EnLink Midstream Partners, LP (NYSE:ENLK) Updates On Quarterly Dividend


As per EnLink Midstream Partners, LP (NYSE:ENLK) statement on 2016-07-20, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.39 per share as dividend to stakeholders. The record date is set as 2016-08-01, the payout date as 2016-08-11 and the ex-dividend date is 2016-07-28.

Last fiscal EnLink Midstream Partners, LP (NYSE:ENLK) disbursed cash dividend of $0.39. A year ago, the payout was $0.39, which indicates a difference of 5.1546%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.39, implying 43.6648% growth.

For the period ended on 2015-12-31, EnLink Midstream Partners, LP (NYSE:ENLK)’s earnings came at $-0.07 per share compared to EPS of $0.17 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 $-0.01 per share.

The interim price target for EnLink Midstream Partners, LP (NYSE:ENLK) is set at $19.625. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for EnLink Midstream Partners, LP (NYSE:ENLK) is seen at $22 and the lowest level is established at $18. This broad range highlights a standard deviation of $1.597 in reported estimates.

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