1,000 Units of Enterprise Products Partners Pay $2,240 a Year. Here’s What the Latest Earnings Say About Whether That’s a Safe Passive Income Stream.

Enterprise Products Partners' Q3 2026 earnings demonstrate a strong and safe dividend payout of $2.24 annually per unit (5.7% yield). The company's distributable cash flow of $2.3 billion covered its distribution 1.9 times, with $1.1 billion retained for growth investments and debt reduction. The MLP funded 100% of its capital expenditures from operating cash flow while maintaining an A-/A3 credit rating and a 2.9x leverage ratio, indicating financial strength. However, risks include potential decline in export demand, rising interest rates, and increased capital spending on $6.3 billion in growth projects.