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EnLink Midstream (ENLC) Dividend Yield, Date & History

EnLink Midstream logo
$14.09 +0.31 (+2.25%)
(As of 12/20/2024 05:31 PM ET)

EnLink Midstream Dividend Summary

Dividend Yield
3.76%
Annual Dividend
$0.53
Recent
Dividend Payment
Nov. 14
Annualized 3-Year
Dividend Growth
2.17%
Dividend Payout Ratio
252.38%

EnLink Midstream (ENLC) pays an annual dividend of $0.53 per share, with a dividend yield of 3.76%. The next quarterly payment of $0.1325 per share was paid on Thursday, November 14, to investors who owned the stock before the ex-dividend date of Friday, November 1. The company currently pays out 252.38% of its earnings and 28.06% of its cash flow as dividends.

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ENLC Dividend Payments by Quarter

The chart below displays up to four years of EnLink Midstream's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

ENLC Dividend Yield Over Time

The chart below tracks EnLink Midstream's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

EnLink Midstream vs. The Competition

Compare EnLink Midstream's annual dividend, yield, and 3-year growth rate with averages for Energy and NYSE companies to evaluate its performance against the market.

TypeEnLink MidstreamEnergy CompaniesNYSE Companies
Annual Dividend$0.53$0.00$1.39
Dividend Yield3.76%11.73%3.61%
Annualized 3-Year Dividend Growth2.17%25.09%15.78%

EnLink Midstream Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings252.38%
Based on This Year's Estimate103.92%
Based on Next Year's Estimate82.81%
Based on Cashflow28.06%

EnLink Midstream Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/14/2024Quarterly$0.1325 - 3.63%11/1/202411/1/202411/14/2024
7/23/2024Quarterly$0.1325+$0.0005
0.38%
3.85%8/2/20248/2/20248/14/2024
4/11/2024Quarterly$0.1320-$0.0005
0.38%
3.89%4/25/20244/26/20245/14/2024
1/16/2024Quarterly$0.1325+$0.0075
6.00%
4.42%1/26/20241/29/20242/9/2024
10/17/2023Quarterly$0.1250 - 3.94%10/26/202310/27/202311/10/2023
7/18/2023Quarterly$0.1250 - 4.44%7/27/20237/28/20238/11/2023
4/18/2023Quarterly$0.1250 - 4.88%4/27/20234/28/20235/12/2023
1/18/2023Quarterly$0.1250+$0.0125
11.11%
3.85%1/27/20231/30/20232/13/2023

This table shows EnLink Midstream's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

EnLink Midstream Dividend - Frequently Asked Questions

The current dividend yield for EnLink Midstream is 3.76%. Learn more on ENLC's dividend yield history.

The annual dividend for ENLC shares is $0.53. Learn more on ENLC's annual dividend history.

EnLink Midstream pays quarterly dividends to shareholders.

EnLink Midstream's most recent quarterly dividend payment of $0.1325 per share was made to shareholders on Thursday, November 14, 2024.

EnLink Midstream's most recent ex-dividend date was Friday, November 1, 2024.

Over the past three years, the company's dividend has grown by an average of 2.17% per year.

The most recent change in the company's dividend was an increase of $0.0005 on Tuesday, July 23, 2024.

The dividend payout ratio for ENLC is:
  • 252.38% based on the trailing year of earnings
  • 103.92% based on this year's estimates
  • 82.81% based on next year's estimates
  • 28.06% based on cash flow

EnLink Midstream's dividend yield of 3.70% is lower than the average Oils/Energy company that issues a dividend. EnLink Midstream's dividend payout ratio of 252.38% may not be sustainable.

Looking at the stock as a whole, market analysts rate EnLink Midstream stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:ENLC) was last updated on 12/21/2024 by MarketBeat.com Staff
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