Are you looking for a way to earn passive income by investing in stocks? Antero Midstream Corporation (NYSE: AM) might be the perfect opportunity for you. With a dividend yield of 6.17% and a history of consistent payouts, Antero Midstream offers investors a chance to earn $100 per month in passive income. In this article, we will explore how you can achieve this goal and why Antero Midstream is a promising investment option.
Antero Midstream is a midstream company that operates in the Appalachian Basin’s Marcellus Shale and Utica Shale in West Virginia and Ohio. The company owns and develops midstream energy infrastructure services, making it a key player in the energy sector. With the upcoming Q3 2024 earnings report on October 23, analysts are optimistic about the company’s performance. Wall Street analysts expect Antero Midstream to post an EPS of $0.24, up from $0.23 in the previous year, with quarterly revenue expected to be $274.36 million.
One of the key highlights of Antero Midstream is its dividend yield of 6.17%. This means that for every share you own, you will receive a dividend payout equivalent to 6.17% of the stock price. Over the last 12 months, the company has paid out $0.90 per share in dividends, making it an attractive option for income-focused investors.
In July 2024, Antero Midstream reported its Q2 earnings, surpassing expectations with an adjusted EPS of $0.23 and revenues of $269.795 million. The company’s Chairman and CEO, Paul Rady, highlighted the strategic acquisition that increased throughput volumes from their primary customer, Antero Resources, leading to a 41% increase in Free Cash Flow after dividends.
So, how can you earn $100 per month as an Antero Midstream investor? To achieve this goal, you would need to invest approximately $19,449 in the company, which is equivalent to owning 1,333 shares at $14.59 each. By understanding the dividend yield calculations and monitoring stock price fluctuations, you can ensure a steady income stream from your investment.
If you are interested in exploring other high-yield investment opportunities, Benzinga has identified some private market real estate investments that offer attractive returns. For example, the Ascent Income Fund from EquityMultiple targets stable income from senior commercial real estate debt positions and has a historical distribution yield of 12.1%. With flexible liquidity options and a reduced minimum investment of $5,000, the Ascent Income Fund is a compelling option for income-focused investors.
In conclusion, Antero Midstream presents a lucrative opportunity for investors seeking passive income through dividends. With a solid track record of dividend payouts and a promising outlook for future earnings, Antero Midstream is worth considering for income-focused investors. Additionally, exploring other high-yield investment options like the Ascent Income Fund can further diversify your portfolio and maximize your returns. Don’t miss out on the chance to earn passive income through strategic investments in companies like Antero Midstream.
