Enterprise Products Partners Maintains Strong Cash Flow Despite Slowing Dividend Growth Rate
EPD Enterprise Products Partners L P
$37.03 +1.12%
View chart & analysis → - 1Enterprise Products Partners recorded a dividend growth rate of 2.7% this year.
- 2Third-quarter distributable cash flow (DCF) rose 27% year-over-year to $2.3 billion.
- 3The dividend coverage ratio improved from 1.5x in the same period last year to 1.9x.
So what's the key point?
The rate at which Enterprise Products Partners increases its dividends has slowed slightly. However, cash flow increased to $2.3 billion, improving the ability to pay dividends.
Source Seeking Alpha +2 · View original ↗
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