EPD (Enterprise Products Partners LP) Dividend Payout Ratio : 0.81 (As of Sep. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Enterprise Products Partners LP Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Enterprise Products Partners LP's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.81.

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 0.77, which seems too high.

The historical rank and industry rank for Enterprise Products Partners LP's Dividend Payout Ratio or its related term are showing as below:

EPD' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.75 Med: 0.93 Max: 1.31
Current: 0.77

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.

EPD's Dividend Payout Ratio is ranked worse than
64.56% of 443 companies
in the Oil & Gas industry
Industry Median: 0.52 vs EPD: 0.77

As of today (2024-12-15), the Dividend Yield % of Enterprise Products Partners LP is 6.46%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Enterprise Products Partners LP was 12.59%. The lowest was 3.88%. And the median was 6.65%.

Enterprise Products Partners LP's Dividends per Share for the months ended in Sep. 2024 was $0.53.

During the past 12 months, Enterprise Products Partners LP's average Dividends Per Share Growth Rate was 5.10% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Enterprise Products Partners LP Dividend Payout Ratio Historical Data

The historical data trend for Enterprise Products Partners LP's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Enterprise Products Partners LP Dividend Payout Ratio Chart

Enterprise Products Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.82

1.04

0.86

0.75

0.79

Enterprise Products Partners LP Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.83	0.69	0.78	0.81	0.81

Competitive Comparison of Enterprise Products Partners LP's Dividend Payout Ratio

For the Oil & Gas Midstream subindustry, Enterprise Products Partners LP's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enterprise Products Partners LP's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Enterprise Products Partners LP's Dividend Payout Ratio falls into.

Enterprise Products Partners LP Dividend Payout Ratio Calculation

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.98	/	2.52
	=	0.79

Enterprise Products Partners LP's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.525	/	0.65
	=	0.81

Enterprise Products Partners LP (NYSE:EPD) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Enterprise Products Partners LP Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Enterprise Products Partners LP's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Enterprise Products Partners LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enterprise Products Partners LP (NYSE:EPD) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

0S23:UK

Address

1100 Louisiana Street, 10th Floor, Houston, TX, USA, 77002

Website

https://www.enterpriseproducts.com

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