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Crestwood Equity Partners LP (Crestwood Equity Partners LP) 3-Year Dividend Growth Rate : 2.60% (As of Sep. 2023)


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What is Crestwood Equity Partners LP 3-Year Dividend Growth Rate?

Crestwood Equity Partners LP's Dividends per Share for the three months ended in Sep. 2023 was $0.66.

The historical rank and industry rank for Crestwood Equity Partners LP's 3-Year Dividend Growth Rate or its related term are showing as below:

CEQP' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -42   Med: 1.4   Max: 17.4
Current: 2.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Crestwood Equity Partners LP was 17.40% per year. The lowest was -42.00% per year. And the median was 1.40% per year.

CEQP's 3-Year Dividend Growth Rate is not ranked
in the Oil & Gas industry.
Industry Median: 14.5 vs CEQP: 2.60

During the past 12 months, Crestwood Equity Partners LP's average Dividends Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -16.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Crestwood Equity Partners LP's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.00. As of today, Crestwood Equity Partners LP's Dividend Yield % is 9.27%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Crestwood Equity Partners LP is 2.03, which seems too high.

Warning Sign:

Crestwood Equity Partners LP stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Crestwood Equity Partners LP's 3-Year Dividend Growth Rate

For the Oil & Gas Midstream subindustry, Crestwood Equity Partners LP's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Crestwood Equity Partners LP's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Crestwood Equity Partners LP's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Crestwood Equity Partners LP's 3-Year Dividend Growth Rate falls into.



Crestwood Equity Partners LP 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Crestwood Equity Partners LP  (NYSE:CEQP) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Crestwood Equity Partners LP's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.655/ -0.306
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Crestwood Equity Partners LP was 8.45. The lowest was 0.08. And the median was 3.41.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Crestwood Equity Partners LP is 2.03, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Crestwood Equity Partners LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6550002023-10-202023-10-232023-10-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.6550002023-08-042023-08-072023-08-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.6550002023-05-052023-05-082023-05-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Crestwood Equity Partners LP's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.965/28.26
=6.95 %

Current Share Price is $28.26.
Crestwood Equity Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.965.

During the past 13 years, the highest Dividend Yield of Crestwood Equity Partners LP was 67.99%. The lowest was 3.53%. And the median was 9.24%.

Warning Sign:

Crestwood Equity Partners LP stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Crestwood Equity Partners LP 3-Year Dividend Growth Rate Related Terms>


Crestwood Equity Partners LP (Crestwood Equity Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
811 Main Street, Suite 3400, Houston, TX, USA, 77002
Crestwood Equity Partners LP develops, acquires, owns or controls, and operates fee-based assets and operations within the energy midstream sector. The company has a diversified portfolio of crude oil and natural gas gathering, processing, storage, and transportation assets that connect fundamental energy supply with energy demand across North America. It has three reporting segments: Gathering and Processing North, Gathering, and Processing South, and Storage and Logistics. The company serves various producers in unconventional shale plays located across the United States. It generates maximum revenue from the Gathering and Processing North division.
Executives
Clay C Williams director
Jeffrey M Cathey officer: SVP, Controller 2440 PERSHING ROAD, SUITE 600, KANSAS CITY MO 64108
Black John William Iii officer: EVP, Chief Financial Officer 811 MAIN STREET, SUITE 3400, HOUSTON TX 77002
Diaco Aviki officer: EVP, Chief Operating Officer 811 MAIN STREET, SUITE 3400, HOUSTON TX 77002
Frances M Vallejo director 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
David Lumpkins director 600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
William H. Moore officer: EVP - Corporate Strategy TWO BRUSH CREEK BOULEVARD, SUITE 200, KANSAS CITY MO 64112
Halpin Robert Thornbury Iii officer: President CRESTWOOD MIDSTREAM PARTNERS LP, 717 TEXAS AVENUE, STE 3150, HOUSTON TX 77002
Joel Christian Lambert officer: EVP, Legal, Safety Compliance 600 TRAVIS STREET, SUITE 6000, HOUSTON TX 77002
Robert G Phillips director, officer: Founder, Chairman & CEO 2727 NORTH LOOP WEST, HOUSTON TX 77008
Janeen S Judah director 10713 WEST SAM HOUSTON PARKWAY N, SUITE 800, HOUSTON TX 77064
Angela A Minas director 3262 WESTHEIMER ROAD #627, HOUSTON TX 77098
Warren H Gfeller director
Oasis Petroleum Inc. 10 percent owner 1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Gary Duane Reaves director ONE LAFAYETTE PLACE, THIRD FLOOR, GREENWICH CT 06830