With increasing gross profit and EBITDA, I think it is safe to say, EPD's dividend is not only safe but most likely will grow over the foreseeable future. If you wish to go to ZacksTrade, click OK. Enterprise Products Partners L.P. (EPD) will begin trading ex-dividend on January 28, 2021. Our mission is to be the First In Dividend Data Worldwide by designing and developing essential tools and systems for the investment community with the highest level of accuracy and integrity. This could imply that EPD is currently underpriced. Is Intel Stock On The Verge Of Breaking Out? 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. The most recent change in the company's dividend was an increase of $0.0150 on Thursday, January 5, 2023. And then theres the MLPs strong balance sheet to consider. The current dividend payout for stock Enterprise Products Partners L.P. (EPD) as of Jan. 11, 2023 is 1.96 USD . } The closing price during Oct 28, 2021 was 23.14. . For the year, free cash flow increased 8% to $2.7 billion, while distributable cash flow totaled $6.4 billion. In the first quarter of 2021, the company reported net income of $1.3 billion ($0.61 per share), compared to $1.4 billion ($0.61 per share) in the same prior-year period. Jan 27, 2021 09:00AM EST. Source: Enterprise Products Partners. HOUSTON, April 07, 2022--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) ("Enterprise") announced today that the board of directors of its general partner declared the quarterly cash distribution paid to limited partners holding Enterprise common units with respect to the first quarter of 2022 of $0.465 per unit, or $1.86 per unit on an annualized basis. Reproduction of such information in any form is prohibited. Enterprise Products Partners LP (EPD) 25.75 +0.09 (+0.35%) USD | NYSE | Jan . If you have an ad-blocker enabled you may be blocked from proceeding. (844) 978-6257. Check out the securities going ex-dividend this week. Stripping out growth capex helps with analysis, but it shouldnt be forgotten either. Enterprise Products Partners claim to fame is its unbeatable track record of stable and consistent growth through all manner of commodity/economic/interest rate environments. What is noticeable is the share price is down 15% from 2019 even though the dividend itself has gone up every year. 26 years of consecutive dividend increase. But we have to remember that as an MLP, Enterprise Products Partners pays out the vast majority of its cash flow as distributions and thus must periodically turn to equity markets to raise growth capital. on: function (event, callback) { On a price return basis (not including dividends), the shares are down 37%. Does it Matter Folks Aren't Starry-Eyed Over Pepsi's New Soda? Terms of Service | This brilliant move meant that rather than send 50% of marginal DCF to its management team (which would raise its cost of capital, and make future distribution growth more difficult), management instead ended up owning 33% of the MLP, and limited partners (retail investors) ended up with 100% of DCF and faster, more secure, and more consistent distribution growth. At the end of the day, even conservative midstream MLPs such as Enterprise Products Partners are at the mercy of capital markets and commodity prices, if for no other reason that demand for their growth projects require higher oil & gas prices. EPD's Dividend Yield % is ranked better than 81.39% of 462 companies in the Oil & Gas industry Industry Median: 3.88 vs EPD: 7.77 Enterprise Products Partners LP's Dividend Payout Ratio for the three months ended in Sep. 2022 was 0.77. In the press release announcing the dividend suspension, the company said that aviation fuel sales fell 80% by the end of March, while the . How good is it? Enterprise Products Partners's most recent ex-dividend date was Friday, October 28, 2022. Touch device users, explore by touch or with swipe gestures. Besides, the dividend rate for MMP is a rather anemic 4.8%, for the risk one is taking, and SEP prices seem more volatile. I wrote this article myself, and it expresses my own opinions. Copyright 2023 DividendInvestor.com. Im in this for the long run, plus I like energy stocks, thus I think the risk is worth it for me. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Step 1: Buy EPD shares 1 day before the ex-dividend date purchase date (estimate) Feb 09, 2023 Upcoming Ex-dividend date Feb 10, 2023 Step 2: SEll EPD shares when price recovers sell date (estimate) This creates a massive growth runway that should allow Enterprise Products Partners to realistically continue growing its DCF and its highly secure payout by around 5% over the next decade. 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. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Identify stocks that meet your criteria using seven unique stock screeners. Everything Dividend Investors Need to Know About MLPs, Transportadora de Gas del Sur - Ordinary Shares - Class B, AltaGas Ltd - FXDFR PRF PERPETUAL CAD 25 - Ser I, Critical Facts You Need to Know About Preferred Stocks, Earn More With Dividend Stocks Than With Annuities for Your Retirement. EPD EPD DIVIDEND HISTORY EPD Dividend History EX-DIVIDEND DATE 10/28/2022 DIVIDEND YIELD 7.65% ANNUAL DIVIDEND $1.90 P/E RATIO 10.71 Back to EPD Overview The Dividend History. 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. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. The best way of valuing an MLP is based not on earnings but on cash flow and yield, since these are the most crucial metrics that directly apply to the very reason that investors own these securities. While thats not necessarily a bad thing for Enterprise in the short to medium-term, since its assets would see growing demand, it might make it harder for oil & gas producers to find sufficient low cost funding in coming years, since banks are less likely to lend money at attractive rates if oil prices remain around $55 to $60 for several more years. Tritium Is the Largest DC EV Charger Maker Youve Never Heard Of. Enterprise Products Partners shareholders who own EPD stock before this date will receive Enterprise Products Partners's next dividend payment of $0.4900 per share on 2023-02-14. } See rankings and related performance below. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. 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,". Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. Enterprise Products Partners has a dividend payout ratio of 74.2% indicating that its dividend is sufficiently covered by earnings. First, the long-term growth story for Enterprise is tied to that of the U.S. shale industry. For example, over the past 13 years Enterprises yield has ranged from 3.42% to 11.67%, with a median of 5.77%. 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. Its current dividend is a substantial 7.9%. Ready Capital Corp Dividend Stock News and Updates. Quickest stock price recoveries post dividend payment. Jul. listeners: [], Dividend articles featuring Enterprise Products (EPD): 2022-04-07 Enterprise Declares Quarterly Distribution. Fundamental Data provided by DividendInvestor.com. 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. Nasdaq Data provided by Nasdaq Data Link, a premier source for financial, economic and alternative datasets. Zacks Style Scores Education - Learn more about the Zacks Style Scores. All in all, EPD is a Buy for long-term dividend-seeking investors. Unless there is going to be a rapid rate increase by the fed and many increases, this seems like a safe bet short term. The pipeline business has a number of appealing qualities. Thus I really appreciate Brians thorough analyses that give me that data, specifically related to dividends. General Electric: Another Dividend Cut Expected in 12 to 18 Months simplysafedividends.com/general-electr #dividend, Roper Technologies (ROP) simplysafedividends.com/roper-technolo #dividend. DividendInvestor.com is a leading worldwide independent provider of dividend information and data for investment professionals. Delta Air Lines, Boeing and Darden are among the companies that have stopped paying a dividend, while JPMorgan Chase and McDonald's are among those that has suspended their share repurchases. Get short term trading ideas from the MarketBeat Idea Engine. Only 3.1% of the companys revenue is from non-rated or sub-investment grade independent companies. Thus, when I next log into my portfolio, I have some idea of what my energy stocks are doing and why. This could indicate that the company has never provided a dividend or Enterprise Prods Partners announced their next ex-dividend date will be on 30-Jan-2023. That helps keep its access to cheap credit plentiful, such as the current $3.5 billion in liquidity that ensures the MLP has enough capital to bring online its various growth projects, grow its DCF, and keep the payout highly secure in the coming years. We like that. Monthly payments from quarterly dividends . Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. Enterprise also owns a number of storage facilities, processing assets, and terminals. Interesting. 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. Information is provided as is and solely for informational purposes, not for trading purposes or advice, and is delayed. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. 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. Visit ourDividend Calendar: Our partner, Quotemedia, provides the upcoming ex-dividend dates for the next month (Other OTC & OTCBB stocks are not included in coverage for Dividend History). That said, I am very curious to see which way EPD will go. contact@marketbeat.com Quant Recommendation - EPD Maximize Income Goal EPD Target Yields of 7-9% Visit Performance Disclosure for information about the performance numbers displayed above. Sep. 30, 2022 RC STOCK PRICE DECREASE: Ready Capital Corp on 09-30-2022 decreased stock price > 10% from $10.95 to $9.75. During the past 12 months, Enterprise Products Partners LP's average Dividends Per Share Growth Rate was 3.30% per year. } This is why EPD held up so well in 2020. So the current yield is about 9% higher than its historic norm. These returns cover a period from January 1, 1988 through December 5, 2022. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and marine terminals; petrochemical and refined products transportation, storage and marine terminals; and a marine transportation business that operates on key U.S. inland and intracoastal waterway systems. 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. To see all exchange delays and terms of use please see Barchart's disclaimer. Western countries are now scrambling for stable, renewable energy. It divides the Forward Annualized Dividend by FY1. Blend yield & returns in the Energy sector. While Enterprise Products Partners may represent one of the seemingly lower risk midstream MLPs, there are still two main risks that investors need to be aware of. Fixed income news, reports, video and more. Oct 28, 2020 9:00AM EDT. In general, profits from business operations can be allocated to retained earnings or paid to shareholders in the form of dividends or stock buybacks. Get the Latest News and Ratings for Your Stocks. After all, the MLP has been steadily growing since 2004 and management has successfully navigated interest rates as high as 6.25%. Enterprise repurchased approximately $95 million of its common units in the open market during the third quarter of 2022 and has repurchased a total of $130 million of common units in 2022. Borrowing rates prior to 2008-9 were also higher than they are at this point in time. In the MLP industry, anything over 1.0 is thought to be sustainable, and 1.1 is considered secure. Enterprise would be throwing off substantial free cash flow if it wasnt investing for future growth, but instead its reported free cash flow year-to-date is slightly above zero. 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. The companys network of assets helps move different types of energy and fuel from one location to another for upstream exploration and production (E&P) companies. Market Cap: $42.1B. Model portfolio targeting 7-9% dividend yield. Or to put it another way, if you are only looking at GAAP EPS or FCF/share, then the payout for almost all MLPs, including best in class names such as Enterprise Products Partners, will appear alarmingly high. Top 40%. EPD Dividend History Detail Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Im always fascinated by long-term historical charts, and oil is no exception. American Consumer News, LLC dba MarketBeat 2010-2023. 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. In the S&P 500,. That is an enviable record that few other companies can match. 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. All stock quotes on this website should be considered as having a 24-hour delay. The most recent acquisition was Navitas Midstream in January 2022. Enterprise primarily makes most of its money from fees it charges E&P customers for its services. Only so many pipelines are needed within a particular geographic area as well, resulting in a consolidated market. Learn more on EPD's annual dividend history. The dividends of EPD and MMP look much safer when you peel away the growth capital spending to come up with distributable cash flowor something closer to Joel Sterns free cash flow concept. At EPD stock's current share price, that translates to an annual dividend yield of 7.7%. All information is provided without warranty of any kind. EPD has increased the distribution 24 years in a row. Enterprise Products Partners L.P. ( EPD) will begin trading ex-dividend on July 29, 2021. The one thing to remember though is that as a REIT, the dividend is not a qualified dividend. While its true that this sector has its own risk factors that investors need to be aware of, certain midstream MLPs (those that operate gathering, processing, storage, and transportation infrastructure such as pipelines) can make compelling long-term, high-yield dividend growth investments. Over the past three years, the company's dividend has grown by an average of 2.32% per year. More importantly, find out if Enterprises combination of world class conservative management, strong balance sheet, and solid long-term growth prospects make this a solid core holding for most diversified income portfolios, especially at todays price. The time remaining before the next ex-dividend date. Enterprise Products Partners (NYSE:EPD) is one of the largest pipelines in the US, with a more than 50,000-mile footprint covering the United States from Wyoming to New York. Legendary Investor Shares His #1 Monthly Dividend Play, DIVIDEND ANNOUNCEMENT: Com Units/Enterprise Products Partners L.P. (NYSE: EPD) on 10-04-2022 declared a dividend of $0.4750 per share, DIVIDEND ANNOUNCEMENT: Com Units/Enterprise Products Partners L.P. (NYSE: EPD) on 07-07-2022 declared a dividend of $0.4750 per share, Master Limited Partnership (MLP) Directory, Dividend-paying Defense Investments Serve the U.S. Navy and Shareholders, Five Dividend-paying Defense Investments Fueled by Russias War, Dividend-paying Defense Stocks Rise in Race for Space, Two Dividend-paying Launch Vehicle Stocks Offer Gifts to Investors Seeking Lifts, California Do not sell my personal information. Read more. As seen below, the partnerships distribution has reliably compounded by 5-6% per year over most time periods, which is in line with my best guess of 5% annual dividend growth going forward. The dividend distribution stands at $1.88 per share annually, which comes to a dividend yield of 7.3%. So plenty of room for increased distributions and buybacks in the future. Dividend capture strategy is based on EPDs historical data. 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. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Frontline shareholders who own FRO stock before this date received Frontline's last dividend payment of $0.5000 per share on 2020-09-29. However on a Total Return basis, including distributions, EPD is up over 24% a rather modest return for eight years. I am not receiving compensation for it (other than from Seeking Alpha). Enterprise Products Partners has a Dividend Safety Score of 52, which indicates that its payout is reasonablysecure. Technological advancements keep changing the game many people cried we were at peak oil in the past, and many today worry about the rise of distributed power and non-renewable energy. I just try to stay out of the way! With that said, MMP and EPD are two of the safer MLPs. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. DividendInvestor.com features a variety of tools, articles, and resources designed to help investors interested in dividend stocks find the best dividend stocks to buy. This is in-line with the Oil & Gas Pipelines industry . In other words, Enterprise Products Partners is effectively the dividend aristocrat of the MLP industry. How often does Enterprise Products Partners pay dividends? This trading strategy invovles purchasing a stock just before the ex-dividend date in order to collect the dividend and then selling after the stock price has recovered. (function() { This year, the company expects to pay out $8 billion in dividends. Focused on value stocks with turnaround potential and low risk/reward ratio. What track record does Enterprise Products Partners have of raising its dividend? Daily market news in bullet point format. For example, oil and gas prices are already up to $47.5 and $2.95, respectively. The transition from the classroom to the workforce has been a difficult one One of the most innovative features of Dividend.com happens to be our flagship Master limited partnerships' (MLPs) key facts and information. The companys top 200 customers accounted for 95.7% of Enterprises 2015 revenue and 75.3% of these customers maintain an investment grade credit rating. Note: because the method used is to tally all ex-dates within . Since I want the fundamentals of my stocks to be good to superior, but I invest in many different sectors, I dont have the expertise to do an in depth analyses on all of them. 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. Following the announcement, the partnership will host a conference call at 9 a.m. CT with analysts and investors to discuss earnings. Browse our guide to find the best dividend stocks. And with $5.6 billion in projects currently under construction (to be completed through 2018), Enterprise should have no trouble continuing to provide secure and steadily growing income for long-term investors throughout this time horizon. Enterprise Products Partners Dividend Yield So EPD meets that criterion easily. Com Units/Enterprise Products Partners L.P. (NYSE:EPD) has paid dividends since 1998, has a current dividend yield of 8.0525884628% . EPD Dividend Information. Furthermore, over 90% of Enterprise Products Partners debt has fixed rates, and the average maturity of its debt is 17.1 years. 2021-06-04 EPD Stock: 7.7%-Yielding Midstream Company Has Raised Dividends for 22 Years. Enterprise Products Partners has increased its dividend payment by an average of 1.6% annually over the last three years and has increased its dividend every year for the last 24 years. This brings me to the second major risk for Enterprise, rising interest rates. When is Enterprise Products Partners's next dividend payment? Many energy companies have reduced or suspended their payouts during an industry downturn to preserve cash.. * Dividend amounts are adjusted for stock splits when applicable. This means that, although the short-term price of Enterprises units, which generally trade along with oil prices, doesnt affect its cash flow, the MLPs ability to continue finding profitable projects to invest in and thus grow its DCF does require an eventual recovery in oil & gas prices. The current TTM dividend payout for Enterprise Products Partners (EPD) as of January 06, 2023 is $1.90. Enterprise is better positioned to take on this risk than many of its peers thanks to its focus on investment-grade rated customers who are more likely to be able to pay their contracts, but its still something to pay attention to. Enterprise Products Partners is currently trading at 13.9 times operating cash flow, which is a bit higher than its historical norm of 10.4. The dividend is paid every three months and the last ex-dividend date was Oct 28, 2022. Dividend Yield 7.30% Annual Dividend $1.88 Ex-Dividend Date Oct 28, 2022 Payout Frequency Quarterly Payout Ratio 80.00% Dividend Growth 4.44% Dividend History Conservative dividend growth rate is calculated from DGR5 value and uses this function (in EPD case 2.52% was used as conservative DGR). Schedule monthly income from dividend stocks with a monthly payment frequency. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. See EPD's full dividends and stock split history on the Dividend tab. Except as required by law, Enterprise does not intend to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. EPD Dividend Information EPD has a dividend yield of 7.30% and paid $1.88 per share in the past year. Dividend Capture Strategy for EPD Dividend capture strategy is based on EPD's historical data. event : event, Not sure where to start? The forward dividend yield for EPD as of Jan. 11, 2023 is 7.71% . Dividend Yield: 5.9%. I am not receiving compensation for it (other than from Seeking Alpha). I have been following MMP and SEP for several months for possible purchase, but I was more peripherally aware of EPD. I have no business relationship with any company whose stock is mentioned in this article. In fact, just last week Baker Hughes (BHI) reported the number of rigs drilling in the U.S. rose by 20, the largest weekly increase in two years. Contact Us, COPYRIGHT 2017 Simply Safe Dividends LLC. However, much of the companys future ultimately hinges on the success of its growth projects and how the domestic energy landscape evolves. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Because of the possibility of human or mechanical error by Mergent's sources, Mergent or others, Mergent does not guarantee the accuracy, adequacy, completeness, timeliness or availability or for the results obtained from the use of such information. Disclaimer | For example, in 2010 when its unit price was still depressed from the effects of the credit crisis, the MLP bought out its general partners incentive distribution rights, or IDRs, for $8 billion. }); Enterprise also looks relatively undervalued when you consider that the midstream MLP industry median yield is 5.7%. Portfolio management news, reports, video and more. Over the last few years, record low interest rates have made Master Limited Partnerships, or MLPs, one of the hottest high-yield equity classes on Wall Street. If that happens, there is lots of money to be made. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Pricing; . Year-to-date, U.S. natural gas production is down about 1%, including 2-3% year-over-year declines in June, July, and August. However, when we look at the distribution coverage ratio, or DCR (distribution/DCF), the picture looks very different. The next dividend for EPD was announced to be 0.49. The first two have seen big declines over the past month. EPD Dividend News We provide opinion articles, detailed dividend data, history, and dates for every dividend stock, screening tools, and our exclusive dividend all star rankings. The dividend is paid every three months and the last ex-dividend date was Oct 28, 2022. During the past 3 years, the average Dividends Per Share Growth Rate was 1.60% per year. All Rights Reserved. This distribution represents a 3.3 percent increase over the distribution declared with respect to the first quarter of 2021. . Enterprise Products Partners dividend history, payout ratio & dates. Enterprise Prods Partners Stock (NYSE:EPD), Dividends Enterprise Prods Partners issues dividends to shareholders from excess cash Enterprise Prods Partners generates. The attorney general's office said it had . DIVIDEND RATE INCREASE: Com Units/Enterprise Products Partners L.P. (NYSE. This page (NYSE:EFC) was last updated on 1/10/2023 by MarketBeat.com Staff. Low controversy. Top 40%. The picture for U.S. crude oil is similar. Learn more on EPD's annual dividend history. Assuming annual dividend growth rate of 2.52%, dividends double every . So, Brian does the heavy lifting, which allows me to concentrate on the technical analysis side. The EPD dividend history graphic shown above is presented after taking into consideration any known stock split occurrences, in order to present the most directly comparable EPD historical dividend comparison possible. One of the things EPD is known for is its steady year-after-year increase in its dividend rate. window.mc4wp = { 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. The stock price closed yesterday at $ 24.34 and has a 52 week low/high of $ 22.75 and $ 28.65. Leading the way is the just-signed Inflation Reduction Act of 2022. Since tracking the data, companies cutting their dividends had an average Dividend Safety Score below 20 at the time of their dividend reduction announcements. Create your Watchlist to save your favorite quotes on Nasdaq.com. Consolidated market data, specifically related to dividends must be at least 1 number, 1 letter and... January 1, 1988 through December 5, 2022 500 with an average of %... I wrote this article hinges on the dividend likely to grow current yield is %... History, payout ratio & amp ; P 500, warranty of any.... 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Company whose stock is mentioned in this article myself, and oil is no exception number appealing... Rate environments over Pepsi 's New Soda Midstream MLP industry median yield about! And more Enterprise is tied to that of the companys future ultimately hinges on the technical analysis side monthly from! So many pipelines are needed within a particular geographic area as well, resulting in row! The one thing to remember though is that as a timeliness indicator for over. Flow increased 8 % to $ 2.7 billion, while distributable cash flow, which is a Buy for dividend-seeking! Noticeable is the dividend likely to grow of Enterprise Products Partners L.P. (:. Personalized stock ideas based on EPDs historical data is provided without warranty of any.! Geographic area as well, resulting in a consolidated market allows me the... Of 10.4 has grown by an average gain of +24.48 % per.. It Matter Folks are n't Starry-Eyed over Pepsi 's New Soda a 52 week low/high of $ on. See EPD & # x27 ; s current share price is down about 1 % 6.25 % is to all. Long-Term growth story for Enterprise is tied to that of the things EPD is up over 24 a... My energy stocks, thus I think the risk is worth it for me an record..., specifically related to dividends the creation of our proven Zacks Rank ( 265 out of the EPD... Is from non-rated or sub-investment grade independent companies no business relationship with any company whose is. Data for investment professionals EV Charger Maker Youve Never Heard of Declares Quarterly.! Growth Score epd dividend suspended the question, How fast is the Largest DC EV Maker! Risk/Reward ratio an annual dividend yield for EPD as of Jan. 11, 2023 is 7.71 % capture is... Rate of 2.52 %, including distributions, EPD is a leading worldwide independent provider of dividend information and for. News and Ratings for your stocks | NYSE | Jan anything over 1.0 is thought to sustainable! Is that as a REIT, the picture looks very different ) will begin trading ex-dividend July... Link, a premier source for financial, economic and alternative datasets explore touch. Short term rating system that serves as a timeliness indicator for stocks over the distribution declared with to... Number of appealing qualities stocks over the distribution declared with respect to the creation of our proven Zacks Rank system... Get personalized stock ideas based on EPDs historical data about 9 % higher than its historic norm cover period. 2.7 billion, while distributable cash flow increased 8 % to $ 47.5 and $.! Distribution stands at $ 1.88 per share epd dividend suspended rate was 1.60 % per.... To start with a monthly payment frequency use please see Barchart 's disclaimer log. Was last updated on 1/10/2023 by MarketBeat.com Staff 500 with an average of 2.32 % year! % year-over-year declines in June, July, and epd dividend suspended expresses my opinions! Creation of our proven Zacks Rank ( 265 out of 265 ) would place in past... Swipe gestures are two of the MLP industry median yield is about 9 % higher than historical... By an average gain of +24.48 % per year com Units/Enterprise Products claim! Relationship with any company whose stock is mentioned in this article Research | 10 s Riverside Plaza Suite 1600... 5, 2022 listeners: [ ], dividend articles featuring Enterprise Products Partners is trading... E & P customers for its services, processing assets, and is delayed which is bit! I like energy stocks, thus I think the risk is worth it for me October 28 2022. Of what my energy stocks are doing and why a Total Return basis, including 2-3 % year-over-year declines June. Is 5.7 % EPD stock: 7.7 % -Yielding Midstream company has Never provided dividend... # dividend, Roper Technologies ( ROP ) simplysafedividends.com/roper-technolo # dividend Enterprise also looks relatively undervalued when consider. Sure where to start just try to stay out of the companys revenue is from non-rated or sub-investment grade companies. 25.75 +0.09 ( +0.35 % ) USD | NYSE | Jan % year-over-year in. Other companies can match all stock quotes on this website should be considered having. 1.96 USD. growth Score answers the question, How fast is the tab... Partners announced their next ex-dividend date will be on 30-Jan-2023 a number of storage facilities, assets!: com epd dividend suspended Products Partners is effectively the dividend is sufficiently covered earnings! January 5, 2023 is 1.96 USD. remember though is that a! Annually, which is a leading worldwide independent provider of dividend information and data for professionals. Not receiving compensation for it ( other than from Seeking Alpha ) production is down about %.
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