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. The one thing to remember though is that as a REIT, the dividend is not a qualified dividend. Published. So plenty of room for increased distributions and buybacks in the future. Reproduction of such information in any form is prohibited. 2021-10-12 Enterprise Declares Quarterly Distribution. Appreciate your highlighting the risks as well as the advantages. Returns Risk A+ 1.4% short interest. With that said, MMP and EPD are two of the safer MLPs. EPD's current dividend yield is eight basis points . Thor Industries Hammered Its Numbers. Over the past three years, the company's dividend has grown by an average of 2.32% per year. Up to 30% of the Fund's net assets may be invested in foreign securities. Note: I use the words "dividend" and "distribution" interchangeably. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Johnson & Johnson Breakout Breaks Down: Can Earnings Boost Stock? 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. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. It divides the Forward Annualized Dividend by FY1. The Dividend History page provides a single page to review all of the aggregated Dividend payment information. Municipal bonds news, reports, video and more. Historical Dividend Data powered by DividendInvestor.com. Dividend Yield History Number of Employees Historical dividend payout and yield for Enterprise Products Partners (EPD) since 2000. on: function (event, callback) { Thats especially true if interest rates continue to rise, as they have sharply over the last few weeks. Thus, when I next log into my portfolio, I have some idea of what my energy stocks are doing and why. Information is provided as is and solely for informational purposes, not for trading purposes or advice, and is delayed. Quant Recommendation - EPD Maximize Income Goal EPD Target Yields of 7-9% This is because GAAP earnings require a company to account for non-cash charges such as depreciation and amortization of its assets (MLPs have significant fixed assets). You must be a shareholder on or before the next ex-dividend date to receive the upcoming dividend. See what a Digrin managed dividend portfolio looks like. Co.'s midstream energy operations 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 the United States inland and Intracoastal Waterway systems. World leaders must find new sources of minerals, such as copper, essential to their transition to energy independence. Frontline's next ex-dividend date has not been announced yet. 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% Blend yield & returns in the Energy sector. That puts the current rig count up nearly 50% off its lows and might signal that U.S. shale producers, eager for additional cash flow to service their debts, might end up stalling the recovery at much lower prices than otherwise would have occurred. Identify stocks that meet your criteria using seven unique stock screeners. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. Mixed Dividend Story NLY pays a $0.88 dividend annually, which yields 9.53% at the current share price. Vale S.A. has a dividend yield of 7.68% and paid 7.29131 BRL or $1.38 USD per share in the past year. I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. NYSE and AMEX data is at least 20 minutes delayed. How much is Enterprise Products Partners's annual dividend? 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. Oil has been at this level or lower before 2004-5 and except for the early 1980s. Natural gas liquids transportation and processing provides the majority of the MLPs gross margins, which Enterprise is doubling down on because the shale gas boom has resulted in such an abundance of NGLs (which are used to make plastics) that there is a massive and fast growing export market for refined NGL products such as Ethylene and Propylene in Asia and Europe. Thats especially true given the highly favorable economics of these formations, meaning high internal rates of return if energy prices increase by just a little from todays levels. Comparing EPD to its pipeline competitors shows EPD behind only Energy Transfer (ET), but with their huge cash flow and management commitment to increasing distributions and buying back shares, it should be considered top tier for this group. Build conviction from in-depth coverage of the best dividend stocks. This brings me to the second major risk for Enterprise, rising interest rates. In-depth profiles and analysis for 20,000 public companies. The last ex-dividend date was Dec 13, 2022. Dividend Yield. Thanks for your very useful analysis of EPD and the discussion of MLPs. In the MLP industry, anything over 1.0 is thought to be sustainable, and 1.1 is considered secure. This is in-line with the Oil & Gas Pipelines industry . 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. See Best Monthly Dividend Stocks Model Portfolio for our top monthly income ideas. NASDAQ data is at least 15 minutes delayed. } A cash dividend payment of $0.45 per share is scheduled to be paid on . 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. listeners: [], This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Dividends Valuation Growth Profitability Momentum Peers Options Charting Dividend Scorecard Dividend Yield Dividend Growth Dividend Safety Dividend History Dividend Estimates Dividend. All in all, EPD is a Buy for long-term dividend-seeking investors. Specifically, Enterprise reported $3.1 billion in DCF for the first three quarters of 2016, which means a DCR of 1.22. This explains why it has the highest credit rating of any MLP (actually its tied with Magellan Midstream Partners (MMP)). This 20 billion barrel oil field, which also holds an estimated 16 trillion cubic feet of natural gas, is part of the larger Permian Basin, which is estimated to hold 75 billion barrels of recoverable oil. EPD currently pays investors $1.90 per share, or 7.44%, on an annual basis. Enterprise Prods Partners announced their next ex-dividend date will be on 30-Jan-2023. 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. Com Units/Enterprise Products Partners L.P. (NYSE:EPD) has paid dividends since 1998, has a current dividend yield of 8.0525884628% and has increased its dividends for 0 successive years. Dividend payout record can be used to gauge the company's long-term performance when analyzing individual stocks. Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. Our daily ratings and market update email newsletter. All rights reserved. Focused on value stocks with turnaround potential and low risk/reward ratio. Source: Enterprise Products Partners. Enterprise Prods Partners Stock (NYSE:EPD), Dividends Enterprise Prods Partners issues dividends to shareholders from excess cash Enterprise Prods Partners generates. Type a symbol or company name. Management is committed to increasing the distribution annually. As an investor matures in his or her journey, the value of dividend stocks typically becomes more pronounced. When you look at EPD's Revenue, Gross Profit, and EBITDA over the last five years, you see some incongruous numbers. Prior to today's trading, shares of the petroleum and. The annual dividend for EPD shares is A$0.01. However, it did pay its quarterly dividend of 31.25 cents per share. And in recent months the recovery in energy prices off its January 2016 lows has resulted in a steady rise in drilling rigs. Privacy Policy | Enterprise Products Partners Dividend Yield So EPD meets that criterion easily. Western countries are now scrambling for stable, renewable energy. EPD's ex-dividend date. Visit Performance Disclosure for information about the performance numbers displayed above. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years. 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. HEP)+7.4%, Enterprise Product Partners LP (NYSE: EPD)+7.7% and Magellan Midstream Partners (NYSE: MMP)+8.1%. Only 3.1% of the companys revenue is from non-rated or sub-investment grade independent companies. 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. Part of the reason for this is also managements extremely unit holder friendly, long-term focus. 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. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. It has approved a $0.22 quarterly dividend for the second quarter, payable on July 30.. That was because of management's wise decisions to divest some properties and reinvest in others. Management is committed to increasing the distribution annually. What is noticeable is the share price is down 15% from 2019 even though the dividend itself has gone up every year. Source: Enterprise Products Partners Investor Presentation. Com Units/Enterprise Products Partners L.P. (NYSE:EPD) has paid dividends since 1998, has a current dividend yield of 8.0525884628% . 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. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. The dividend payout ratio for EFC is: -151.26% based on the trailing year of earnings. I have no business relationship with any company whose stock is mentioned in this article. Enterprise Products Partners has increased its dividend for the past 26 consecutive years. Thus I really appreciate Brians thorough analyses that give me that data, specifically related to dividends. Dailyfx.com has a great streaming chart of WTI and Brent Crude Oil for interested parties. Keep These 3 Dividend Contenders on the 2023 Watch List, 3 Health Care Stocks Paying Reliable Dividends, 3 High-Yield Dividend Stocks to Hold for the Long Haul. (function() { What if access to capital tightens up, possibly forcing a dividend reduction to maintain a credit rating and keep financing the growth projects. What does Nu Holdings Stock Have To Do With Warren Buffett? Reit, the Act is expected to triple U.S. solar energy production the... [ ], this site is protected by reCAPTCHA and the Google Privacy Policy | Enterprise Products Partners increased... Me to the second major risk for Enterprise, rising interest rates it. That data, specifically related to dividends and Brent Crude Oil for interested parties Partners yield., when I next log into my portfolio, I have some idea of what my energy stocks doing! 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