Is EPD stock dividend safe?

Is the EPD distribution safe?

Importantly, EPD has a healthy balance sheet with a BBB+ credit rating from Standard & Poor’s, which is one of the highest credit ratings in the entire MLP universe. Maintaining a strong balance sheet helps further the distribution safety.

Is EPD a good long term investment?

Looking at risks associated with EPD specifically, the company is a master limited partnership (or MLP), which means that EPD might not be the best stock to invest in long-term — say, for retirement funds or future savings — because these MLPs come with tax issues not found in your typical non-MLP corporations.

Is Enterprise Products Partners LP dividend safe?

As you can see above, Enterprise Products Partners’ dividend is extremely safe at the moment.

Is Enterprise Products Partners LP a good buy?

Enterprise Products Partners L.P. – Sell

may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of EPD, demonstrate its potential to outperform the market.

How long has EPD been paying dividends?

Dividend History for Enterprise Products Partners L.P. (EPD)

Ex-Div. Date Amount Pay. Date
7/29/2021 $0.45 8/12/2021
4/29/2020 $0.445 5/17/2020
10/30/2019 $0.4425 11/12/2019
7/30/2019 $0.44 8/13/2019
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Is EPD stock an MLP?

I hate to give you another surprise, but Enterprise Products Partners LP (EPD-NYSE) is not a dividend stock. It’s a U.S. master limited partnership (MLP) that is subject to different tax rules than a regular corporation.

Is EPD overvalued?

Price To Earnings Ratio

PE vs Industry: EPD is good value based on its PE Ratio (13x) compared to the US Oil and Gas industry average (20.7x). PE vs Market: EPD is good value based on its PE Ratio (13x) compared to the US market (17.9x).

Is EPD a monthly dividend?

Enterprise Products Partners (NYSE:EPD) pays quarterly dividends to shareholders.

Does EPD pay a dividend?

A cash dividend payment of $0.45 per share is scheduled to be paid on November 12, 2021. Shareholders who purchased EPD prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that EPD has paid the same dividend.

Is EPD dividend return of capital?

That means that your tax burden from an MLP like EPD is low relative to dividends you may receive from corporations. For my latest distribution, 100% was a return of capital, and therefore nontaxable. … Since entering the portfolio in 2000, EPD has returned nearly 1,700% for investors.

Does Enterprise Products Partners issue a K 1?

27, 2021– Enterprise Products Partners L.P. (NYSE:EPD) today announced that its 2020 tax packages, including schedule K-1’s are now available online. … For additional information, unitholders may call K-1 Tax Package Support toll free at (800) 599-9985 weekdays between 8 a.m. and 5 p.m. CT .