Enterprise Products Partners Stock Heads Into a Big Week as Dividend Clock Ticks
Enterprise Products Partners closed at $38.00 Friday, ahead of first-quarter results due Tuesday and a $0.55 per-unit payout set for May 14. The company repurchased $116 million in units last quarter. Analysts expect earnings of 71 cents per unit and revenue of $13.2 billion. Market consensus rates the stock a “Moderate Buy” with an average target of $38.27.