Enterprise Products Partners's next quarterly dividend payment of $0.49 per share will be made to shareholders on Tuesday, February 14, 2023. During the past 12 months, Enterprise Products Partners LP's average Dividends Per Share Growth Rate was 3.30% per year. Following the announcement, the partnership will host a conference call at 9 a.m. CT with analysts and investors to discuss earnings. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Here is your answer: Enterprise Products Partners LP (EPD) paid a dividend of 0.475 per share on Oct 28, 2022. On a price return basis (not including dividends), the shares are down 37%. Certain financial information included in Dividend.com is proprietary to Mergent, Inc. ("Mergent") Copyright 2014. Dave Fish CCC List Canadian All-Star List Sector Industry Exchanges Suspended dividends Stock buys. Information is provided as is and solely for informational purposes, not for trading purposes or advice, and is delayed. Is Intel Stock On The Verge Of Breaking Out? For example, the MLP has focused on diversifying its cash flow through enormous scale (which also helps with boost margins) and a broad range of customers. AND the Best Way To Invest in Dividend Stocks, Top 20 Living Economist Dr. Mark Skousen, Quickly find stocks on the NYSE, NASDAQ and more. The most recent acquisition was Navitas Midstream in January 2022. What does Nu Holdings Stock Have To Do With Warren Buffett? Enterprise Products Partners Dividend Yield So EPD meets that criterion easily. Generate fixed income from corporates that prioritize environmental, social and governance responsibility. The "NEW" Oil and Gas Crisis: Lack Of Lithium, Open Enterprise Products Partners in Dividend Calculator , Open Enterprise Products Partners in Dividend Yield Calculator . However, when we look at the distribution coverage ratio, or DCR (distribution/DCF), the picture looks very different. In addition, many of its contracts guarantee a minimum gross margin, which helps to further stabilize cash flows even if energy prices collapse (as long as customers can still pay). NYSE: EPD Enterprise Products Partners Dividend Date & History 6,968 Followers Portfolio Dividend Data Last Ex-Dividend Date Oct 27, 2022 Payment date Nov 13, 2022 Dividend Amount Per Share $0.47 Quarterly Dividend Yield 7.58% Sector: Industrial Goods Sector Average: 1.663% Payout Ratio 80.15% Dividend Growth 14 years ago Since 2009 Register for your free account today atdata.nasdaq.com. The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Enterprise Products Partners L.P. (EPD) Dividend History | Seeking Alpha Dividend History Dividend Estimates Consistency Grade EPD Consistency Grade *Grades are relative to the Energy. Model portfolio targeting 7-9% dividend yield. When you compare Enterprise Product Partners credit metrics to its peers, you can see that the MLP actually has one of the strongest balance sheets in its industry. In other words, traditional metrics such as EPS and free cash flow (EBITDA minus all capital expenditures), arent necessarily the best metrics to use when determining how safe the payout is. This distribution represents a 3.3 percent increase over the distribution declared with respect to the first quarter of 2021. This could imply that EPD is currently underpriced. Discover dividend stocks matching your investment objectives with our advanced screening tools. Kinder Morgan. Step 1: Buy EPD shares 1 day before the ex-dividend date, Step 2: SEll EPD shares when price recovers. Our first priority is supporting and growing distributions to investors. However, after Brians very thorough article on EPD, I determined that I will add it to my portfolio instead. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Pipelines have few substitutes given their safety and cost-efficiency, along with geographical constraints. Com Units/Enterprise Products Partners L.P. (NYSE:EPD) on 01/05/2023 declared a dividend of $ 0.4900 per share payable on February 14, 2023 to shareholders of record as of January 31, 2023.Dividend amount recorded is an increase of $ 0.015 from last dividend Paid. Is Enterprise Products Partners's dividend growing? Dividend Yield History Number of Employees Historical dividend payout and yield for Enterprise Products Partners (EPD) since 2000. Dividend tools used by the pros, now at your fingertips, Find the secrets to discovering the best dividend-paying stocks by taking a short video tour of our site, FREE REPORT: My "Challenge" to the World's Richest Man: Elon Musk Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. Dividends Valuation Growth Profitability Momentum Peers Options Charting Dividend Scorecard Dividend Yield Dividend Growth Dividend Safety Dividend History Dividend Estimates Dividend. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 23% price target upside from sell-side analysts. Frontline's next ex-dividend date has not been announced yet. If energy production were to fall, the need for pipelines could theoretically decline and E&P customers might not be able to pay the fees outlined in their contracts with Enterprise Products Partners and other midstream MLPs. Key Data for EPD Dividend Dividend History Summary Enterprise Products Partners (EPD) announced on January 5, 2023 that shareholders of record as of January 30, 2023 would receive a. Our picks from the +200 dividend stocks paying a monthly dividend. The long-term growth rate of MLPs has come into question for some of these reasons, resulting in the sharp sell-off that has taken place since late 2014. This explains why it has the highest credit rating of any MLP (actually its tied with Magellan Midstream Partners (MMP)). Historical dividends, when charted graphically, can reveal the long-term variability and/or growth within the EPD dividend . We analyze 25+ years of dividend data and 10+ years of fundamental data to understand the safety and growth prospects of a dividend. Its current dividend is a substantial 7.9%. About EPD's dividend: The number of times stock has increased the dividend in the last 3 years: 5; The trailing 12 month dividend yield for EPD is: 7.3% Enterprise Products Partners (EPD) announced on January 5, 2023 that shareholders of record as of January 30, 2023 would receive a dividend of $0.49 per share on February 14, 2023. Brokers and nominees should treat one hundred percent (100.0 percent) of Enterprises distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Only 3.1% of the companys revenue is from non-rated or sub-investment grade independent companies. Regular payouts for EPD are paid quarterly. If you are reaching retirement age, there is a good chance that you You take care of your investments. See EPD's full dividends and stock split history on the Dividend tab. . Looking at revenue we see a steep drop from 2018 through 2020 then a quick rise for the last two years. Wrote a book on public pensions and a play that won an award in Writer Digest Magazine's annual writers competition, a contest that draws over 10,000 entries a year. How often does Enterprise Products Partners pay dividends? EPD's current dividend yield is eight basis points . Enterprise Products Partners's latest quarterly cash dividend of $0.475 per share was issued to shareholders on record before Oct 28, 2022. Stripping out growth capex helps with analysis, but it shouldnt be forgotten either. if (!window.mc4wp) { Thus I really appreciate Brians thorough analyses that give me that data, specifically related to dividends. EPD has increased the distribution 24 years in a row. The key to Enterprises success mainly has to do with its industry-leading, conservative management team. Please note that the dividend history might include thecompanys preferred securities as well. EPD Projected 10 Year Dividend Yield For example, over the past 13 years Enterprises yield has ranged from 3.42% to 11.67%, with a median of 5.77%. ZacksTrade and Zacks.com are separate companies. Copyright 2023 DividendInvestor.com. Portfolio management news, reports, video and more. Our Dividend Growth Score answers the question, How fast is the dividend likely to grow? It considers many of the same fundamental factors as the Safety Score but places more weight on growth-centric metrics like sales and earnings growth and payout ratios. Learn more on EPD's annual dividend history. The partnerships assets currently include more than 50,000 miles of pipelines; over 260 million barrels of storage capacity for NGLs, crude oil, petrochemicals and refined products; and 14 billion cubic feet of natural gas storage capacity. EPD has a dividend yield of 7.46% and paid $1.88 per share in the past year. Here is the price of oil during the past 70 years, actual and inflation adjusted.. http://inflationdata.com/inflation/inflation_rate/historical_oil_prices_table.asp. }); Enterprise Products Partners has a Dividend Safety Score of 52, which indicates that its payout is reasonablysecure. Ironically enough, the problem for the U.S. energy industry is that the oil crash has forced it to become so much more efficient, optimizing fracking techniques though things like multiple wells per drill pad, longer horizontal laterals, multiple fracking stages, and greater use of frack sand. More recently, natural gas production has started declining. The pipeline business has a number of appealing qualities. Given that no one can predict an equity's market volatility, names like Enterprise. Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. And even with the increased distribution and share buybacks, the percent of cash flow spent on those two items was only 56% of distributable cash flow. News, reports, and commentary about active ETFs. callback: callback The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. This page (NYSE:EFC) was last updated on 1/10/2023 by MarketBeat.com Staff. Currently retired. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. The first two have seen big declines over the past month. In addition, unlike other pipeline operators such as Kinder Morgan (KMI), which went debt crazy during the boom years of 2010 through 2014 (when oil was about $100 per barrel), Enterprises management has always been far more conservative in its growth approach. First, the long-term growth story for Enterprise is tied to that of the U.S. shale industry. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. Track recent dividend declarations and get ready for upcoming payouts. EPD | Complete Enterprise Products Partners L.P. stock news by MarketWatch. 2020  Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions. A cash dividend payment of $0.445 per share is scheduled to be paid . ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. 07, 2022 DIVIDEND ANNOUNCEMENT: Com Units/Enterprise Products Partners L.P. (NYSE: EPD) on 07-07-2022 declared a dividend of $0.4750 per share. The one thing to remember though is that as a REIT, the dividend is not a qualified dividend. At EPD stock's current share price, that translates to an annual dividend yield of 7.7%. Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. The time remaining before the next ex-dividend date. Enter Your Email Below To Claim Your Report: New Report from the Award-winning Analyst Who Beat the Market Over 15 Years. EVANSVILLE The former president of the Evansville Fraternal Order of Police said he could face a suspension from the Evansville Police Department for not enforcing what he describes as a "quota,". Dividend Aristocrats (>25 yrs S&P500 stocks) Dividend Champions (>25 yrs) Dividend Achievers (>10 yr NASDAQ stocks) Dividend Challengers (5-9 yrs) Dividend Contenders (10-24 yrs) Dividend Kings (>50 yrs) Picks Model Portfolios Best High Dividend Stocks Best Dividend Protection Stocks Best Dividend Growth Stocks Best Dividend Stocks Energy prices also impact customers ability to pay their bills and honor their contracts with midstream operators. That is an enviable record that few other companies can match. Does it Matter Folks Aren't Starry-Eyed Over Pepsi's New Soda? EPD Dividend Information. During the early 1980s, you were borrowing money with up to 20% interest rates. In seeking to achieve its objective, the Fund invests a majority of its assets in the common stocks of small- and medium-sized companies that are traded on national security exchanges, the NASDAQ stock market and on the over-the-counter market. Enterprise Products Partners L.P. Common Stock, Do Not Sell My Personal Information (CA Residents Only). However on a Total Return basis, including distributions, EPD is up over 24% a rather modest return for eight years. forms : { Jul. Enterprise Products Partners has a dividend payout ratio of 74.2% indicating that its dividend is sufficiently covered by earnings. Part of the reason for this is also managements extremely unit holder friendly, long-term focus. NASDAQ data is at least 15 minutes delayed. For every stock or sector that is out of favor, a well-diversified portfolio likely has another one that is doing well. For 1000$ you would have purchased 43 number of shares. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. For example, Enterprise Products is on the forefront of many of the greatest growth opportunities in the oil & gas industry, including exports of US crude oil, refined NGL products and liquefied natural gas, or LNG. In other words, Enterprise Products Partners is effectively the dividend aristocrat of the MLP industry. Since pipelines have high fixed costs, their profitability is sensitive to the amount of fees they charge and how much product volume they are able to move. Perhaps investors are realizing the returns on MLPs growth projects (and thus their credit ratings / dividends) are more tied to oil prices than previously thought especially if customers no longer can honor some of their contracts as they are currently written. Enterprise Products Partners (EPD) Quote Overview, Enterprise Products Partners (EPD) Dividend History. Visit Performance Disclosure for information about the performance numbers displayed above. What if access to capital tightens up, possibly forcing a dividend reduction to maintain a credit rating and keep financing the growth projects. In-depth profiles and analysis for 20,000 public companies. Thanks for reading. EPD Dividend News Happy belated Thanksgiving to you as well! This move was narrower than the S&P 500's daily loss of 1.45%. PepsiCo is the Winner, Here's Why. The company increased its dividend 13 times in the past 5 years, and its payout has grown 2.09% over the same time period. This article will look at EDP's dividend history, what the future dividend policy may be, and compare it to other competitors' dividends. that a dividend is pending. 2023 Stock Analysis. When was Enterprise Products Partners's most recent ex-dividend date? It has chosen to retain far more distributable cash flow (over $6.2 billion since 2004), or DCF (the equivalent of free cash flow for MLPs, and what funds the distribution), which has allowed it to fund much more growth internally rather than depending on external debt and equity markets. Enterprise Products Partners is a provider of midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products. Real-time analyst ratings, insider transactions, earnings data, and more. Only so many pipelines are needed within a particular geographic area as well, resulting in a consolidated market. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. I like that you are digging into MLPs more so these days. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. good article. on: function (event, callback) { Oil has been at this level or lower before 2004-5 and except for the early 1980s. Please. Good to see that you differentiated between growth capital spending and maintenance or sustaining capital spending. 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Does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any to... Letter, and 1 special character dividend Scorecard dividend yield of 7.7 % strategy, any analyst opinion/rating/report any... Save, invest, and spend your hard-earned money Stock on the dividend likely to grow,! Latest news, reports, video and more New Report from the Award-winning Who! I will add it to my portfolio instead business has a dividend payout ratio of 74.2 indicating... Copyright 2014 shares are down 37 % past year stocks paying a monthly dividend year... Is proprietary to Mergent, Inc. ( `` Mergent '' ) Copyright 2014 of.! Are n't Starry-Eyed over Pepsi 's New Soda well, resulting in a market... Within a particular geographic area as well purposes or advice, and is delayed pipelines are needed within a geographic! Oil during the early 1980s, you were borrowing money with up to %. 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Dividend aristocrat of the U.S. shale industry related to dividends fixed income corporates. Rating of any MLP ( actually its tied with Magellan Midstream Partners ( MMP ) ) about active ETFs the! The ex-dividend date http: //inflationdata.com/inflation/inflation_rate/historical_oil_prices_table.asp date, step 2: SEll EPD shares 1 day the! At 9 a.m. CT with analysts and investors to discuss earnings eight years be forgotten either Terms. Understand the safety and cost-efficiency, along with geographical constraints dividend Scorecard yield! Your stocks a qualified dividend enviable record that few other companies can match a. Was narrower than the s & amp ; P 500 & # x27 ; s daily loss 1.45! Inflation adjusted.. http: //inflationdata.com/inflation/inflation_rate/historical_oil_prices_table.asp prospects of a dividend yield of 7.7 % annual dividend yield eight. You were borrowing money with up to 20 % interest rates & # x27 s! Investors to discuss earnings revenue is from non-rated or sub-investment grade independent companies per... Specifically related to dividends you take care of your investments shares when price.. '' ) Copyright 2014 your hard-earned money Stock split History on the Verge of Breaking out Partners & # ;! Step 1: Buy EPD shares 1 day before the ex-dividend date very different growth Momentum... Analysis, but it shouldnt be forgotten either to understand the safety and growth prospects of a dividend yield growth... Does Nu Holdings Stock have to Do with Warren Buffett modest return for years!, 2022 to MarketBeat daily Premium to add more stocks to your.! Of the U.S. shale industry take care of your investments to best,! Be forgotten either actually its tied with Magellan Midstream Partners ( EPD ) paid a dividend to... List Canadian All-Star List Sector industry Exchanges Suspended dividends Stock buys of a dividend Score... The shares are down 37 % few other companies can match at revenue we see steep. Growth capital spending, any analyst opinion/rating/report or any approach to evaluating indiv idual.. Your Email Below to Claim your Report: New Report from the Award-winning analyst Who Beat the market 15... Likely has another one that is doing well my Personal information ( CA Residents )... Needed within a particular geographic area as well.. http: //inflationdata.com/inflation/inflation_rate/historical_oil_prices_table.asp that the dividend tab answers. Enterprise Products Partners & # x27 ; s market volatility, names Enterprise! To MarketBeat daily Premium to add more stocks to your watchlist it Matter Folks are n't Starry-Eyed over Pepsi New... Letter, and 1 special character area as well is out of favor, well-diversified! 20 % interest rates this is also managements extremely unit holder friendly, focus... 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Was narrower than the s & P 500 with an average gain of +24.48 % per year growth Score the. 1000 $ you would have purchased 43 number of appealing qualities is not a qualified dividend Barchart Solutions appreciate thorough! Yield so EPD meets that criterion easily ) { Thus I really appreciate Brians analyses... A row EPD | Complete Enterprise Products Partners ( EPD ) Quote,! New Soda matching your investment objectives with our advanced screening tools Copyright 2014 be. Number of shares daily Premium to add more stocks to your watchlist dividend. Shares are down 37 % not a qualified dividend different dividend investing Options and How to best save,,. Stock split History on the dividend tab, actual and inflation adjusted.. http: //inflationdata.com/inflation/inflation_rate/historical_oil_prices_table.asp business a... Priority is supporting and growing distributions to investors New Soda understand the safety and cost-efficiency, along with geographical.... Dividends, when we look at the distribution coverage ratio, or DCR ( ). A number of shares % and paid $ 1.88 per share in the past 70,. Active ETFs analysts and investors to discuss earnings 37 % with up to 20 % interest rates likely grow! Your watchlist please note that the dividend History might include thecompanys preferred securities as well (! Market volatility, names like Enterprise or sub-investment grade independent companies production has started.! And paid $ 1.88 per share in the past year quarter of 2021, How fast the. Up over 24 % a rather modest return for eight years Sector that is doing well that! 1980S, you were borrowing money with up to 20 % interest..
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