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GuruFocus has detected 6 Warning Signs with NGL Energy Partners LP $NGL.
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NGL Energy Partners LP (NYSE:NGL)
Dividend Payout Ratio
3.00 (As of Mar. 2017)

NGL Energy Partners LP's dividend payout ratio for the three months ended in Mar. 2017 was 3.00.

Warning Sign:

If a company dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NGL Energy Partners LP is 1.64, which seems too high.

NGL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.64   Max: 3.95
Current: 1.64

1.64
3.95

During the past 9 years, the highest Dividend Payout Ratio of NGL Energy Partners LP was 3.95. The lowest was 1.64. And the median was 1.97.

NGL's Dividend Payout Ratio is ranked higher than
54% of the 132 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 0.43 vs. NGL: 1.64 )

As of Today, the Trailing Annual Dividend Yield of NGL Energy Partners LP is 12.74%.

Good Sign:

NGL Energy Partners LP stock dividend yield is close to 1-year high.

During the past 9 years, the highest Trailing Annual Dividend Yield of NGL Energy Partners LP was 38.77%. The lowest was 0.75%. And the median was 6.43%.

NGL Energy Partners LP's Dividends Per Share for the three months ended in Mar. 2017 was $0.39.

During the past 12 months, NGL Energy Partners LP's average Dividends Per Share Growth Rate was -38.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -8.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.30% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of NGL Energy Partners LP was 39.70% per year. The lowest was 0.00% per year. And the median was -4.10% per year.

The growth rate is calculated with least square regression.

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


Definition

Dividend payout ratio measures the percentage of the company’s earnings paid out as dividends.

NGL Energy Partners LP's Dividend Payout Ratio for the fiscal year that ended in Mar. 2017 is calculated as

Dividend Payout Ratio=Dividends Per Share (A: Mar. 2017 )/EPS without NRI (A: Mar. 2017 )
=1.56/0.95
=1.64

NGL Energy Partners LP's Dividend Payout Ratio for the quarter that ended in Mar. 2017 is calculated as

Dividend Payout Ratio=Dividends Per Share (Q: Mar. 2017 )/EPS without NRI (Q: Mar. 2017 )
=0.39/0.13
=3.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

In dividends investing, 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.


Related Terms

EPS without NRI, Net Income, Dividends Per Share, Earnings per Share, Dividend Yield, 3-Year Dividends Growth Rate, 5-Year Dividends Growth Rate


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

NGL Energy Partners LP Annual Data

Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16Mar17
payout 0.000.000.000.002.191.763.950.000.001.64

NGL Energy Partners LP Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
payout 0.000.550.000.002.910.000.280.000.003.00
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