EnLink Midstream Dividends and Buybacks
Dividend criteria checks 2/6
EnLink Midstream is a dividend paying company with a current yield of 3.73%.
Key information
3.7%
Dividend yield
3.9%
Buyback Yield
| Total Shareholder Yield | 7.6% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | 0.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.530 |
| Payout ratio | 240% |
Recent dividend and buyback updates
EnLink Midstream (NYSE:ENLC) Has Affirmed Its Dividend Of $0.1325
Oct 18
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
EnLink Midstream (NYSE:ENLC) Has Affirmed Its Dividend Of $0.1325
Oct 18We 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: Deleveraging Itself And Driving Value Expansion
Dec 02EnLink Midstream: Low Yield, But Some Growth In CCS Business
Sep 11EnLink Midstream: Riding The Wave Of LNG Export Growth
Jun 27EnLink: Buy The Dip
Feb 24EnLink Midstream GAAP EPS of $0.33 beats by $0.15, revenue of $2.05B misses by $1.34B
Feb 14Stability 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) | 3.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Oil and Gas) | 4.2% |
| Analyst forecast (ENLC) (up to 3 years) | 4.2% |
Notable Dividend: ENLC's dividend (3.73%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: ENLC's dividend (3.73%) is low compared to the top 25% of dividend payers in the US market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (240.4%), ENLC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.4%), ENLC's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 15:12 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
EnLink Midstream, LLC is covered by 28 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ethan Bellamy | Baird |
| Christine Cho | Barclays |
| Dennis Coleman | BofA Global Research |