EnLink Midstream LLC's last quarterly dividend was on Jan 27, 2023 (ex-date) with a distribution of $0.125 per share. On an annualized basis, the company has a current payout of $0.46 per share. This brings the dividend yield to 3.67% based on its recent close price. The latest dividend marks an increase of $0.01, or 11% from the previous dividend.
EnLink Midstream LLC's dividend yield of 3.67% is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 3.97%, EnLink Midstream LLC's dividend yield is 8% lower. Historically ENLC's dividend yield has averaged at 10.5% 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 17% since one year ago. But with the stock price up by 51% from a year ago, the dividend yield marks a decrease of 22%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 85.7% is above the Energy sector average but below the industry average. Compared to its Energy sector average of 41.6%, EnLink Midstream LLC's payout ratio is 106% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NS NuStar Energy LP | 9.48% | $1.6 | 432.4% |
| MMP Magellan Midstream Partners LP | 7.61% | $4.16 | 80.3% |
| ENLC EnLink Midstream LLC | 3.67% | $0.46 | 85.7% |
Yes, EnLink Midstream LLC has been paying dividends for the last 18 years.
Currently ENLC's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in April 2023.
EnLink Midstream LLC's last dividend ex-date was on Jan 27, 2023. The dividend amount was $0.125 per share.
ENLC's annualized dividend per share is $0.46.
EnLink Midstream LLC's current dividend yield is 3.67%.
EnLink Midstream LLC pays dividends quarterly.
EnLink Midstream LLC's dividend payout ratio is 85.7%.
EnLink Midstream LLC's dividend yield is lower than the Energy sector average.