EQT Corporation (EQT) will cut its quarterly dividend by 86.4 percent to $0.03 per share. The company had been paying a quarterly dividend of 22 cents per share since 2006.
EQT Corporation is an integrated energy company with emphasis on Appalachian area natural gas production, gathering, and transmission. EQT also owns a 90% limited partner interest in EQT GP Holdings, LP. EQT GP Holdings, LP owns the general partner interest, all of the incentive distribution rights, and a portion of the limited partner interests in EQT Midstream Partners, LP.