◆ NeutralEPD

Here's How Many Shares of Enterprise Products Partners (EPD) You'd Need for $2,000 a Year in Dividend Income

The Motley Fool·
Here's How Many Shares of Enterprise Products Partners (EPD) You'd Need for $2,000 a Year in Dividend Income

Enterprise Products Partners (EPD), a master limited partnership specializing in oil and gas pipelines, offers a 6.1% forward dividend yield with 28 consecutive years of dividend growth. To generate $2,000 annually in dividend income, investors would need approximately 893 shares at $36.69 per share ($32,764 total investment). The company maintains a conservative payout ratio of less than 60% of distributable cash flow and has nearly quadrupled its operational DCF over the past 20 years despite major economic challenges.

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