Home Markets Dividend Growth of Enterprise Products Partners L.P.(EPD)

Dividend Growth of Enterprise Products Partners L.P.(EPD)


Enterprise Products Partners L.P.(EPD) is having a Dividend Yield of 5.67% with the Annual cash Dividend per share of $1.59. The last quarter cash dividend per share pay out was $0.41. Enterprise Products Partners L.P. has a 5 year average dividend yield of 4.89% and the stock has a Indicated annual dividend of $1.64. Enterprise Products Partners L.P.(EPD) formally announced its most recent dividend on January 6, 2017 with a Dividend per share of $0.41. The new indicated annual dividend based on announced dividend per share is $1.64. The dividend yield based on the forward looking indicated annual dividend is 5.67%. Enterprise Products Partners L.P.(EPD) has the most recent dividend payout ratio of 1.34 with a 5-year average payout ratio of 1.07. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.27. The 5 year historical dividend growth of Enterprise Products Partners L.P.(EPD) is at the rate of 5.84% while the R-Squared dividend growth is 1. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Enterprise Products Partners L.P. (NYSE:EPD) witnessed a decline in the market cap on Thursday as its shares dropped 0.24% or 0.07 points. After the session commenced at $29, the stock reached the higher end at $29.09 while it hit a low of $28.81. With the volume soaring to 3,602,797 shares, the last trade was called at $28.87. The company has a 52-week high of $30.25. The company has a market cap of $60,748 million and there are 2,104,197,400 shares in outstanding. The 52-week low of the share price is $20.86. Shares of Enterprise Products Partners L.P. rose by 1.4% in the last five trading days and 4.3% for the last 4 weeks. Enterprise Products Partners L.P. is up 12.82% in the last 3-month period. Year-to-Date the stock performance stands at 6.77%.

Currently the company Insiders own 37.5% of Enterprise Products Partners L.P. shares according to the proxy statements. Institutional Investors own 36.31% of Enterprise Products Partners L.P. shares. During last six month period, the net percent change held by insiders has seen a change of 43.83%. Company has reported several Insider transactions to the SEC, on Feb 6, 2017, James T Hackett (director) purchased 33,000 shares at 28.65 per share price.On Nov 16, 2016, Carin Marcy Barth (director) purchased 4,000 shares at 25.27 per share price.On Mar 9, 2016, Randa Duncan Williams (director 10% owner) purchased 10,000 shares at 24.00 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Barclays on Jan 31, 2017 to Overweight, Raises Price Target to $ 33 from a previous price target of $31 .

Enterprise Products Partners L.P. Last issued its quarterly earnings results on Jan 30, 2017. The company reported $0.31 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.32. The company had revenue of $6478.80 million for the quarter, compared to analysts expectations of $5992.03 million. The companys revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS.

Enterprise Products Partners L.P. is a leading integrated provider of processing and transportation services to producers of Natural Gas Liquids (NGLs) and consumers of NGL products. The Company fractionates for a processing fee mixed NGLs produced as by-products of oil and natural gas production into their component products: ethane, propane, isobutane, normal butane and natural gasoline; converts normal butane to isobutane through the process of isomerization; produces MTBE from isobutane and methanol; and transports NGL products to end users by pipeline and railcar.



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