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EnLink Midstream LLC Stock Dividends Overview

ENLC pays dividends quarterly. Last paid amount was $0.133 at Feb 09, 2024. As of today, dividend yield (TTM) is 4.21%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.21%
Frequency Quarterly
1Y Growth 6.00%
Payout Ratio 0
Amount Per Share $0.133
Next Ex-Dividend Date Apr 25, 2024
Next Payment Date May 14, 2024

ENLC Dividend Payout History

To ensure a understanding of ENLC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 11, 2024 Apr 25, 2024 May 14, 2024 $0.133 1.03%
2 Jan 16, 2024 Jan 26, 2024 Feb 09, 2024 $0.133 1.12%
3 Oct 17, 2023 Oct 26, 2023 Nov 10, 2023 $0.125 1.02%
4 Jul 18, 2023 Jul 27, 2023 Aug 11, 2023 $0.125 1.04%
5 Apr 18, 2023 Apr 27, 2023 May 12, 2023 $0.125 1.42%
6 Jan 18, 2023 Jan 27, 2023 Feb 13, 2023 $0.125 0.99%
7 Oct 18, 2022 Oct 27, 2022 Nov 14, 2022 $0.113 0.93%
8 Jul 18, 2022 Jul 28, 2022 Aug 12, 2022 $0.113 1.14%
9 Apr 19, 2022 Apr 28, 2022 May 13, 2022 $0.113 1.11%
10 Jan 18, 2022 Jan 28, 2022 Feb 11, 2022 $0.113 1.26%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (54.98%)

Growth potential

Stable (5.62%)

ENLC Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from ENLC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in ENLC stock here.

Comparing ENLC to Sector and Country

ENLC pays a solid dividend yield of 4.21%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.45%). ENLC’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (12.05%), which means that there are more attractive dividend stocks to consider.

ENLC Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
EnLink Midstream LLC 5.837B $0.133 4.21% 117.91%

FAQ

What factors can affect the amount of ENLC's dividend payments?
The amount of ENLC's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in ENLC sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from ENLC stock be automatically reinvested?
If ENLC offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy ENLC stock.

How often does ENLC pay dividend?
EnLink Midstream LLC (ENLC) pays dividends quarterly. The most recent payout was on Feb 09, 2024. The upcoming dividend Ex Date is Apr 25, 2024, with an amount of $0.133.

How much does ENLC pays per share?
The last recorder (Jan 26, 2024) dividend per share was $0.133.

What is ENLC dividend growth rate?
Over the last year, EnLink Midstream LLC has witnessed growth rate of 6.00% . Looking back over the past 3 years, this growth rate has been 12.12%. Furthermore, examining the past 5 years, EnLink Midstream LLC has maintained an average Dividends Per Share Growth Rate of -14.08%.
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About EnLink Midstream LLC

EnLink Midstream LLC 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 dispo... ENLC Profile

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