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Enterprise Products Partners Offers 6% Dividend Yield

Nasdaq +1 ·

EPD Enterprise Products Partners L P
$36.91 -0.94%
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  1. 1Enterprise Products Partners offers a 6% dividend yield.
  2. 2Enterprise Products Partners declared a cash dividend of $0.56 per unit for July.
  3. 3Enterprise recorded a dividend coverage ratio of 1.9x in the second quarter.

So what's the key point?

Enterprise Products Partners decided to pay a dividend of $0.56 per share. This means the dividend is much lower than the money earned, which indicates the company can distribute money stably.

Source Nasdaq +1 · View original ↗

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