Back to ENLC overview

ENLC EnLink Midstream LLC dividend history, payout ratio & dates

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.

Key dates

  • ENLC last dividend date: Jan 27, 2023
  • ENLC next dividend date: Not announced
ENLC dividend stats
DPS
$0.46
Dividend yield
3.67%
Payout ratio
85.7%
vs. Energy sector
Dividend yield
3.97%
Payout ratio
41.6%

Dividend yield

What is EnLink Midstream LLC current dividend yield

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.

Dividend history

What is ENLC dividend payout history and dates

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%.

Recent dividends

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 dividend payout ratio

What is EnLink Midstream LLC dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

ENLC dividend vs peer dividends

How does ENLC dividend compare to its peers' dividends
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%

Frequently asked questions

Does EnLink Midstream LLC pay a dividend?

Yes, EnLink Midstream LLC has been paying dividends for the last 18 years.

When is EnLink Midstream LLC's next dividend?

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.

When was ENLC's last dividend?

EnLink Midstream LLC's last dividend ex-date was on Jan 27, 2023. The dividend amount was $0.125 per share.

How much dividend does EnLink Midstream LLC pay (per share)?

ENLC's annualized dividend per share is $0.46.

What is EnLink Midstream LLC's dividend yield?

EnLink Midstream LLC's current dividend yield is 3.67%.

How often does EnLink Midstream LLC pay dividends?

EnLink Midstream LLC pays dividends quarterly.

What is EnLink Midstream LLC's dividend payout ratio?

EnLink Midstream LLC's dividend payout ratio is 85.7%.

Does EnLink Midstream LLC pay a good dividend?

EnLink Midstream LLC's dividend yield is lower than the Energy sector average.