Overview
- Enterprise Products declared a $0.55 per share dividend payable May 14 to investors of record on April 30.
- The payout yields about 5.8% to 5.91%, and the partnership has raised its distribution for 27 straight years.
- The company runs a fee-based network of pipelines, storage and NGL facilities, so revenue tracks volumes moved rather than commodity prices.
- In 2025 it covered the distribution about 1.7 times, and coverage stayed at or above that level for five years.
- Analysts raised price targets to $44 at Mizuho (Outperform) and to $42 at Morgan Stanley (Underweight), while guidance calls for modest 2026 growth and roughly 10% growth in 2027 as new projects start.