20 Great Dividend Paying Stocks
#9 EQT Midstream Partners, LP (EQM)
Dividend Yield: 4.9%
EQT Midstream Partners, LP is a growth-orientated limited partnership that focuses on developing midstream oil and gas resources and assets in the Appalachian Basin. The company focus on providing natural gas storage, transmission, and gathering services in Ohio, Pennsylvania, and West Virginia and is a great dividend paying stock with a 4.9% dividend yield. With a forward P/E ratio of 13.1, the company also has a dividend growth streak of six years, and sees 48% of its total revenues from its transmission and storage system. Overall, EQT Midstream owns more than 1,800 miles of high and low pressure gathering lines and a 950 mile FERC-regulated interstate pipeline network with highly stable cash flows which are highly stable and recurring in nature based on its long-term contracts.