midstream Announces $0.225 Dividend Payment with 4.9% Yield

Antero Midstream Corporation announced a dividend of $0.225 per share, with a dividend yield of 4.9%. The payment is expected to have solid earnings coverage, with a payout ratio of 71% over the next year. The dividend has lacked consistency, with payments cut at least once since 2017, and its growth potential is uncertain. The company's earnings per share have risen by 22% per annum over the past five years, but reinvestment has been limited. Overall, the dividend is reliable in the short term but may be unsustainable in the long term.