EnLink Midstream Dividend
Dividend criteria checks 2/6
EnLink Midstream is a dividend paying company with a current yield of 3.63%. Next payment date is on 14th November, 2024 with an ex-dividend date of 1st November, 2024.
Key information
3.6%
Dividend yield
162%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | 14 Nov 24 |
Ex dividend date | 01 Nov 24 |
Dividend per share | US$0.530 |
Earnings per share | US$0.32 |
Dividend yield forecast | 4.1% |
Recent dividend updates
EnLink Midstream (NYSE:ENLC) Is Paying Out A Dividend Of $0.1325
Jul 27EnLink Midstream (NYSE:ENLC) Has Affirmed Its Dividend Of $0.1325
Apr 15EnLink Midstream (NYSE:ENLC) Is Increasing Its Dividend To $0.1325
Jan 22Recent updates
We Think EnLink Midstream (NYSE:ENLC) Is Taking Some Risk With Its Debt
Sep 28EnLink Midstream (NYSE:ENLC) Is Experiencing Growth In Returns On Capital
Sep 09EnLink Midstream (NYSE:ENLC) Is Paying Out A Dividend Of $0.1325
Jul 27There's Been No Shortage Of Growth Recently For EnLink Midstream's (NYSE:ENLC) Returns On Capital
Jun 05A Look At The Fair Value Of EnLink Midstream, LLC (NYSE:ENLC)
May 04EnLink Midstream: A Mixed Q1 Given A Mixed Asset Base
May 03Industry Analysts Just Upgraded Their EnLink Midstream, LLC (NYSE:ENLC) Revenue Forecasts By 13%
Apr 19EnLink Midstream (NYSE:ENLC) Has Affirmed Its Dividend Of $0.1325
Apr 15EnLink Midstream, LLC's (NYSE:ENLC) Earnings Haven't Escaped The Attention Of Investors
Mar 27Is EnLink Midstream (NYSE:ENLC) A Risky Investment?
Mar 12EnLink Midstream: Bullish Thesis Still Intact
Feb 26Newsflash: EnLink Midstream, LLC (NYSE:ENLC) Analysts Have Been Trimming Their Revenue Forecasts
Feb 26EnLink Midstream (NYSE:ENLC) Is Increasing Its Dividend To $0.1325
Jan 22Calculating The Intrinsic Value Of EnLink Midstream, LLC (NYSE:ENLC)
Jan 06EnLink Midstream, LLC's (NYSE:ENLC) Business Is Trailing The Market But Its Shares Aren't
Dec 22Do EnLink Midstream's (NYSE:ENLC) Earnings Warrant Your Attention?
Dec 07EnLink Midstream: Deleveraging Itself And Driving Value Expansion
Dec 02EnLink Midstream (NYSE:ENLC) Takes On Some Risk With Its Use Of Debt
Nov 06Is There An Opportunity With EnLink Midstream, LLC's (NYSE:ENLC) 43% Undervaluation?
Oct 05EnLink Midstream: Low Yield, But Some Growth In CCS Business
Sep 11What Does The Future Hold For EnLink Midstream, LLC (NYSE:ENLC)? These Analysts Have Been Cutting Their Estimates
Aug 12Does EnLink Midstream (NYSE:ENLC) Have A Healthy Balance Sheet?
Aug 06If EPS Growth Is Important To You, EnLink Midstream (NYSE:ENLC) Presents An Opportunity
Jul 21An Intrinsic Calculation For EnLink Midstream, LLC (NYSE:ENLC) Suggests It's 34% Undervalued
Jul 06EnLink Midstream: Riding The Wave Of LNG Export Growth
Jun 27Analysts Are More Bearish On EnLink Midstream, LLC (NYSE:ENLC) Than They Used To Be
May 07Does EnLink Midstream (NYSE:ENLC) Have A Healthy Balance Sheet?
Apr 25A Look At The Intrinsic Value Of EnLink Midstream, LLC (NYSE:ENLC)
Apr 07Do EnLink Midstream's (NYSE:ENLC) Earnings Warrant Your Attention?
Mar 17EnLink: Buy The Dip
Feb 24EnLink Midstream (NYSE:ENLC) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Feb 22EnLink Midstream GAAP EPS of $0.33 beats by $0.15, revenue of $2.05B misses by $1.34B
Feb 14Analysts Are Betting On EnLink Midstream, LLC (NYSE:ENLC) With A Big Upgrade This Week
Jan 25Does EnLink Midstream (NYSE:ENLC) Have A Healthy Balance Sheet?
Jan 22EnLink Midstream raises dividend by 11% to $0.125
Jan 19Calculating The Fair Value Of EnLink Midstream, LLC (NYSE:ENLC)
Dec 26EnLink Midstream: Set To Grow In 2023
Dec 13EnLink Midstream Q3 Earnings Preview
Oct 31Is EnLink Midstream (NYSE:ENLC) Using Too Much Debt?
Oct 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ENLC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ENLC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
EnLink Midstream Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ENLC) | 3.6% |
Market Bottom 25% (US) | 1.4% |
Market Top 25% (US) | 4.4% |
Industry Average (Oil and Gas) | 4.0% |
Analyst forecast (ENLC) (up to 3 years) | 4.1% |
Notable Dividend: ENLC's dividend (3.63%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: ENLC's dividend (3.63%) is low compared to the top 25% of dividend payers in the US market (4.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (161.9%), ENLC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.2%), ENLC's dividend payments are well covered by cash flows.