EnLink Midstream LLC's last quarterly dividend was on Jan 26, 2024 (ex-date) with a distribution of $0.133 per share. On an annualized basis, the company has a current payout of $0.51 per share. This brings the dividend yield to 3.73% based on its recent close price. The latest dividend marks an increase of $0.01, or 6% from the previous dividend.
EnLink Midstream LLC's dividend yield of 3.73% is higher than the Energy sector average but lower than the industry average. But in comparison with the Energy sector average of 3.71%, EnLink Midstream LLC's dividend yield is only 0.5% higher. Historically ENLC's dividend yield has averaged at 9.8% in the last 5 years, which is higher than the current one.
EnLink Midstream LLC has been paying dividends since 2004. ENLC has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 10% since one year ago. But with the stock price up by 34% from a year ago, the dividend yield marks a decrease of 18%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 26, 2024 | Feb 9, 2024 | Jan 16, 2024 | $0.133 | normal |
| Oct 26, 2023 | Nov 10, 2023 | Oct 17, 2023 | $0.125 | normal |
| Jul 27, 2023 | Aug 11, 2023 | Jul 18, 2023 | $0.125 | normal |
| Apr 27, 2023 | May 12, 2023 | Apr 18, 2023 | $0.125 | normal |
| Jan 27, 2023 | Feb 13, 2023 | Jan 18, 2023 | $0.125 | normal |
| Oct 27, 2022 | Nov 14, 2022 | Oct 18, 2022 | $0.113 | normal |
| Jul 28, 2022 | Aug 12, 2022 | Jul 18, 2022 | $0.113 | normal |
| Apr 28, 2022 | May 13, 2022 | Apr 19, 2022 | $0.113 | normal |
| Jan 28, 2022 | Feb 11, 2022 | Jan 18, 2022 | $0.113 | normal |
| Oct 29, 2021 | Nov 12, 2021 | Oct 19, 2021 | $0.094 | normal |
| Jul 29, 2021 | Aug 13, 2021 | Jul 19, 2021 | $0.094 | normal |
| Apr 29, 2021 | May 14, 2021 | Apr 19, 2021 | $0.094 | normal |
| Jan 29, 2021 | Feb 12, 2021 | Jan 19, 2021 | $0.094 | normal |
| Oct 29, 2020 | Nov 13, 2020 | Oct 19, 2020 | $0.094 | normal |
| Jul 30, 2020 | Aug 13, 2020 | Jul 20, 2020 | $0.094 | normal |
| Apr 30, 2020 | May 13, 2020 | Apr 20, 2020 | $0.094 | normal |
| Jan 30, 2020 | Feb 13, 2020 | Jan 15, 2020 | $0.188 | normal |
| Oct 25, 2019 | Nov 13, 2019 | Oct 15, 2019 | $0.283 | normal |
| Jul 26, 2019 | Aug 13, 2019 | Jul 18, 2019 | $0.283 | normal |
| Jan 23, 2019 | Feb 14, 2019 | Jan 14, 2019 | $0.275 | normal |
| Oct 26, 2018 | Nov 14, 2018 | Oct 18, 2018 | $0.271 | normal |
| Jul 27, 2018 | Aug 14, 2018 | Jul 18, 2018 | $0.267 | normal |
| Apr 27, 2018 | May 15, 2018 | Apr 19, 2018 | $0.263 | normal |
| Jan 30, 2018 | Feb 14, 2018 | Jan 18, 2018 | $0.259 | normal |
| Oct 31, 2017 | Nov 14, 2017 | Oct 20, 2017 | $0.255 | normal |
| Jul 28, 2017 | Aug 14, 2017 | Jul 20, 2017 | $0.255 | normal |
| Apr 28, 2017 | May 15, 2017 | Apr 21, 2017 | $0.255 | normal |
| Jan 27, 2017 | Feb 14, 2017 | Jan 19, 2017 | $0.255 | normal |
| Oct 27, 2016 | Nov 14, 2016 | Oct 20, 2016 | $0.255 | normal |
| Jul 28, 2016 | Aug 11, 2016 | Jul 20, 2016 | $0.255 | normal |
| Apr 28, 2016 | May 13, 2016 | Apr 21, 2016 | $0.255 | normal |
| Jan 28, 2016 | Feb 12, 2016 | Jan 21, 2016 | $0.255 | normal |
EnLink Midstream LLC's payout ratio of 112.9% is above the Energy sector and the industry average. Compared to its Energy sector average of 44.6%, EnLink Midstream LLC's payout ratio is 153% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NS NuStar Energy LP | 7.1% | $1.6 | 222.2% |
| ENLC EnLink Midstream LLC | 3.69% | $0.51 | 112.9% |
Yes, EnLink Midstream LLC has been paying dividends for the last 20 years.
ENLC's next dividend is scheduled on Apr 25, 2024 (ex-date).
EnLink Midstream LLC's last dividend ex-date was on Jan 26, 2024. The dividend amount was $0.133 per share.
ENLC's annualized dividend per share is $0.51.
EnLink Midstream LLC's current dividend yield is 3.73%.
EnLink Midstream LLC pays dividends quarterly.
EnLink Midstream LLC's dividend payout ratio is 112.9%.
EnLink Midstream LLC's dividend yield is in line with the Energy sector average.