EnLink Midstream LLC (ENLC) Dividends
Dividend Yield and Dividend History Highlights
- If you care about predictable cash flow, note that ENLC reports less variability in its free cash flow than only 19.25% of the dividend stocks we're tracking.
- If price volatilty is something you're paying attention to when building your dividend portfolio, know that ENLC has less fluctuation in its price than merely 10.83% of stocks we're observing.
- Free cash flow for ENLC has a compound average growth rate of 191.76%, which is higher than 96.41% of stocks in our dividend set.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with ENLC's price: CL, AAON, RMAX, OFED and PXS.
ENLC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $14.71 | $11.85 | 27.72% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of ENLC, the dividend discount model StockNews created for the company implies a positive return of 27.72%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for EnLink Midstream LLC are:
- Compared to other US stocks that pay a dividend, EnLink Midstream LLC's dividend yield of 4.85% is in the top 15.01%.
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for ENLC than it is for just 10.48% of other equities in the Energy sector that also issue dividends.
- As other dividend issuers in the Energy sector, EnLink Midstream LLC has an equity discount rate lower than just 14.29% of them.
ENLC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-01 | Dividend | $0.13 | -- |
| 2024-08-02 | Dividend | $0.13 | -- |
| 2024-04-25 | Dividend | $0.13 | -- |
| 2024-01-26 | Dividend | $0.13 | +5.60% |
| 2023-10-26 | Dividend | $0.13 | -- |
| 2023-07-27 | Dividend | $0.13 | -- |
| 2023-04-27 | Dividend | $0.13 | -- |
| 2023-01-27 | Dividend | $0.13 | +11.61% |
| 2022-10-27 | Dividend | $0.11 | -- |
| 2022-07-28 | Dividend | $0.11 | -- |
| 2022-04-28 | Dividend | $0.11 | -- |
| 2022-01-28 | Dividend | $0.11 | +19.15% |
| 2021-10-29 | Dividend | $0.09 | -- |
| 2021-07-29 | Dividend | $0.09 | -- |
| 2021-04-29 | Dividend | $0.09 | -- |
| 2021-01-29 | Dividend | $0.09 | -- |
| 2020-10-29 | Dividend | $0.09 | -- |
| 2020-07-30 | Dividend | $0.09 | -- |
| 2020-04-30 | Dividend | $0.09 | -50.00% |
| 2020-01-30 | Dividend | $0.19 | -33.57% |
| 2019-10-25 | Dividend | $0.28 | -- |
| 2019-07-26 | Dividend | $0.28 | +1.43% |
| 2019-04-26 | Dividend | $0.28 | +1.45% |
| 2019-01-23 | Dividend | $0.28 | +1.48% |
| 2018-10-26 | Dividend | $0.27 | +1.50% |
| 2018-07-27 | Dividend | $0.27 | +1.52% |
| 2018-04-27 | Dividend | $0.26 | +1.54% |
| 2018-01-30 | Dividend | $0.26 | +1.57% |
| 2017-10-31 | Dividend | $0.26 | -- |
| 2017-07-28 | Dividend | $0.26 | -- |
| 2017-04-28 | Dividend | $0.26 | -- |
| 2017-01-27 | Dividend | $0.26 | -- |
| 2016-10-27 | Dividend | $0.26 | -- |
| 2016-07-28 | Dividend | $0.26 | -- |
| 2016-04-28 | Dividend | $0.26 | -- |
| 2016-01-28 | Dividend | $0.26 | -- |
| 2015-10-29 | Dividend | $0.26 | +2.00% |
| 2015-07-29 | Dividend | $0.25 | +2.04% |
| 2015-04-29 | Dividend | $0.25 | +4.26% |
| 2015-01-29 | Dividend | $0.24 | +2.17% |
| 2014-10-30 | Dividend | $0.23 | +4.55% |
| 2014-07-31 | Dividend | $0.22 | +22.22% |
| 2014-05-01 | Dividend | $0.18 | -- |
ENLC Dividends vs. Peers
ENLC's dividend yield currently ranks #53 of 81 vs. its peers in the MLPs - Oil & Gas category.
Looking for More Information on ENLC dividends?
Here are a few links from around the web to help you further your research on EnLink Midstream LLC and its dividends:EnLink Midstream LLC Common Stock (ENLC) Dividend History | Nasdaq
Dividend History for EnLink Midstream LLC (ENLC) - Dividend Investor
EnLink Midstream LLC (ENLC) Dividend History - Seeking Alpha