EnLink Midstream, LLC (NYSE:ENLC) Updates On Quarterly Dividend


As per EnLink Midstream, LLC (NYSE:ENLC) statement on 2016-07-20, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.255 per share as dividend to stakeholders. The record date is set as 2016-08-01, the payout date as 2016-08-12 and the ex-dividend date is 2016-07-28.

Last fiscal EnLink Midstream, LLC (NYSE:ENLC) disbursed cash dividend of $0.255. A year ago, the payout was $0.255, which indicates a difference of 26.2821%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.255, implying 69.6944% growth.

For the period ended on 2015-12-31, EnLink Midstream, LLC (NYSE:ENLC)’s earnings came at $0.01 per share compared to EPS of $1.99 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-02. For this quarter, the analysts have earnings estimate of $0.09 per share.

The interim price target for EnLink Midstream, LLC (NYSE:ENLC) is set at $16.333. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for EnLink Midstream, LLC (NYSE:ENLC) is seen at $19 and the lowest level is established at $12. This broad range highlights a standard deviation of $2.236 in reported estimates.

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