EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services. Its midstream energy asset network includes approximately 12,100 miles of pipelines; 22 natural gas processing plants;7 fractionators with approximately 320,000 barrels per day; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.
EnLink Midstream Dividend Announcement
• EnLink Midstream announced a quarterly dividend of $0.13 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-11-01
• EnLink Midstream annual dividend for 2024 was $0.53
• EnLink Midstream annual dividend for 2023 was $0.50
• EnLink Midstream's trailing twelve-month (TTM) dividend yield is 3.58%
• EnLink Midstream's payout ratio for the trailing twelve months (TTM) is 184.63%
• EnLink Midstream's dividend growth over the last five years (2018-2023) was -13.95% year
• EnLink Midstream's dividend growth over the last ten years (2013-2023) was 0.20% year
EnLink Midstream Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-01 | $0.13 | quarterly | 2024-11-14 |
2024-08-02 | $0.13 | quarterly | 2024-08-14 |
2024-04-25 | $0.13 | quarterly | 2024-05-14 |
2024-01-26 | $0.13 | quarterly | 2024-02-09 |
2023-10-26 | $0.12 | quarterly | 2023-11-10 |
2023-07-27 | $0.12 | quarterly | 2023-08-11 |
2023-04-27 | $0.12 | quarterly | 2023-05-12 |
2023-01-27 | $0.12 | quarterly | 2023-02-13 |
2022-10-27 | $0.11 | quarterly | 2022-11-14 |
2022-07-28 | $0.11 | quarterly | 2022-08-12 |
2022-04-28 | $0.11 | quarterly | 2022-05-13 |
2022-01-28 | $0.11 | quarterly | 2022-02-11 |
2021-10-29 | $0.09 | quarterly | 2021-11-12 |
2021-07-29 | $0.09 | quarterly | 2021-08-13 |
2021-04-29 | $0.09 | quarterly | 2021-05-14 |
2021-01-29 | $0.09 | quarterly | 2021-02-12 |
2020-10-29 | $0.09 | quarterly | 2020-11-13 |
2020-07-30 | $0.09 | quarterly | 2020-08-13 |
2020-04-30 | $0.09 | quarterly | 2020-05-13 |
2020-01-30 | $0.19 | quarterly | 2020-02-13 |
2019-10-25 | $0.28 | quarterly | 2019-11-13 |
2019-07-26 | $0.28 | quarterly | 2019-08-13 |
2019-04-26 | $0.28 | quarterly | 2019-05-14 |
2019-01-23 | $0.28 | quarterly | 2019-02-14 |
2018-10-26 | $0.27 | quarterly | 2018-11-14 |
2018-07-27 | $0.27 | quarterly | 2018-08-14 |
2018-04-27 | $0.26 | quarterly | 2018-05-15 |
2018-01-30 | $0.26 | quarterly | 2018-02-14 |
2017-10-31 | $0.26 | quarterly | 2017-11-14 |
2017-07-28 | $0.26 | quarterly | 2017-08-14 |
2017-04-28 | $0.26 | quarterly | 2017-05-15 |
2017-01-27 | $0.26 | quarterly | 2017-02-14 |
2016-10-27 | $0.26 | quarterly | 2016-11-14 |
2016-07-28 | $0.26 | quarterly | 2016-08-12 |
2016-04-28 | $0.26 | quarterly | 2016-05-13 |
2016-01-28 | $0.26 | quarterly | 2016-02-12 |
2015-10-29 | $0.26 | quarterly | 2015-11-13 |
2015-07-29 | $0.25 | quarterly | 2015-08-14 |
2015-04-29 | $0.24 | quarterly | 2015-05-15 |
2015-01-29 | $0.23 | quarterly | 2015-02-13 |
2014-10-30 | $0.23 | quarterly | 2014-11-14 |
2014-07-31 | $0.22 | quarterly | 2014-08-14 |
2014-05-01 | $0.18 | quarterly | 2014-05-15 |
2014-01-28 | $0.15 | quarterly | 2014-02-14 |
2013-10-28 | $0.13 | quarterly | |
2013-07-26 | $0.12 | quarterly | |
2013-04-26 | $0.12 | quarterly | |
2013-01-30 | $0.12 | quarterly |
EnLink Midstream Dividend per year
EnLink Midstream Dividend growth
EnLink Midstream Dividend Yield
EnLink Midstream current trailing twelve-month (TTM) dividend yield is 3.58%. Interested in purchasing EnLink Midstream stock? Use our calculator to estimate your expected dividend yield:
EnLink Midstream Financial Ratios
EnLink Midstream Dividend FAQ
Other factors to consider when evaluating EnLink Midstream as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: EnLink Midstream's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, EnLink Midstream publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, EnLink Midstream distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from EnLink Midstream are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: EnLink Midstream sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, EnLink Midstream distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: EnLink Midstream declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of EnLink Midstream's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review EnLink Midstream's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.