No credit card required. Get access to all of the retirement secrets and income strategies from our experts! All of which means Enterprise should manage to keep paying unitholders. Highly leveraged names, such as Plains All American Pipeline, L.P. (NYSE:PAA), CNX Midstream Partners LP (NYSE:CNXM), and Western Midstream Partners LP (NYSE:WES), have all lowered their payouts in a bid to conserve cash. Your free report will be delivered to your inbox. Dividend Growth. Enterprise primarily makes most of its money from fees it charges E&P cu… Enterprise Products Partners’ distribution should be safe for the time being. Illinois Tool Works Inc.: A Little-Known Powerhouse for Dividend Investors, EPD Stock: Look at This Safe, Rising, 8.4% Yielder, British American Tobacco PLC: Cigarette Maker With 7.1% Yield Raises Guidance, Starwood Property Trust, Inc.: 10.4% Dividend Yield Hard to Ignore. Just click on “Search” at the upper-right part of the webpage and type in the name of the company. Description: Marc makes a guest appearance on Bloomberg Radio to discuss America’s retirement crisis. First and foremost: EPD is a pipeline company, not a driller. He has appeared on CNBC, Fox Business and Yahoo Finance. Dividend Yield. We’re starting to get an idea as to how COVID-19 will impact the energy business. Enterprise Products Partners (NYSE: EPD) started in 1968 as a wholesaler of natural gas liquids. That has triggered a wave of dividend cuts and bankruptcies, with analysts expecting more bad news to come in the weeks ahead. EPD's next quarterly dividend payment will be made to shareholders of record on Thursday, February 11. Thank you for signing up for Wealthy Retirement. Marc Lichtenfeld has studied the markets for more than 22 years. Welcome! AllianceBernstein pays out 109.52% of its earnings out as a dividend. Iron Mountain Inc: Storage REIT With 8.4% Yield Is Poised to Climb in 2021 Check out our privacy policy. U.S. Bancorp: Returning Another $3 Billion to Investors? Pipeline owners, as a rule of thumb, get paid a fixed fee for each barrel of crude that moves through their network. You can also search Wealthy Retirement to see if I’ve covered your favorite stock. That makes it a safe stock in 2020 from a dividend paying perspective. Coupled with Cisco's investment-grade balance sheet and broad base of customers, Simply Safe Dividends expects the firm to stay relevant and continue paying a safe dividend… In early 2018, Marc released his second book, You Don’t Have to Drive an Uber in Retirement: How to Maintain Your Lifestyle without Getting a Job or Cutting Corners, which hit No. EPD's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! That theory, however, hasn’t worked out in practice. ... (EPD, $34, 4.3% yield), ... dividend-paying domestic energy stocks is madness and start to … https://www.incomeinvestors.com/is-enterprise-products-partners-l-p-yield-safe/56453/. AB's most recent quarterly dividend payment was made to shareholders of record on Thursday, November 12. Thank you for subscribing to Wealthy Retirement. The company has grown its dividend for the last 1 consecutive years and is increasing its dividend by an average of 2.20% each year. Your email is safe with us. Carey. Enterprise Products Partners is North America’s third largest midstream operator, with nearly 50,000 miles of natural gas, oil, natural gas liquid (NGL), and refined product pipelines. This is an entirely free service. They suggest that even if CAD falls further, the company generates enough cash to pay the distribution.Enterprise Products Partners pays investors $0.445 per quarter, or $1.78 per year. https://www.incomeinvestors.com/wp-content/uploads/2020/07/oil-pipeline-BASARD8-1-150x150.jpg. Dividend.com: The #1 Source For Dividend Investing. So, can income hunters still trust this dividend? (Source: “Investor Deck,” Enterprise Product Partners, L.P., last accessed July 6, 2020.). ARMOUR Residential REIT, Inc.: Lock in an 11.3% Yield (Paid Monthly) by January 13? Last year, the company paid just 58% of CAD in distributions. Drilling down into Energy Transfer's dividend safety The best high-yield dividend stocks have three things in common: They generate relatively stable cash flow, have a … Admittedly, pipelines have struggled more than one might have originally expected. His readers include teachers... engineers... sound technicians... real estate investors... financial advisors... business developers... law enforcement officers... people from all walks of life. British American Tobacco PLC: Cigarette Maker With 7.1% Yield Raises Guidance. The company's dividend is not at risk. ... Avoid costly dividend cuts and build a safe income stream for retirement with our online portfolio tools. Is The Geo Group Inc’s 15.1% Dividend Safe? If Enterprise Products Partners hits the $6 billion in CAD that Wall Street expects, it will likely pay investors about 65% of that total in distributions. In other words, Enterprise Products Partners L.P.’s 10% dividend yield looks safe for now. Look to see how quickly the dividend grows each year, and how reliable that growth is. This has left management with much more in the way of financial wiggle room. 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