Enterprise Products Partners hikes dividend by 0.9%
The increase extends Enterprise Products Partners’ distribution growth streak to 28 consecutive years. The partnership implemented two distribution increases in the prior year. Over the past five years, the distribution has grown at a compound annual rate of 4.1%. Based on a unit price of $32, the distribution corresponds to a yield of approximately 5.9%. The ex-dividend date is January 30, 2026.
At the current rate, Enterprise Products Partners pays an annual distribution of approximately $4.8 billion.
Enterprise Products Partners operates a large midstream energy network, providing transportation, storage, processing, and export services for natural gas, NGLs, crude oil, petrochemicals, and refined products. More information is available on the website of Enterprise Products Partners.
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