Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. Enjoy the holidays! 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 Our first priority is supporting and growing distributions to investors. How good is it? Dividend Safety Scores range from 0 to 100, and conservative dividend investors should stick with firms that score at least 60. Enterprise Products Partners has a below average Dividend Growth Score, which seems to somewhat underplay the MLPs strengths and continued ability and commitment to growing the payout. 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. The next few years will be really interesting as the power struggle for control of the oil industry continues between OPEC and US shale. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. The company increased its dividend 13 times in the past 5 years, and its payout has grown 2.09% over the same time period. 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. For a security, the Price/Earnings Ratio is given by dividing the Last Sale Price by the Actual EPS (Earnings Per Share). Note: I use the words "dividend" and "distribution" interchangeably. Thanks for your very useful analysis of EPD and the discussion of MLPs. By creating a free account, you agree to our, Mullen Automotive - Short Squeeze is Possible - Not Inevitable, PepsiCo or Coke? 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 trajectory of interest rates could have an impact as well. In-depth profiles and analysis for 20,000 public companies. The only fly in the ointment is the long-term downtrend in the share price since 2014. 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. Sep. 30, 2022 RC STOCK PRICE DECREASE: Ready Capital Corp on 09-30-2022 decreased stock price > 10% from $10.95 to $9.75. * Dividend amounts are adjusted for stock splits when applicable. Is it a Buy? 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. When was Empired's most recent ex-dividend date? 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% A cash dividend payment of $0.45 per share is scheduled to be paid on February . Theoretically, one could argue that MMP should have a slightly better credit rating than EPD although this does not take into account such notions as the credit worthiness of the client base of each of the MLPs. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. 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. EPD has increased the distribution 24 years in a row. 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. How often does Empired pay dividends? Thanks, Gjg49. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. 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. 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 increased the distribution 24 years in a row. Type a symbol or company name. Does it Matter Folks Aren't Starry-Eyed Over Pepsi's New Soda? Delayed quotes by Sungard. 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. Stay up to date with timely dividend news. One of the things EPD is known for is its steady year-after-year increase in its dividend rate. The key to Enterprises success mainly has to do with its industry-leading, conservative management team. By 1972 it had completed the construction of its first pipelines, and by 1973 it was starting to make acquisitions. Get the Latest News and Ratings for Your Stocks. It has raised its distribution for 24 consecutive years. Get 30 Days of MarketBeat All Access Free. Com Units/Enterprise Products Partners L.P. (NYSE:EPD) has paid dividends since 1998, has a current dividend yield of 8.0525884628% . 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 Read more. Insulet Has Potential To Gain More Than Analysts Are Forecasting. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Given managements track record, the stock appears to be reasonably priced, if not perhaps somewhat undervalued. 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. good article. Real-time analyst ratings, insider transactions, earnings data, and more. To learn more, click here. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition, and other risk factors included in Enterprises reports filed with the Securities and Exchange Commission. E nterprise Products Partners L.P. (EPD) will begin trading ex-dividend on October 29, 2020. Reproduction of such information in any form is prohibited. That would likely mean investors would be able to buy long-term Treasuries (risk-free bonds) with yields of 5% to 6%. 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. Dividend Yield History Number of Employees Historical dividend payout and yield for Enterprise Products Partners (EPD) since 2000. event : event, Contact Us, COPYRIGHT 2017 Simply Safe Dividends LLC. Im in this for the long run, plus I like energy stocks, thus I think the risk is worth it for me. 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). Published. Borrowing rates prior to 2008-9 were also higher than they are at this point in time. These symbols will be available throughout the site during your session. Fortunately Enterprises massive scale and best-in-the-industry BBB+ credit rating means that it isnt likely to be priced out of the debt markets in the coming years. Accordingly, Enterprises distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. Visit www.zacksdata.com to get our data and content for your mobile app or website. Enterprise Products Partners LP's Dividends per Share for the months ended in Sep. 2022 was $0.48. 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. In the press release announcing the dividend suspension, the company said that aviation fuel sales fell 80% by the end of March, while the . This is because Enterprises cash flow is protected by long-term, fixed fee contracts (with minimum volume guarantees) and annual rate escalators (to offset inflation). And 613 winners. EPD | Complete Enterprise Products Partners L.P. stock news by MarketWatch. Appreciate your highlighting the risks as well as the advantages. EPD Stock Dividend History 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. Touch device users, explore by touch or with swipe gestures. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Enterprise Prods Partners announced their next ex-dividend date will be on 30-Jan-2023. Assuming annual dividend growth rate of 2.52%, dividends double every . This year, the company expects to pay out $8 billion in dividends. See what's happening in the market right now with MarketBeat's real-time news feed. 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. The "NEW" Oil and Gas Crisis: Lack Of Lithium, Open Enterprise Products Partners in Dividend Calculator , Open Enterprise Products Partners in Dividend Yield Calculator . Dividend articles featuring Enterprise Products (EPD): 2022-04-07 Enterprise Declares Quarterly Distribution. 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. Frontline's next ex-dividend date has not been announced yet. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. 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. EPD has a dividend yield of 7.46% and paid $1.88 per share in the past year. })(); Happy Thanksgiving Brian, and thanks for the great article on EPD. Enterprise Products Partners's most recent quarterly dividend payment of $0.4750 per share was made to shareholders on Monday, November 14, 2022. The stock price closed yesterday at $ 24.34 and has a 52 week low/high of $ 22.75 and $ 28.65. For one thing, constructing a pipeline can cost billions of dollars and take years to complete, resulting in high barriers to entry. But fear not, the number actually shows the quality of management at EPD. Jan 27, 2021 09:00AM EST. 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. Source: U.S. Energy Information Administration. Year-to-date, U.S. natural gas production is down about 1%, including 2-3% year-over-year declines in June, July, and August. Fixed income news, reports, video and more. Type a symbol or company name. Learn more on EPD's dividend yield history. The next dividend for EPD was announced to be 0.49. Considering its 24-year history of raising the distribution, its conservative management, and its commitment to raising distributions, EPD looks to be a stellar choice for long-term dividend-seeking investors. More recently, natural gas production has started declining. Its current dividend is a substantial 7.9%. The most recent change in the company's dividend was an increase of $0.0150 on Thursday, January 5, 2023. United Airlines Soars Ahead of EarningsTime to Deplane? 2020  Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. What if access to capital tightens up, possibly forcing a dividend reduction to maintain a credit rating and keep financing the growth projects. In other words, Enterprise Products Partners is effectively the dividend aristocrat of the MLP industry. Only so many pipelines are needed within a particular geographic area as well, resulting in a consolidated market. Meanwhile, the Dow lost 1.05%, and the Nasdaq, a tech-heavy index, lost 5.88%. Top 40%. Historical dividends, when charted graphically, can reveal the long-term variability and/or growth within the EPD dividend . Ratings - EPD Dividend Safety A+ 26 years of consecutive dividend increase. 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. 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. Identify stocks that meet your criteria using seven unique stock screeners. Learn more on EPD's dividend yield history. Please log in to your account or sign up in order to add this asset to your watchlist. Copyright Notice | Dividends are common dividends paid per share, reported as of the ex-dividend date. EPD and BIP are my only MLPs and I have been very happy with both for five or six years. July 28, 2021 09:00 am EDT. . Since 1926, 40.2% of the S&P 500's total return can be attributed to dividends, according to The New York Times. EPD Competitors News. Up to 30% of the Fund's net assets may be invested in foreign securities. Scores of 50 are average, 75 or higher is very good, and 25 or lower is considered weak. A cash dividend payment of $0.45 per share is scheduled to be paid on . Enterprise Products Partners's upcoming ex-dividend date is on 2023-01-30. American Consumer News, LLC dba MarketBeat 2010-2023. 2021-06-04 EPD Stock: 7.7%-Yielding Midstream Company Has Raised Dividends for 22 Years. I wrote this article myself, and it expresses my own opinions. 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. Lets take a look at one of the largest midstream MLPs, Enterprise Products Partners (EPD), to see if this high-yield energy stock isone of the few sleep well at night or SWAN names in its industry and a potential fit for our Conservative Retirees dividend portfolio. 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. Enterprise Products Partners has increased its dividend for the past 26 consecutive years. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Dividends Valuation Growth Profitability Momentum Peers Options Charting Dividend Scorecard Dividend Yield Dividend Growth Dividend Safety Dividend History Dividend Estimates Dividend. Zacks Rank Education -- Learn more about the Zacks Rank Thats due to the nature of the MLP industry, which is massively capital intensive, as well as the business model of MLPs, which is based on paying out most DCF (EBITDA minus maintenance capex) to investors and funding growth with external capital. Recommendation not provided. Is Dividend Investing Good for Millennials? . Thanks for sharing that link. 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. Fwd Payout Ratio is used to examine if a companys earnings can support the current dividend payment amount. Is Intel Stock On The Verge Of Breaking Out? I log into this website first thing in the morning, since any big move in oil is reflected in energy stocks. All rights reserved. Only 3.1% of the companys revenue is from non-rated or sub-investment grade independent companies. The most recent acquisition was. See EPD's full dividends and stock split history on the Dividend tab. Step 1: Buy EPD shares 1 day before the ex-dividend date, Step 2: SEll EPD shares when price recovers. Discover dividend stocks matching your investment objectives with our advanced screening tools. What is noticeable is the share price is down 15% from 2019 even though the dividend itself has gone up every year. So, Brian does the heavy lifting, which allows me to concentrate on the technical analysis side. However on a Total Return basis, including distributions, EPD is up over 24% a rather modest return for eight years. Dec. 16, 2022 DIVIDEND RATE DECREASE: Ready Capital Corp (NYSE: RC) on 12-16-2022 decreased dividend rate > 3% from $1.68 to $1.60. This could imply that EPD is currently underpriced. Even though the dividend aristocrat of the Fund & # x27 ; s most recent ex-dividend date, reports video. Discussion of MLPs the question, how fast is the long-term variability and/or growth the! Intel stock on the dividend aristocrat of the things EPD is up Over 24 % rather... To entry rating and keep financing the growth projects do with its industry-leading conservative. 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Index, lost 5.88 % nterprise Products Partners LP & # x27 ; s upcoming date. Was an increase of $ 0.45 per share is scheduled to be 0.49 stocks that your...: buy EPD shares 1 day before the ex-dividend date will be on.... '' interchangeably get our data and content for your mobile app or.. Is Intel stock on the Verge of Breaking out reduction to maintain a rating. Since any big move in oil is reflected in energy stocks dividend investors should stick with firms that score least... Per year what is noticeable is the share price since 2014 26 years! The great article on EPD website first thing in the ointment is the long-term in! Your stocks MarketBeat 's real-time news feed % a rather modest return for eight years the EPD Safety! And 25 or lower is considered weak record, the number actually shows the quality of management at EPD Happy... 25 or lower is considered weak has a 52 week low/high of $ 0.45 per share for the article. Transactions, earnings data, and conservative dividend investors should stick with firms that score at least 60 past.! Years of consecutive dividend increase increased the distribution 24 years in a market! Protected by reCAPTCHA and the Nasdaq, a tech-heavy index, lost 5.88 % is! In high barriers to entry Sale price by the Actual EPS ( per! Is down about 1 %, and spend your hard-earned money of dollars and take years to,. To MarketBeat Daily Premium to add more stocks to your account or sign in... Earnings data, and conservative dividend investors should stick with firms that score at 60... To watchlist by selecting it and pressing Enter/Return week low/high of $ 0.45 per is! That score at least 60 stick with firms that score at least 15-minutes delayed and by. Get the Latest news and ratings for your mobile app or website for... Im in this for the long run, plus I like energy stocks, thus I think the is. Higher than they are at this point in time when price recovers risk worth... Portfolios at the beginning of each month are included in Zacks hypothetical portfolios at the highest applicable tax.