Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services. It operates 19 natural gas processing facilities located in Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming; NGL pipelines; NGL fractionation facilities; NGL and related product storage facilities; and NGL marine terminals. The Crude Oil Pipelines & Services segment operates crude oil pipelines; and crude oil storage and marine terminals, which include a fleet of 255 tractor-trailer tank trucks that are used to transport crude oil. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates natural gas pipeline systems to gather, treat, and transport natural gas. It leases underground salt dome natural gas storage facilities in Napoleonville, Louisiana; owns an underground salt dome storage cavern in Wharton County, Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation and related marketing activities; butane isomerization complex and related deisobutanizer operations; and octane enhancement and high purity isobutylene production facilities. It also operates refined products pipelines and terminals; and ethylene export terminals, as well as provides refined products marketing and marine transportation services. The company was founded in 1968 and is headquartered in Houston, Texas.
Enterprise Products Partners Dividend Announcement
• Enterprise Products Partners announced a quarterly dividend of $0.53 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-10-31
• Enterprise Products Partners annual dividend for 2024 was $2.08
• Enterprise Products Partners annual dividend for 2023 was $1.98
• Enterprise Products Partners's trailing twelve-month (TTM) dividend yield is 8.52%
• Enterprise Products Partners's payout ratio for the trailing twelve months (TTM) is 94.99%
• Enterprise Products Partners's dividend growth over the last five years (2018-2023) was 2.92% year
• Enterprise Products Partners's dividend growth over the last ten years (2013-2023) was -3.05% year
Enterprise Products Partners Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | $0.53 | quarterly | 2024-11-14 |
2024-07-31 | $0.53 | quarterly | 2024-08-14 |
2024-04-29 | $0.52 | quarterly | 2024-05-14 |
2024-01-30 | $0.52 | quarterly | 2024-02-14 |
2023-10-30 | $0.50 | quarterly | 2023-11-14 |
2023-07-28 | $0.50 | quarterly | 2023-08-14 |
2023-04-27 | $0.49 | quarterly | 2023-05-12 |
2023-01-30 | $0.49 | quarterly | 2023-02-14 |
2022-10-28 | $0.47 | quarterly | 2022-11-14 |
2022-07-28 | $0.47 | quarterly | 2022-08-12 |
2022-04-28 | $0.47 | quarterly | 2022-05-12 |
2022-01-28 | $0.47 | quarterly | 2022-02-11 |
2021-10-28 | $0.45 | quarterly | 2021-11-12 |
2021-07-29 | $0.45 | quarterly | 2021-08-12 |
2021-04-29 | $0.45 | quarterly | 2021-05-12 |
2021-01-28 | $0.45 | quarterly | 2021-02-11 |
2020-10-29 | $0.45 | quarterly | 2020-11-12 |
2020-07-30 | $0.45 | quarterly | 2020-08-12 |
2020-04-29 | $0.45 | quarterly | 2020-05-12 |
2020-01-30 | $0.45 | quarterly | 2020-02-12 |
2019-10-30 | $0.44 | quarterly | 2019-11-12 |
2019-07-30 | $0.44 | quarterly | 2019-08-13 |
2019-04-29 | $0.44 | quarterly | 2019-05-13 |
2019-01-30 | $0.43 | quarterly | 2019-02-08 |
2018-10-30 | $0.43 | quarterly | 2018-11-08 |
2018-07-30 | $0.43 | quarterly | 2018-08-08 |
2018-04-27 | $0.43 | quarterly | 2018-05-08 |
2018-01-30 | $0.42 | quarterly | 2018-02-07 |
2017-10-30 | $0.42 | quarterly | 2017-11-07 |
2017-07-27 | $0.42 | quarterly | 2017-08-07 |
2017-04-26 | $0.41 | quarterly | 2017-05-08 |
2017-01-27 | $0.41 | quarterly | 2017-02-07 |
2016-10-27 | $0.41 | quarterly | 2016-11-07 |
2016-07-27 | $0.40 | quarterly | 2016-08-05 |
2016-04-27 | $0.40 | quarterly | 2016-05-06 |
2016-01-27 | $0.39 | quarterly | 2016-02-05 |
2015-10-28 | $0.39 | quarterly | 2015-11-06 |
2015-07-29 | $0.38 | quarterly | 2015-08-07 |
2015-04-28 | $0.38 | quarterly | 2015-05-07 |
2015-01-28 | $0.37 | quarterly | 2015-02-06 |
2014-10-29 | $0.36 | quarterly | 2014-11-07 |
2014-07-29 | $0.72 | quarterly | 2014-08-07 |
2014-04-28 | $0.71 | quarterly | 2014-05-07 |
2014-01-29 | $0.70 | quarterly | 2014-02-07 |
2013-10-29 | $0.69 | quarterly | 2013-11-07 |
2013-07-29 | $0.68 | quarterly | 2013-08-07 |
2013-04-26 | $0.67 | quarterly | 2013-05-07 |
2013-01-29 | $0.66 | quarterly | 2013-02-07 |
Enterprise Products Partners Dividend per year
Enterprise Products Partners Dividend growth
Enterprise Products Partners Dividend Yield
Enterprise Products Partners current trailing twelve-month (TTM) dividend yield is 8.52%. Interested in purchasing Enterprise Products Partners stock? Use our calculator to estimate your expected dividend yield:
Enterprise Products Partners Financial Ratios
Enterprise Products Partners Dividend FAQ
Other factors to consider when evaluating Enterprise Products Partners 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: Enterprise Products Partners'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, Enterprise Products Partners 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, Enterprise Products Partners 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 Enterprise Products Partners 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: Enterprise Products Partners 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, Enterprise Products Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Enterprise Products Partners 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 Enterprise Products Partners'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 Enterprise Products Partners'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.