This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Top 10 Dividend Stocks

9. Enterprise Products Partners (EPD - Get Report) is a North American provider of energy services to natural gas and oil producers and consumers.

During third quarter 2011, the company paid a dividend of 61.25 cents per share, up 5.2% from 58.25 cents per share in the same quarter earlier year. EPD generated record distributable cash flow of $856 million during the quarter, vs. $573 million in the same period in 2010. Currently, the stock has a dividend yield of 5.3% and 5.3% one-year dividend growth, as per data compiled by Bloomberg.

Total revenue for the quarter was $11.3 billion, up 40.2% from $8.06 billion in the year-ago quarter. Net income grew to $480 million, or 55 cents per diluted share, from $348 million, or 18 cents, in the same quarter prior year. Net operating cash flow stood at $473.7 million during the quarter. During the quarter, total natural gas pipeline volumes increased 5% to a record 13.4 trillion British thermal units per day. NGL fractionation volumes increased 16% to a record 554 thousand barrels per day for the quarter.

The company has announced plans to design, construct and operate a long-haul pipeline to transport ethane from the Marcellus and Utica shale plays in Pennsylvania, West Virginia and Ohio to the U.S. Gulf Coast. Recently, EPD announced plans to expand and extend a seaway crude oil pipeline that will help ease the glut of crude at Cushing, Okla.

Of the 22 analysts covering the stock, 86% recommend a buy and 9% rate a hold. A consensus forecast of analysts polled by Bloomberg has average 12-month price target of $49.69 for the stock, about 10.4% higher than the current price.
2 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
EPD $26.69 0.00%
ETE $12.43 0.00%
INTC $30.28 0.00%
LINE $0.37 0.00%
PG $80.12 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs