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. Become a Premium Member to stick up to 3 rows and access more exclusive benefits. The Dividend History page provides a single page to review all of the aggregated Dividend payment information. 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. EPD Competitors News. Enterprise Products Partners's next ex-dividend date is Monday, January 30, 2023. 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. Putin's invasion of Ukraine has revealed the West's dependence on Russia for their energy needs. 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. Basically, it used the 2016 dividend cut to help reset the business, reducing leverage while still investing in its business for growth. Im always fascinated by long-term historical charts, and oil is no exception. Accordingly, Enterprises distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. Good to see that you differentiated between growth capital spending and maintenance or sustaining capital spending. Furthermore, over 90% of Enterprise Products Partners debt has fixed rates, and the average maturity of its debt is 17.1 years. And then theres the MLPs strong balance sheet to consider. Add FRO to your watchlist to be reminded before . ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. We provide opinion articles, detailed dividend data, history, and dates for every dividend stock, screening tools, and our exclusive dividend all star rankings. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years. The key point to remember is even though revenue was down some years both gross profit and EBITDA went up, thus allowing the dividend to go up too. We look at some of the most important financial factors such as current and historical EPS and FCF payout ratios, debt levels, free cash flow generation, industry cyclicality, ROIC trends, and more. Only 3.1% of the companys revenue is from non-rated or sub-investment grade independent companies. 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. Borrowing rates prior to 2008-9 were also higher than they are at this point in time. 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. This year will be the 24th consecutive year of distribution growth. 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. A replay of the webcast will be available for one week following the conference call and may be accessed approximately one hour after completion of the call. Thor Industries Hammered Its Numbers. Production nearly doubled over the last five years but has slumped 5%+ year-over-year in recent weeks. Enterprise Products Partners L.P. Common Stock, Do Not Sell My Personal Information (CA Residents Only). The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. That would likely mean investors would be able to buy long-term Treasuries (risk-free bonds) with yields of 5% to 6%. The only fly in the ointment is the long-term downtrend in the share price since 2014. Enterprise Products Partners L.P. (EPD) will begin trading ex-dividend on January 28, 2021. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. However, it did pay its quarterly dividend of 31.25 cents per share. How and When Are Stock Dividends Paid Out? Sign in to your free account to enjoy all that MarketBeat has to offer. 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. Interesting. The last ex-dividend date was Dec 13, 2022. Dividend Yield. Type a symbol or company name. By the way, in following the prices of these stocks today, while also following the price of oil, I noted the stock prices were in lock step with oil prices, right down to the minute, at least during the last trading hour or so I did this study. Members of Turnaround Stock Advisory get exclusive ideas and guidance to navigate any climate. Jan 27, 2021 09:00AM EST. The picture for U.S. crude oil is similar. By 1972 it had completed the construction of its first pipelines, and by 1973 it was starting to make acquisitions. 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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. Browse our guide to find the best dividend stocks. Check out the securities going ex-dividend this week. Enter Your Email Below To Claim Your Report: New Report from the Award-winning Analyst Who Beat the Market Over 15 Years. Learn more on EPD's annual dividend history. 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. Scores of 50 are average, 75 or higher is very good, and 25 or lower is considered weak. Thats thanks to its business model, which is less sensitive to oil & gas prices than one might initially think. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Copy and paste multiple symbols separated by spaces. When was Enterprise Products Partners's most recent dividend payment? Past performance is no guarantee of future results. Can Alaska Air Continue Soaring Above The Airline Industry? Is it a Buy? EPD has a dividend yield of 7.46% and paid $1.88 per share in the past year. All information is provided without warranty of any kind. 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. United Airlines Soars Ahead of EarningsTime to Deplane? CONTACT US: (440) 617-1200; Home; Contact Us; why are flights so expensive right now 2022 Menu Dividend Yield History Number of Employees Historical dividend payout and yield for Enterprise Products Partners (EPD) since 2000. If you are reaching retirement age, there is a good chance that you You take care of your investments. At first glance, Enterprises high debt load might not appear all that safe. 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. Customized to investor preferences for risk tolerance and income vs returns mix. Enterprise primarily makes most of its money from fees it charges E&P customers for its services. And 613 winners. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Insulet Has Potential To Gain More Than Analysts Are Forecasting. 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 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. . Enterprise Prods Partners announced their next ex-dividend date will be on 30-Jan-2023. 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% To see all exchange delays and terms of use please see Barchart's disclaimer. Dividend history information is presently unavailable for this company. You raised a great point about diversification it prevents us from having to be right on all of our investments. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. E nterprise Products Partners L.P. (EPD) will begin trading ex-dividend on October 29, 2020. Get 30 Days of MarketBeat All Access Free. However on a Total Return basis, including distributions, EPD is up over 24% a rather modest return for eight years. How often does Empired pay dividends? } So plenty of room for increased distributions and buybacks in the future. Enterprise Products quarterly distribution has been increased 58 times since the partnership went public in 1998, including 49 consecutive quarterly raises. The first two have seen big declines over the past month. Contact Us, COPYRIGHT 2017 Simply Safe Dividends LLC. Management owns more than 30% of the shares, making them very shareholder-friendly. ZacksTrade and Zacks.com are separate companies. At EPD stock's current share price, that translates to an annual dividend yield of 7.7%. Fixed income news, reports, video and more. 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. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. 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. EPD Dividend Information. Thats especially true if interest rates continue to rise, as they have sharply over the last few weeks. The annual dividend for EPD shares is $1.90. For most of my 40-year career developed and sold financial and accounting software. } Please log in to your account or sign up in order to add this asset to your watchlist. 2021-10-12 Enterprise Declares Quarterly Distribution. 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. * Dividend amounts are adjusted for stock splits when applicable. EPD's ex-dividend date. * indicates the important links in the menu. Recommendation not provided. Our Dividend Safety Score answers the question, Is the current dividend payment safe? We look at some of the most important financial factors such as current and historical EPS and FCF payout ratios, debt levels, free cash flow generation, industry cyclicality, ROIC trends, and more. A cash dividend payment of $0.45 per share is scheduled to be paid on February . This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). 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 (EPD): How Safe is this High-Yield MLPs Distribution? Thus, when I next log into my portfolio, I have some idea of what my energy stocks are doing and why. So the current yield is about 9% higher than its historic norm. If you understand and are comfortable with the risks involved with investing in MLPs and desire exposure to the energy sector, Enterprise Products Partners is an interesting candidate to consider as part of a well-diversified income growth portfolio. Latest Dividends Enter the number of Enterprise Products Partners L P - Unit shares you hold and we'll calculate your dividend payments: Calculate Payment Previous Payment $47.50 Paid on 14 Nov 2022 (Mon) Next Payment $49.00 Fundamental Data provided by DividendInvestor.com. Source: Enterprise Products Partners. 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. EPD has increased the distribution 24 years in a row. window.mc4wp = { This could indicate that the company has never provided a dividend or We analyze 25+ years of dividend data and 10+ years of fundamental data to understand the safety and growth prospects of a dividend. 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. 81.90% based on the trailing year of earnings. Enterprise also owns a number of storage facilities, processing assets, and terminals. 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 J.B. Hunt Gets A Flat, Logistic Companies Come Into Focus. P&G also plans to buy back $7 billion to $9 . When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Free cash flow is distorted by a companys total capital expenditures, which bundle growth expenditures and maintenance expenditures together. The quarterly distribution will be paid Thursday, May 12, 2022, to common unitholders of record as of the close of business Friday, April 29, 2022. 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. Enterprise Products Partners L.P. is a diverse and fully integrated mid-stream energy company operating in North America. Com Units/Enterprise Products Partners L.P.'s market cap is $ 52,953,373,800 and has a PE ratio of 10.54. The forward dividend yield for EPD as of Jan. 11, 2023 is 7.71% . During the early 1980s, you were borrowing money with up to 20% interest rates. 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