EnLink Midstream LLC (EnLink Midstream LLC) Dividend Payout Ratio : 1.60 (As of Mar. 2024)

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What is EnLink Midstream LLC Dividend Payout Ratio?

EnLink Midstream LLC's dividend payout ratio for the months ended in Mar. 2024 was 1.60.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of EnLink Midstream LLC is 1.21, which seems too high.

The historical rank and industry rank for EnLink Midstream LLC's Dividend Payout Ratio or its related term are showing as below:

ENLC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 1.03 Max: 2.33
Current: 1.21

During the past 13 years, the highest Dividend Payout Ratio of EnLink Midstream LLC was 2.33. The lowest was 0.28. And the median was 1.03.

ENLC's Dividend Payout Ratio is ranked worse than
87.25% of 455 companies
in the Oil & Gas industry
Industry Median: 0.45 vs ENLC: 1.21

As of today (2024-05-13), the Dividend Yield % of EnLink Midstream LLC is 3.82%.

During the past 13 years, the highest Trailing Annual Dividend Yield of EnLink Midstream LLC was 114.27%. The lowest was 1.18%. And the median was 5.58%.

EnLink Midstream LLC's Dividends per Share for the months ended in Mar. 2024 was $0.13.

During the past 12 months, EnLink Midstream LLC's average Dividends Per Share Growth Rate was 9.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -17.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -5.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of EnLink Midstream LLC was 91.30% per year. The lowest was -57.50% per year. And the median was 3.20% per year.

The growth rate is calculated with least square regression.

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

EnLink Midstream LLC Dividend Payout Ratio Historical Data

The historical data trend for EnLink Midstream LLC'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.

EnLink Midstream LLC Dividend Payout Ratio Chart

EnLink Midstream LLC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

1.17

0.59

1.16

EnLink Midstream LLC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.30	1.29	0.92	1.19	1.60

Competitive Comparison of EnLink Midstream LLC's Dividend Payout Ratio

For the Oil & Gas Midstream subindustry, EnLink Midstream LLC'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.

EnLink Midstream LLC's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EnLink Midstream LLC's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where EnLink Midstream LLC's Dividend Payout Ratio falls into.

EnLink Midstream LLC Dividend Payout Ratio Calculation

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

EnLink Midstream LLC'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 )
	=	0.5	/	0.431
	=	1.16

EnLink Midstream LLC's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.133	/	0.083
	=	1.60

EnLink Midstream LLC (NYSE:ENLC) Dividend Payout Ratio 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.

EnLink Midstream LLC Dividend Payout Ratio Related Terms

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

EnLink Midstream LLC (EnLink Midstream LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EnLink Midstream LLC (NYSE:ENLC) » Definitions » Dividend Payout Ratio

Comparable Companies

DTM ETRN AM FRO STNG PAGP VNOM NS HESM INSW TSX:ENB EPD ET WMB OKE MPLX KMI TSX:TRP LNG TRGP

Traded in Other Exchanges

0E41:Germany

Address

1722 Routh Street, Suite 1300, Dallas, TX, USA, 75201

Website

https://www.enlink.com

EnLink Midstream LLC is an integrated midstream company. The company's operating segment includes Permian; North Texas; Oklahoma; Louisiana and Corporate. The company generates maximum revenue from the Louisiana segment. The Louisiana segment includes natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets.

Executives

Adam S Forman	officer: EVP and General Counsel	1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Dilanka Seimon	officer: EVP and CCO	1722 ROUTH STREET, DALLAS TX 75201
Alaina K Brooks	officer: SVP, General Counsel	2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
Jan Philipp Rossbach	officer: VP & Chief Accounting Officer	1722 ROUTH STREET, SUITE 1300, DALLAS TX 75201
Benjamin D Lamb	officer: SVP-Finance & Corporate Dev.	2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
Walter Pinto	officer: EVP and COO	1722 ROUTH STREET, DALLAS TX 75201
Kyle D Vann	director	11 HEPPLEWHITE WAY, THE WOODLANDS TX 77382
Jesse Arenivas	director, officer: Chief Executive Officer	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Benjamin M Daniel	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Tiffany Thom Cepak	director	C/O PATTERSON-UTI ENERGY, INC., 10713 WEST SAM HOUSTON PARKWAY NORTH, SU, HOUSTON TX 77064
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Wsip Egypt Holdings, Lp	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Richard P Schifter	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Scott E Telesz	director	39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Pablo G. Mercado,	officer: EVP and CFO	920 MEMORIAL CITY WAY, SUITE 800, HOUSTON TX 77024