The annual dividend for EPD shares is A$0.01. Enterprise Products Partners is already one of the largest infrastructure providers in these areas, where there are about $4 trillion in oil & gas (at todays prices) just waiting for U.S. shale producers to extract. 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 previous ex-dividend date was on 2020-09-10. Scores of 50 are average, 75 or higher is very good, and 25 or lower is considered weak. You raised a great point about diversification it prevents us from having to be right on all of our investments. 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. 97.30% based on next year's estimates. CONTACT US: (440) 617-1200; Home; Contact Us; why are flights so expensive right now 2022 Menu Zacks Rank Education -- Learn more about the Zacks Rank 23% price target upside from sell-side analysts. Many energy companies have reduced or suspended their payouts during an industry downturn to preserve cash.. Enterprise Prods Partners Stock (NYSE:EPD), Dividends Enterprise Prods Partners issues dividends to shareholders from excess cash Enterprise Prods Partners generates. 2021-07-09 Enterprise Declares Quarterly Distribution. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. These symbols will be available throughout the site during your session. Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. The next few years will be really interesting as the power struggle for control of the oil industry continues between OPEC and US shale. Type a symbol or company name. 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. When was Empired's most recent dividend payment? The monthly returns are then compounded to arrive at the annual return. Com Units/Enterprise Products Partners L.P. (NYSE:EPD) has paid dividends since 1998, has a current dividend yield of 8.0525884628% . 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. Enterprise Products Partners L.P. Common Stock, Do Not Sell My Personal Information (CA Residents Only). 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. The current dividend payout for stock Enterprise Products Partners L.P. (EPD) as of Jan. 11, 2023 is 1.96 USD . 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. Get the Latest News and Ratings for Your Stocks. Enterprise Products Partners's most recent quarterly dividend payment of $0.4750 per share was made to shareholders on Monday, November 14, 2022. Energy stocks have a spotty dividend track record because of the sector's volatility. The scores are based on the trading styles of Value, Growth, and Momentum. This year will be the 24th consecutive year of distribution growth. 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. EPD has increased the distribution 24 years in a row. The trajectory of interest rates could have an impact as well. 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. 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. Enterprise Products Partners LP (NYSE:EPD) Institutional ownership of EPD stands at $523.6 million shares or 24.05% of shares outstanding. Enterprise Products Partners's latest quarterly cash dividend of $0.475 per share was issued to shareholders on record before Oct 28, 2022. Copyright 2023 DividendInvestor.com. Since that point, the dividend has increased from $0.125 . The next dividend for EPD was announced to be 0.49. I am not receiving compensation for it (other than from Seeking Alpha). 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. 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. Zacks Style Scores Education - Learn more about the Zacks Style Scores. EPD and BIP are my only MLPs and I have been very happy with both for five or six years. 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. First, the long-term growth story for Enterprise is tied to that of the U.S. shale industry. I have no business relationship with any company whose stock is mentioned in this article. What is Enterprise Products Partners's dividend yield? Visit Performance Disclosure for information about the performance numbers displayed above. What if access to capital tightens up, possibly forcing a dividend reduction to maintain a credit rating and keep financing the growth projects. Kinder Morgan. Its still a real risk what if the project fails to deliver its expected return with the slump in oil / gas prices? Enterprise Products Partners's most recent ex-dividend date was Friday, October 28, 2022. Pricing; . } Looking at revenue we see a steep drop from 2018 through 2020 then a quick rise for the last two years. Stay up to date with timely dividend news. . 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. I have been following MMP and SEP for several months for possible purchase, but I was more peripherally aware of EPD. Johnson & Johnson Breakout Breaks Down: Can Earnings Boost Stock? In other words, Enterprise Products Partners is effectively the dividend aristocrat of the MLP industry. just 54 losing trades. 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. As an investor matures in his or her journey, the value of dividend stocks typically becomes more pronounced. What does Nu Holdings Stock Have To Do With Warren Buffett? 105.26% based on this year's estimates. 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. 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. Enterprise Products Partners LP's Dividends per Share for the months ended in Sep. 2022 was $0.48. Vale S.A. has a dividend yield of 7.68% and paid 7.29131 BRL or $1.38 USD per share in the past year. In seeking to achieve its objective, the Fund invests a majority of its assets in the common stocks of small- and medium-sized companies that are traded on national security exchanges, the NASDAQ stock market and on the over-the-counter market. Our picks from the +200 dividend stocks paying a monthly dividend. Find real-time EPD - Enterprise Products Partners LP stock quotes, company profile, news and forecasts from CNN Business. The key to Enterprises success mainly has to do with its industry-leading, conservative management team. Thats especially true if interest rates continue to rise, as they have sharply over the last few weeks. For 1000$ you would have purchased 43 number of shares. We analyze 25+ years of dividend data and 10+ years of fundamental data to understand the safety and growth prospects of a dividend. If you found this article to be of value, please scroll up and click the "Follow" button next to my name. 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. Mixed Dividend Story NLY pays a $0.88 dividend annually, which yields 9.53% at the current share price. About Us | Returns Risk A+ 1.4% short interest. Good to see that you differentiated between growth capital spending and maintenance or sustaining capital spending. Enterprise Products Partners's most recent ex-dividend date was Friday, October 28, 2022. Returns Potential A 24% price target upside from sell-side analysts. The dividend distribution stands at $1.88 per share annually, which comes to a dividend yield of 7.3%. 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. Revenue in the last 12 months exceeded $55 billion. View which stocks are hot on social media with MarketBeat's trending stocks report. Check out the securities going ex-dividend this week. 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. If you are reaching retirement age, there is a good chance that you You take care of your investments. Reproduction of such information in any form is prohibited. 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. Free cash flow is distorted by a companys total capital expenditures, which bundle growth expenditures and maintenance expenditures together. EPD has a dividend yield of 7.46% and paid $1.88 per share in the past year. Learn more on EPD's annual dividend history. Zacks Ranks stocks can, and often do, change throughout the month. All Rights Reserved. Get daily stock ideas from top-performing Wall Street analysts. Enterprise Products Partners Dividend Yield So EPD meets that criterion easily. Register for your free account today atdata.nasdaq.com. Helpful articles on different dividend investing options and how to best save, invest, and spend your hard-earned money. Create your Watchlist to save your favorite quotes on Nasdaq.com. forms : { NYSE and AMEX data is at least 20 minutes delayed. Step 1: Buy IVR shares 1 day before the ex-dividend date purchase date (estimate) Apr 26, 2023 Upcoming Ex-dividend date Apr 27, 2023 Step 2: SEll IVR shares when price recovers sell date (estimate) May 13, 2023 Avg Price Recovery 15.3 Days Avg yield on cost 3.56% See Full History Maximize yield on cost. Portfolio management news, reports, video and more. Contact Us, COPYRIGHT 2017 Simply Safe Dividends LLC. management's wise decisions to divest some properties and reinvest in others. Assuming annual dividend growth rate of 2.52%, dividends double every . 326 E 8th St #105, Sioux Falls, SD 57103 However, it did pay its quarterly dividend of 31.25 cents per share. 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. After all, the MLP has been steadily growing since 2004 and management has successfully navigated interest rates as high as 6.25%. However, since EPDs price is more toward the low side of its 52 Week price and the dividend rate is a juicy 6.2+ %, I will start to average in. Disclosure: 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. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Quickest stock price recoveries post dividend payment. Assume, you had bought 1000$ worth of shares before one year on Oct 28, 2021. I wrote this article myself, and it expresses my own opinions. Enterprise Products Partners L.P. (EPD) will begin trading ex-dividend on January 28, 2021. If a future payout has been declared and you own this stock before time runs out, then you will receive the next payout. 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. Ironically enough, the problem for the U.S. energy industry is that the oil crash has forced it to become so much more efficient, optimizing fracking techniques though things like multiple wells per drill pad, longer horizontal laterals, multiple fracking stages, and greater use of frack sand. 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. Thus, when I next log into my portfolio, I have some idea of what my energy stocks are doing and why. Energy prices also impact customers ability to pay their bills and honor their contracts with midstream operators. By creating a free account, you agree to our, Mullen Automotive - Short Squeeze is Possible - Not Inevitable, PepsiCo or Coke? Basically, it used the 2016 dividend cut to help reset the business, reducing leverage while still investing in its business for growth. 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). Disclaimer | Up to 30% of the Fund's net assets may be invested in foreign securities. 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) 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. This press release includes "forward-looking statements" as defined by the Securities and Exchange Commission. Unless there is going to be a rapid rate increase by the fed and many increases, this seems like a safe bet short term. Since tracking the data, companies cutting their dividends had an average Dividend Safety Score below 20 at the time of their dividend reduction announcements. 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 page (NYSE:EFC) was last updated on 1/10/2023 by MarketBeat.com Staff. Enterprise will announce its earnings for the first quarter of 2022 on Monday, May 2, 2022, before the New York Stock Exchange opens for trading. PepsiCo is the Winner, Here's Why. Monthly payments from quarterly dividends . 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. Enter your email address below to receive the DividendStocks.com newsletter, a concise daily summary of stocks that are about to go ex-dividend as well as new dividend announcements. EPD | Complete Enterprise Products Partners L.P. stock news by MarketWatch. How good is it? Im in this for the long run, plus I like energy stocks, thus I think the risk is worth it for me. This distribution represents a 3.3 percent increase over the distribution declared with respect to the first quarter of 2021. If you wish to go to ZacksTrade, click OK. All in all, EPD is a Buy for long-term dividend-seeking investors. At first glance, Enterprises high debt load might not appear all that safe. The forward dividend yield for EPD as of Jan. 11, 2023 is 7.71% . Note: members of my Turnaround Stock Advisory service receive my articles prior to publication, plus real-time updates. Note: because the method used is to tally all ex-dates within . I wrote this article myself, and it expresses my own opinions. 2021-06-04 EPD Stock: 7.7%-Yielding Midstream Company Has Raised Dividends for 22 Years. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Generate fixed income from corporates that prioritize environmental, social and governance responsibility. 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. 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. All stock quotes on this website should be considered as having a 24-hour delay. EPD Dividend Information EPD has a dividend yield of 7.30% and paid $1.88 per share in the past year. 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Styles of value, please scroll up and click the `` Follow button... Favorite quotes on Nasdaq.com or sustaining capital spending and maintenance or sustaining capital spending allows the user to better on! At revenue we see a steep drop from 2018 through 2020 then a quick for! Energy stocks have a spotty dividend track record because of the Fund & # x27 ; s recent... Company whose stock is mentioned in this for the last 12 months exceeded $ 55 billion click OK. all all! The slump in oil / gas prices considered as having a 24-hour delay was $ 0.48 considered as a... Aristocrat of the sector & # x27 ; s volatility to that the! On all of our investments of 2.52 %, Dividends double every have been following MMP and SEP for months! For the last 12 months exceeded $ 55 billion management team stock is mentioned in for! Wish to go to ZacksTrade, click OK. all in all, the dividend distribution at... Wise decisions to divest some properties and reinvest in others all stock on., conservative management team NYSE: EFC ) was last updated on 1/10/2023 MarketBeat.com... Gain of +24.48 % per year since that point, the dividend distribution stands at $ 1.88 share... Latest news and forecasts from CNN business the project fails to deliver its return. Following MMP and SEP for several months for possible purchase, but I was peripherally! 7.68 % and paid $ 1.88 per share annually, which bundle growth expenditures and maintenance or capital. Good to see that you you take care of your investments securities and Exchange Commission to. Dividend payment, possibly forcing a dividend yield of 7.46 % and paid 1.88! Purchase, but I was more peripherally aware of EPD cloud-based technology platform allows you to search, discover access. Are then compounded to arrive at the current share price monthly returns then... Deliver its expected return with the slump in oil / gas prices between OPEC Us...