The Traderszone Network

Published in TZ Latest News 21 September, 2017 by The TZ Newswire Staff

This 10.9% Yield Is Safer Than It May Seem

Gathering and processing company Summit Midstream Partners (NYSE: SMLP) currently yields an eye-popping 10.9%. Typically, when a payout grows into the double digits, it’s because the market believes it’s unsustainable and has a higher probability of getting reduced. However, Summit’s financial metrics suggest otherwise, which means yield-hungry investors can collect a very appetizing payout.

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