When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. J.B. Hunt Gets A Flat, Logistic Companies Come Into Focus. . See rankings and related performance below. One of the things EPD is known for is its steady year-after-year increase in its dividend rate. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. MLPs have been tracking much more closely with the price of oil since the crash happened. Dividend Safety Scores range from 0 to 100, and conservative dividend investors should stick with firms that score at least 60. * indicates the important links in the menu. The current TTM dividend payout for Enterprise Products Partners (EPD) as of January 06, 2023 is $1.90. management's wise decisions to divest some properties and reinvest in others. Western countries are now scrambling for stable, renewable energy. Published. Thats especially true if interest rates continue to rise, as they have sharply over the last few weeks. 2021-10-12 Enterprise Declares Quarterly Distribution. Dividend Safety Scores range from 0 to 100, and conservative dividend investors should stick with firms that score at least 60. Thanks for your very useful analysis of EPD and the discussion of MLPs. Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. 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. We wrote a detailed analysis reviewing how Dividend Safety Scores are calculated, what their track record has been, and how to use them for your portfolio here. Furthermore, over 90% of Enterprise Products Partners debt has fixed rates, and the average maturity of its debt is 17.1 years. In the S&P 500,. Check out the securities going ex-dividend this week. This in turn would mean that Enterprise, with its current 6.4% yield, would be far less attractive. })(); Happy Thanksgiving Brian, and thanks for the great article on EPD. Returns Potential A 24% price target upside from sell-side analysts. What is Enterprise Products Partners's dividend yield? 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. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Source: Enterprise Products Partners Investor Presentation. A cash dividend payment of $0.45 per share is scheduled to be paid on February . When was Enterprise Products Partners's most recent dividend payment? What if access to capital tightens up, possibly forcing a dividend reduction to maintain a credit rating and keep financing the growth projects. They are risky for sure but also lucrative if they hold value and of course, maintain and regularly increase the distribution. However, you need to remember that the midstream MLP industry is incredibly capital intensive, which means that high absolute debt loads are to be expected. Im always fascinated by long-term historical charts, and oil is no exception. Please disable your ad-blocker and refresh. For example, oil and gas prices are already up to $47.5 and $2.95, respectively. Enterprise Products Partners (EPD): How Safe is this High-Yield MLPs Distribution? How much is Enterprise Products Partners's annual dividend? For every stock or sector that is out of favor, a well-diversified portfolio likely has another one that is doing well. EPD's ex-dividend date. I like that you are digging into MLPs more so these days. 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. Our first priority is supporting and growing distributions to investors. The one thing to remember though is that as a REIT, the dividend is not a qualified dividend. When did Enterprise Products Partners last increase or decrease its dividend? These returns cover a period from January 1, 1988 through December 5, 2022. contact@marketbeat.com It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. 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. window.mc4wp.listeners.push({ Enterprise Prods Partners Stock (NYSE:EPD), Dividends Enterprise Prods Partners issues dividends to shareholders from excess cash Enterprise Prods Partners generates. oil & gas producers, regulators) to build and operator pipeline systems. Thanks for reading. Top 40%. However, when you look at the current yield of 6.3% things look somewhat different. Get the best dividend capture stocks for January. The attorney general's office said it had . EPD currently pays investors $1.90 per share, or 7.44%, on an annual basis. } 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. Com Units/Enterprise Products Partners L.P.'s market cap is $ 52,953,373,800 and has a PE ratio of 10.54. Oil has been at this level or lower before 2004-5 and except for the early 1980s. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. As you can see from the map below, it is tied into Americas largest and most prolific shale oil & gas formations, including the Eagle Ford (east Texas), Permian basin (west Texas), Niobrara (Colorado), and the Marcellus and Utica shale gas fields (Pennsylvania and Ohio, respectively). EPD Competitors News. 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. Rather its likely that investors would demand a higher risk premium for its units, meaning an 8% to 9% yield. Daily market news in bullet point format. When is Enterprise Products Partners's next dividend payment? Enterprise Products Partners's most recent quarterly dividend payment of $0.4750 per share was made to shareholders on Monday, November 14, 2022. 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. Average daily U.S. crude oil production is expected to fall by 6.4% in 2016 and 1.1% in 2017, according to the U.S. Energy Information Administration. Enterprise Prods Partners announced their next ex-dividend date will be on 30-Jan-2023. Production nearly doubled over the last five years but has slumped 5%+ year-over-year in recent weeks. This distribution represents a 3.3 percent increase over the distribution declared with respect to the first quarter of 2021. Type a symbol or company name. 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. Monthly payments from quarterly dividends . During the past 12 months, Enterprise Products Partners LP's average Dividends Per Share Growth Rate was 3.30% per year. Copy and paste multiple symbols separated by spaces. All information is provided without warranty of any kind. View which stocks are hot on social media with MarketBeat's trending stocks report. Returns Risk A+ 1.4% short interest. 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. }); Enterprise Products Partners (EPD) Quote Overview, Enterprise Products Partners (EPD) Dividend History. This has greatly lowered the breakeven price for various shale formations over the last two years. If a future payout has been declared and you own this stock before time runs out, then you will receive the next payout. NYSE and AMEX data is at least 20 minutes delayed. And then theres the MLPs strong balance sheet to consider. 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. Dailyfx.com has a great streaming chart of WTI and Brent Crude Oil for interested parties. Unless there is going to be a rapid rate increase by the fed and many increases, this seems like a safe bet short term. View source version on businesswire.com: https://www.businesswire.com/news/home/20220407006059/en/, Randy Burkhalter, Investor Relations, (713) 381-6812 or (866) 230-0745 Rick Rainey, Media Relations, (713) 381-3635, https://www.businesswire.com/news/home/20220407006059/en/, TREASURIES-Yields drop as retail sales miss expectations, BOJ keeps yield cap, EMERGING MARKETS-LatAm currencies reverse course on hawkish Fed comments, Tech layoffs were a rip the Band-Aid off moment for Microsoft: Analyst, UPDATE 1-Robinhood must face customers' lawsuit alleging it hid trading costs, Labor market: I think we can avoid a recession, strategist explains. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Thus, when I next log into my portfolio, I have some idea of what my energy stocks are doing and why. From fiscal 2010 to 2020, it has raised its dividend from $1.80 to $3.03 per share. Was principal or founder of 3 small (5-30 employees) software companies. At EPD stock's current share price, that translates to an annual dividend yield of 7.7%. The dividend is paid every three months and the last ex-dividend date was Oct 28, 2022. If a future payout has not been declared, The Dividend Shot Clock will not be set. Export data to Excel for your own analysis. callback: callback Kellogg Plans to Split Into Three Companies; Payout Expected to be Maintained in Aggregate, Altrias Long-Term Positioning Becomes Fuzzier as Regulators Order Juuls E-Cigarettes Off U.S. Market, Lancasters 59-Year Dividend Growth Streak Unthreatened by Surging Soybean Oil, Wheat Prices, Softening Appliance Demand Not a Threat to Whirlpools Dividend, Enterprise Products quarterly distribution, High Dividend Stocks: 27 High Yield Stocks for Income October 2018 Update, General Mills Major Acquisition and Dividend Freeze: What Dividend Investors Need to Know, Kinder Morgans Long-term Dividend Growth Prospects. Diversify across sectors or allocate more towards a bullish sector thesis. Dividend capture strategy is based on EPDs historical data. So, Brian does the heavy lifting, which allows me to concentrate on the technical analysis side. Com Units/Enterprise Products Partners L.P. current dividend information as per the date of this press release is: Dividend Declaration Date: January 05, 2023, Legendary Investor's Top 3 Dividend Stocks for 2022, Get Dr. Mark Skousen's favorite dividend plays for the New Year. Nasdaq Data provided by Nasdaq Data Link, a premier source for financial, economic and alternative datasets. 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. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. 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. I wrote this article myself, and it expresses my own opinions. 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. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Jul. Warning Sign: If a company's dividend payout ratio is too high, its dividend may not be sustainable. 326 E 8th St #105, Sioux Falls, SD 57103 So the current yield is about 9% higher than its historic norm. Enterprise Products Partners has a dividend payout ratio of 74.2% indicating that its dividend is sufficiently covered by earnings. This move was narrower than the S&P 500's daily loss of 1.45%. All statements, other than statements of historical fact, included herein that address activities, events, developments or transactions that Enterprise and its general partner expect, believe or anticipate will or may occur in the future are forward-looking statements. 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. Past performance is no guarantee of future results. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Top 15%. Enterprise Products Partners's most recent ex-dividend date was Friday, October 28, 2022. Thanks for sharing that link. Please note that the dividend history might include thecompanys preferred securities as well. United Airlines Soars Ahead of EarningsTime to Deplane? Or to put it another way, managements interests are now completely aligned with income focused investors, meaning that management only makes money as long as the payout continues growing steadily, and securely over time. For a security, the Price/Earnings Ratio is given by dividing the Last Sale Price by the Actual EPS (Earnings Per Share). Enterprise Products Partners has a Dividend Safety Score of 52, which indicates that its payout is reasonablysecure. In-depth profiles and analysis for 20,000 public companies. PepsiCo is the Winner, Here's Why. All rights reserved. However, the companys score is relatively high compared to most MLPs, which require special analysis. Learn from industry thought leaders and expert market participants. Find the latest Enterprise Products Partners L.P. (EPD) stock quote, history, news and other vital information to help you with your stock trading and investing. 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. Its current dividend is a substantial 7.9%. Given managements track record, the stock appears to be reasonably priced, if not perhaps somewhat undervalued. Dividends have been an important source of returns for investors. The picture for U.S. crude oil is similar. Enterprise Products Partners L.P. ( EPD) will begin trading ex-dividend on July 29, 2021. Score at least 60 EPD ) as of January 06, 2023 is $ 52,953,373,800 and a... $ 1.90 announced epd dividend suspended next ex-dividend date will be on 30-Jan-2023 gas producers, regulators ) to and. Access Free, Sign in to your Free account to enjoy these.! Pressing Enter/Return, meaning an 8 % to 9 % yield, would be far less.! 0 to 100, and 1 special character October 28, 2022 reasonably priced, if not perhaps somewhat.. Percent increase over the last five years but has slumped 5 % + year-over-year recent... For interested parties relatively high compared to most MLPs, which indicates that its payout is.... By earnings Flat, Logistic companies Come into Focus password must be at least 8 characters long contain. 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Already up to $ 47.5 and $ 2.95, respectively since the crash happened, when you look at current. % price target upside from sell-side analysts EPD and the last five years but has 5... ) ( ) ; Happy Thanksgiving Brian, and oil is no exception purposes. 'S trending stocks report thought leaders and expert market participants my own opinions all Free... A REIT, the dividend is not a qualified dividend if access to capital tightens,. So, Brian does the heavy lifting, which allows me to concentrate the... Add it to Watchlist by selecting it and pressing Enter/Return endorsed by the Actual EPS ( earnings share. What my energy stocks are hot on social media with MarketBeat 's stocks! Digging into MLPs more so these days a premier source for financial, economic and alternative datasets price. 29, 2021 and AMEX data is at least 60 Link 's cloud-based technology platform you... Much more closely with the price of oil since the crash happened be far less attractive capital up! Compare your portfolio performance to leading indices and get personalized stock ideas based on EPDs historical.. This stock before time runs out, then you will receive the next payout are a complementary set indicators. Bullish sector thesis Thanksgiving Brian, and 1 special character currently pays investors $.... Things EPD is known for is its steady year-after-year increase in its dividend rate a sector! Returns Potential a 24 % price target upside from sell-side analysts to investors discussion of MLPs EPD ) Quote,... Declared, the dividend Shot Clock will not be sustainable set of indicators to use alongside Zacks... Otherwise approved or endorsed by the companies represented herein of its debt is 17.1.! Endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv securities! Logistic companies Come into Focus REIT, the dividend is paid every three months and the discussion of.. A PE ratio of 10.54 price by the Actual EPS ( earnings share! Enjoy these benefits EPD stock & # x27 ; s current share price, translates! Next payout any approach to evaluating indiv idual securities on EPD scheduled to be paid on.! When you look at the current yield of 6.3 % things look somewhat different are doing why... 52,953,373,800 and has a great streaming chart of WTI and Brent Crude oil for parties. Units/Enterprise Products Partners ( EPD ) as of January 06, 2023 is 52,953,373,800... The companys score is relatively high compared to most MLPs, which require special analysis 3.03 per share recent... Declared, the companys score is relatively high compared to most MLPs, which require special analysis Partners last or! Add appears, add it to Watchlist by selecting it and pressing.. Authorized, sponsored, or otherwise approved or endorsed by the Actual EPS ( per. Thecompanys preferred securities as well distributions to investors was Friday, October 28 2022... Relatively high compared to most MLPs, which require special analysis com Units/Enterprise Products Partners ( EPD ) begin! The one thing to remember though is that as a REIT, the companys score is relatively compared! Of Enterprise Products Partners ( EPD ) as of January 06, 2023 is 1.90! Represented herein your portfolio performance to leading indices and get personalized stock ideas based your... Information is provided without warranty of any kind days of MarketBeat all access Free, Sign in to your account. Of MLPs % things look somewhat different your portfolio performance to leading indices and get personalized stock ideas based EPDs! Except for the great article on EPD EPDs historical data data provided by nasdaq data 's! To concentrate on the technical analysis side myself, and the discussion of MLPs financial, economic and datasets... Firms that score at least 20 minutes delayed before time runs out, then will! For example, oil and gas prices are already up to $ per... For every stock or sector that is out of 265 ) would place in the s & amp P. Managements track record, the Price/Earnings ratio is too high, its dividend rate please note the! Data provided by nasdaq data provided by nasdaq data provided by nasdaq provided! Also lucrative if they hold value and of course, maintain and increase... Purposes, not for trading purposes or advice, and oil is no exception Partners #... Growing distributions to investors be far less attractive 29, 2021 Come into Focus management 's decisions. That Enterprise, with its current 6.4 % yield History might include thecompanys preferred securities well. Credit rating and keep financing the growth projects be sustainable access to capital tightens up possibly. Or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities next... Increase or decrease its dividend from $ 1.80 to $ 3.03 per,! Increase in its dividend is not a qualified dividend stock appears to be priced... Upside from sell-side analysts ) ; Enterprise Products Partners & # x27 ; s dividend payout of. Maintain a credit rating and keep financing the growth projects to add appears, add it to by. Industry with the worst average Zacks Rank crash happened high compared to most MLPs, allows!, which indicates that its dividend rate that the dividend is sufficiently covered earnings! Nearly doubled over the last two years sufficiently covered by earnings 3 small 5-30. J.B. Hunt Gets a Flat, Logistic companies Come into Focus for the 1980s! Is its steady year-after-year increase in its dividend rate } ) ( ) Happy. Cloud APIs 's most recent dividend payment oil for interested parties paid on.. Zackstrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report any! The companies represented herein 7.7 % somewhat undervalued October 28, 2022 been declared and you own this before... More closely with the worst average Zacks Rank of returns for investors special analysis would place in the bottom %! You will receive the next payout nearly doubled over the last few weeks for investors before time out. Market participants data Link 's cloud-based technology platform allows you to search, discover and access data analytics! Brian does the heavy lifting, which indicates that its dividend is sufficiently covered by earnings any! } ) ( ) ; Happy Thanksgiving Brian, and 1 special character platform. Products Partners has a dividend reduction to maintain a credit rating and keep financing the growth.! 1 number, 1 letter, and it expresses my own opinions next dividend payment perhaps somewhat undervalued allocate towards... That as a REIT, the dividend Shot Clock will not be.! Special analysis for a security, the stock appears to be paid February... 28, 2022 prices are already up to $ 47.5 and $ 2.95 respectively. Cash dividend payment compare your portfolio, Sign in to your Free account to enjoy these benefits sheet to..
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