Salient Midstream & MLP Fund Stock Price, News & Analysis (NYSE:SMM)

$11.82 -0.10 (-0.84 %)
(As of 01/17/2018 03:16 AM ET)
Previous Close$11.92
Today's Range$11.79 - $12.04
52-Week Range$9.64 - $14.32
Volume143,600 shs
Average Volume122,440 shs
Market Capitalization$209.30 million
P/E RatioN/A
Dividend Yield8.19%
Beta1.54

About Salient Midstream & MLP Fund (NYSE:SMM)

Salient Midstream & MLP Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of total return with an emphasis on making quarterly cash distributions to its common shareholders. The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of midstream companies and master limited partnerships (MLPs). The Fund may invest up to but not more than 25% of its total assets in equity or debt securities of MLPs. The Fund may invest up to 30% of its total assets in unregistered or otherwise restricted securities of, which up to 10% may be in securities of privately held companies. The Fund may invest in derivatives in order to meet its investment objectives. Salient Capital Advisors, LLC is the Fund's investment advisor.

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Industry, Sector and Symbol

Industry Closed End Funds
Sub-IndustryN/A
SectorFinancials
SymbolNYSE:SMM
CUSIPN/A
Phone+1-713-9934675

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares17,720,000

Salient Midstream & MLP Fund (NYSE:SMM) Frequently Asked Questions

What is Salient Midstream & MLP Fund's stock symbol?

Salient Midstream & MLP Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "SMM."

How often does Salient Midstream & MLP Fund pay dividends? What is the dividend yield for Salient Midstream & MLP Fund?

Salient Midstream & MLP Fund declared a quarterly dividend on Tuesday, November 7th. Shareholders of record on Friday, November 17th will be given a dividend of $0.244 per share on Wednesday, November 29th. This represents a $0.98 annualized dividend and a yield of 8.26%. The ex-dividend date of this dividend is Thursday, November 16th. View Salient Midstream & MLP Fund's Dividend History.

Who are some of Salient Midstream & MLP Fund's key competitors?

Who are Salient Midstream & MLP Fund's key executives?

Salient Midstream & MLP Fund's management team includes the folowing people:

  • John A. Blaisdell, Chairman of the Board of Trustee (Age 55)
  • Gregory A. Reid, President, Chief Executive Officer, Trustee (Age 50)
  • John E. Price CPA, Principal Financial Officer, Treasurer (Age 47)
  • Paul A. Bachtold, Chief Compliance Officer (Age 41)
  • Jeremy L. Radcliffe, Secretary (Age 40)
  • G. Edward Powell, Lead Independent Director (Age 78)
  • Karin B. Bonding CPA, Independent Trustee (Age 75)
  • Jonathan P. Carroll, Independent Trustee (Age 53)
  • Bernard A. Harris Jr., Independent Trustee (Age 60)
  • Richard C. Johnson, Independent Trustee (Age 77)

Who owns Salient Midstream & MLP Fund stock?

Salient Midstream & MLP Fund's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Sit Investment Associates Inc. (1.38%). View Institutional Ownership Trends for Salient Midstream & MLP Fund.

Who sold Salient Midstream & MLP Fund stock? Who is selling Salient Midstream & MLP Fund stock?

Salient Midstream & MLP Fund's stock was sold by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc.. View Insider Buying and Selling for Salient Midstream & MLP Fund.

How do I buy Salient Midstream & MLP Fund stock?

Shares of Salient Midstream & MLP Fund can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Salient Midstream & MLP Fund's stock price today?

One share of Salient Midstream & MLP Fund stock can currently be purchased for approximately $11.82.

How big of a company is Salient Midstream & MLP Fund?

Salient Midstream & MLP Fund has a market capitalization of $209.30 million.

How can I contact Salient Midstream & MLP Fund?

Salient Midstream & MLP Fund's mailing address is 4265 San Felipe St Ste 800, HOUSTON, TX 77027-2929, United States. The investment management company can be reached via phone at +1-713-9934675.


MarketBeat Community Rating for Salient Midstream & MLP Fund (SMM)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  31 (Vote Outperform)
Underperform Votes:  29 (Vote Underperform)
Total Votes:  60
MarketBeat's community ratings are surveys of what our community members think about Salient Midstream & MLP Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Salient Midstream & MLP Fund (NYSE:SMM) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: N/AN/AN/AN/A
Consensus Rating Score: N/AN/AN/AN/A
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: N/AN/AN/AN/A
Price Target Upside: N/AN/AN/AN/A

Salient Midstream & MLP Fund (NYSE:SMM) Consensus Price Target History

Price Target History for Salient Midstream & MLP Fund (NYSE:SMM)

Salient Midstream & MLP Fund (NYSE:SMM) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/17/2016Bank of AmericaDowngradeNeutral -> UnderperformN/AView Rating Details
(Data available from 1/17/2016 forward)

Earnings

Earnings History for Salient Midstream & MLP Fund (NYSE:SMM)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Salient Midstream & MLP Fund (NYSE:SMM) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Salient Midstream & MLP Fund (NYSE:SMM) Dividend Information

Most Recent Dividend:11/29/2017
Annual Dividend:$0.98
Dividend Yield:8.29%
Dividend Growth:-11.90% (3 Year Average)
Payout Ratio:
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Salient Midstream & MLP Fund (NYSE:SMM)

Salient Midstream & MLP Fund (NYSE:SMM) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/7/2017quarterly$0.249.06%11/16/201711/17/201711/29/2017
8/8/2017quarterly$0.248.71%8/16/20178/18/20178/31/2017
5/5/2017quarterly$0.247.54%5/17/20175/19/20175/31/2017
2/8/2017quarterly$0.247.04%2/15/20172/17/20172/28/2017
5/7/2015quarterly$0.376.61%5/19/20155/21/20155/29/2015
2/9/2015quarterly$0.376.63%2/17/20152/19/20152/27/2015
1/20/2015special$0.206.56%1/22/20151/26/20151/28/2015
8/5/2014quarterly$0.365.13%8/15/20148/19/20148/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Salient Midstream & MLP Fund (NYSE SMM) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Salient Midstream & MLP Fund (NYSE:SMM)
Insider Trades by Quarter for Salient Midstream & MLP Fund (NYSE:SMM)

Salient Midstream & MLP Fund (NYSE SMM) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/15/2014Gregory Allen ReidCEOSell7,744$26.30$203,667.20View SEC Filing  
5/14/2014Gregory Allen ReidCEOSell9,414$26.22$246,835.08View SEC Filing  
5/13/2014Gregory Allen ReidCEOSell2,842$26.14$74,289.88View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Salient Midstream & MLP Fund (NYSE SMM) News Headlines

Source:

SEC Filings

Salient Midstream & MLP Fund (NYSE:SMM) SEC Filings

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Social Media

Financials

Salient Midstream & MLP Fund (NYSE:SMM) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Salient Midstream & MLP Fund (NYSE SMM) Stock Chart for Wednesday, January, 17, 2018

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This page was last updated on 1/17/2018 by MarketBeat.com Staff

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