STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.52
Forward Annual Dividend Rate
$0.53
Yield
Trailing Annual Dividend Yield
3.65%
Forward Annual Dividend Yield
2.82%
Dividend Date
Dividend Date
Nov 14, 2024
Ex-dividend Date
Nov 01, 2024
11.29 %
114.55
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Oct 14, 2024 | 0.133 | Nov 01, 2024 | Nov 01, 2024 | Nov 14, 2024 |
| Jul 23, 2024 | 0.133 | Aug 02, 2024 | Aug 02, 2024 | Aug 14, 2024 |
| Apr 11, 2024 | 0.133 | Apr 25, 2024 | Apr 26, 2024 | May 14, 2024 |
| Jan 16, 2024 | 0.133 | Jan 26, 2024 | Jan 29, 2024 | Feb 09, 2024 |
| Oct 17, 2023 | 0.125 | Oct 26, 2023 | Oct 27, 2023 | Nov 10, 2023 |
| Jul 18, 2023 | 0.125 | Jul 27, 2023 | Jul 28, 2023 | Aug 11, 2023 |
| Apr 18, 2023 | 0.125 | Apr 27, 2023 | Apr 28, 2023 | May 12, 2023 |
| Jan 18, 2023 | 0.125 | Jan 27, 2023 | Jan 30, 2023 | Feb 13, 2023 |
| Oct 18, 2022 | 0.113 | Oct 27, 2022 | Oct 28, 2022 | Nov 14, 2022 |
| Jul 18, 2022 | 0.113 | Jul 28, 2022 | Jul 29, 2022 | Aug 12, 2022 |
| Apr 19, 2022 | 0.113 | Apr 28, 2022 | Apr 29, 2022 | May 13, 2022 |
| Jan 18, 2022 | 0.113 | Jan 28, 2022 | Jan 31, 2022 | Feb 11, 2022 |
| Oct 19, 2021 | 0.094 | Oct 29, 2021 | Nov 01, 2021 | Nov 12, 2021 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Dec 18, 2006 | 3:1 | +0.90% | +1.22% |
Frequently Asked Questions
Is EnLink Midstream, LLC (ENLC) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. EnLink Midstream, LLC is also among the companies that regularly pay dividends.
What is ENLC's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. ENLC's annual dividend yield for the trailing 12 months is 3.65.
When did ENLC last pay a dividend?
ENLC last paid dividends on 2024-11-14, with the ex-dividend date being 2024-11-01.
When was the last time ENLC stock split?
ENLC stock split took place on 18-12-2006.
How did ENLC's stock split work?
Its last split took place on Dec 18, 2006, when EnLink Midstream, LLC went through a 3:1 split leaving the shareholder with 3 share(s) who previously owned 1 ENLC share(s).