EnLink Midstream Dividend
Dividend criteria checks 2/6
EnLink Midstream is a dividend paying company with a current yield of 3.62%.
Key information
3.6%
Dividend yield
162%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.530 |
| Earnings per share | €0.32 |
| Dividend yield forecast | 4.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0E41's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0E41's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| EnLink Midstream Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0E41) | 3.6% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Oil and Gas) | 2.5% |
| Analyst forecast (0E41) (up to 3 years) | 4.2% |
Notable Dividend: 0E41's dividend (3.62%) is higher than the bottom 25% of dividend payers in the German market (1.56%).
High Dividend: 0E41's dividend (3.62%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (161.9%), 0E41'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%), 0E41's dividend payments are well covered by cash flows.