GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enterprise Products Partners LP (NYSE:EPD) » Definitions » 3-Year Dividend Growth Rate

Enterprise Products Partners LP (Enterprise Products Partners LP) 3-Year Dividend Growth Rate

: 3.60% (As of Dec. 2023)
View and export this data going back to 1998. Start your Free Trial

Enterprise Products Partners LP's Dividends per Share for the three months ended in Dec. 2023 was $0.50.

The historical rank and industry rank for Enterprise Products Partners LP's 3-Year Dividend Growth Rate or its related term are showing as below:

EPD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.6   Med: 5.9   Max: 93.3
Current: 3.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Enterprise Products Partners LP was 93.30% per year. The lowest was 1.60% per year. And the median was 5.90% per year.

EPD's 3-Year Dividend Growth Rate is ranked worse than
70.16% of 305 companies
in the Oil & Gas industry
Industry Median: 14.5 vs EPD: 3.60

During the past 12 months, Enterprise Products Partners LP's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Enterprise Products Partners LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.69. As of today, Enterprise Products Partners LP's Dividend Yield % is 6.99%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Enterprise Products Partners LP is 0.79, which seems too high.

Warning Sign:

Enterprise Products Partners LP stock dividend yield is close to 3-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas Midstream subindustry, Enterprise Products Partners LP's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enterprise Products Partners LP 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Enterprise Products Partners LP's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Enterprise Products Partners LP's 3-Year Dividend Growth Rate falls into.



Enterprise Products Partners LP 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Enterprise Products Partners LP  (NYSE:EPD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Enterprise Products Partners LP's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.5/ 0.72
=0.69

During the past 13 years, the highest Dividend Payout Ratio of Enterprise Products Partners LP was 1.31. The lowest was 0.75. And the median was 0.93.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Enterprise Products Partners LP is 0.79, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Enterprise Products Partners LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5152024-01-302024-01-312024-02-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-10-302023-10-312023-11-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-07-282023-07-312023-08-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.4902023-04-272023-04-282023-05-12Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Enterprise Products Partners LP's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.005/28.84
=6.95 %

Current Share Price is $28.84.
Enterprise Products Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.005.

During the past 13 years, the highest Dividend Yield of Enterprise Products Partners LP was 12.59%. The lowest was 3.38%. And the median was 6.26%.

Warning Sign:

Enterprise Products Partners LP stock dividend yield is close to 3-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Enterprise Products Partners LP 3-Year Dividend Growth Rate Related Terms>


Enterprise Products Partners LP (Enterprise Products Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
1100 Louisiana Street, 10th Floor, Houston, TX, USA, 77002
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the Lower 48 states. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.
Executives
Aj Teague officer: Executive Vice President 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
John R Rutherford director 1100 LOUISIANA STREET, 10TH FLOOR, HOUSTON TX 77002
William C Montgomery director C/O APACHE CORPORATION, 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Rebecca G. Followill director 1100 LOUISIANA STREET, HOUSTON TX 77002
Carin Marcy Barth director
Randa Duncan Williams 10 percent owner 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Graham W. Bacon officer: Group Senior Vice President 1100 LOUISIANA STREET, HOUSTON TX 77002
Richard H Bachmann director, officer: Executive VP & CLO 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
W Randall Fowler director, officer: Sr. Vice President & Treasurer 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Robert D Sanders officer: EVP, Asset Optimization 1100 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Christian M. Nelly officer: EVP-Finance and Treasurer 1100 LOUISIANA STREET, HOUSTON TX 77002
Murray E Brasseux director 17 SOUTH BRIAR HOLLOW LANE, HOUSTON TX 77027
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Edwin E Smith director 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Brent B. Secrest officer: Senior Vice President 1100 LOUISIANA STREET, HOUSTON TX 77002

Enterprise Products Partners LP (Enterprise Products Partners LP) Headlines