Extraordinary 9% Dividend Yield Plus Steady Price Appreciation: Antero Midstream
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Antero Midstream (AM) has outlined a “best of both worlds” 2021 so far for investors. The MLP company is paying a hard-to-find 9% dividend yield annually, while advancing in price better than +25% the first five months of the year. In February, the company cut its dividend 27% to internally fund growth spending initiatives. The stock price initially fell on the news, but after reconsideration of the newfound sustainability of the dividend payout, its quote…
