Stay updated with breaking news from Western Midstream. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
While it is well known that midstream investing offers high dividends and stock price appreciation, buybacks are another way that energy infrastructure companies are returning capital to shareholders.
During the fourth quarter, energy infrastructure companies repurchased $650 million of their equity in aggregate, with MLPs accounting for the bulk of activity.
For the second consecutive quarter, there were no dividend cuts across Alerian’s midstream indexes for 4Q21.
The fallen angels index outperformed the broad high yield index by 0.40% in December and by 2.36% for 2021 (7.72% vs 5.36%).
One of investors' primary objectives when investing in bonds is consistency.