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Enterprise Products Just Raised Its Dividend. Here's What the New Yield Looks Like.
['Todd Shriber', 'Https', 'Www.Facebook.Com Themotleyfool']
The Motley Fool
Although the third quarter isn't even half over, it's already brought a spate of midstream dividend hikes, with Enterprise Products being one of the guests at that party.
Fortunately, that's not the end of the good news when it comes to the Enterprise Products dividend.
Day's Range $ 37.76 - $ 38.19 52wk Range $ 30.01 - $ 40.16 Volume 1.6M Avg Vol 3.3M Gross Margin 12.77% Dividend Yield 5.84%Here are two more points that dividend investors will like.
With Enterprise Products, investors should consider that approach because the true value of dividend growth is realized over longer holding periods.
Margin expansion was evident in Enterprise Products' natural gas liquids (NGLs) segment, where the company has industry-leading export infrastructure.