SmarterDividends
NGL-PB

NGL Energy Partners LP

NGL-PB

Energy · Oil & Gas Midstream · Stock · quarterly payer

$25.38

Undervalued · +188% Add to Portfolio

Forward Yield

11.04%

Annual Dividend

$2.80

Payout Ratio

—

5-Yr Growth

5.4%

Ex-Date

Oct 1, 2026

Frequency

Quarterly

Key facts about NGL-PB's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, NGL Energy Partners LP (NGL-PB) has a forward dividend yield of 11.04%, based on an annual dividend of $2.80 per share and a share price of $25.38.
  • As of Oct 27, 2026, NGL-PB's dividend safety grade from SmarterDividends is D (45 out of 100), which rates the dividend as unsafe.
  • NGL-PB last cut its regular dividend in 2025.
  • NGL-PB's most recent ex-dividend date was Oct 1, 2026, for a dividend of $0.70 per share.
  • NGL-PB's dividend has grown at an average rate of 5.4% a year over the past five years.
  • As of Oct 27, 2026, NGL-PB's 11.04% yield is 55% below its five-year average yield of 24.69%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for NGL-PB is $73.01 per share, 188% above the $25.38 share price, so NGL-PB screens as undervalued.
  • NGL Energy Partners LP (NGL-PB) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "NGL-PB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/NGL-PB

Summary

As of Oct 27, 2026, NGL Energy Partners LP (NGL-PB) yields 11.04% ($2.80 a year per share) and has a dividend safety grade of D (45/100).

Is NGL-PB a good dividend stock?

Mixed

NGL Energy Partners LP (NGL-PB) pays a quarterly dividend yielding 11.04% ($2.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 5.4% 5-yr dividend growth
  • 80% total price return over 5 years

Risks

  • Cut its dividend in 2025
  • Very high yield can signal elevated risk
  • Below-average dividend safety score

Key Data

Dividend Yield
11.04%
Payout Ratio
—
Annual Dividend
$2.80
5-Yr Avg Growth
5.4%
Ex-Dividend Date
Oct 1, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.84
Market Cap
—
P/E Ratio
—
5-Yr Total Return
80%
52-Week Range
$22.02 – $26.34
Dividend Safety
D · 45/100
Ever Cut?
Yes (2025)

NGL-PB dividend changes

NGL Energy Partners LP (NGL-PB) pays a variable dividend: across the 26 payments on record since 2017, 3 were higher than the one before and 5 lower. The latest change was up 0.4% to $0.701 per share, going ex-dividend on Oct 1, 2026.

Ex-dateChangeOld → newMove
Oct 1, 2026Higher$0.698 → $0.701+0.4%
Jul 1, 2026Higher$0.696 → $0.698+0.3%
Apr 1, 2026Lower$0.716 → $0.696−2.8%
Dec 31, 2025Lower$0.735 → $0.716−2.6%
Apr 1, 2025Lower$0.754 → $0.738−2.2%
Dec 31, 2024Lower$0.800 → $0.754−5.8%
Oct 1, 2024Higher$0.782 → $0.800+2.4%
Jul 1, 2024Lower$2.48 → $0.782−68.4%
Every NGL-PB payment →Download every raise and cut (CSV)
NGL-PB ex-dividend date & scheduleNext ex-date Oct 1, 2026 · full ex-dividend historyView →NGL-PB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is NGL-PB a good dividend stock?

Mixed. NGL Energy Partners LP (NGL-PB) pays a quarterly dividend yielding 11.04% ($2.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is NGL-PB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NGL-PB's fair value is about $73.01 versus a $25.38 share price — so it looks undervalued (+188% vs. fair value).

Is NGL-PB's dividend safe?

NGL-PB has a dividend-safety grade of D (45/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is NGL-PB's fair value?

Our blended fair-value estimate for NGL-PB is about $73.01 per share, roughly 188% above the current $25.38 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NGL-PB a buy, hold, or sell?

We don't issue formal ratings, but on the data NGL-PB screens as "mixed" and undervalued. NGL Energy Partners LP (NGL-PB) pays a quarterly dividend yielding 11.04% ($2.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Will NGL-PB cut its dividend?

NGL-PB earns a dividend-safety grade of D (45/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does NGL-PB pay a dividend?

Yes. NGL Energy Partners LP pays a quarterly dividend of about $2.80 per share annually, a forward yield of roughly 11.04%.

What is NGL-PB's dividend yield?

As of Oct 27, 2026, NGL-PB's forward dividend yield is 11.04%, based on a $2.80 annual dividend and a $25.38 share price.

What is NGL-PB's dividend per share?

As of Oct 27, 2026, NGL-PB pays $2.80 per share per year, distributed on a quarterly basis.

How many years has NGL-PB grown its dividend?

NGL-PB does not currently have a long dividend-growth streak on record.

When is the next NGL-PB ex-dividend date?

As of Oct 27, 2026, NGL-PB's next ex-dividend date hasn't been announced. The most recent was Oct 1, 2026, for $0.70 per share.

Income Calculator

At $2.80 / yr per share

Per payment (quarterly)$70.00
Annual$280.00
Monthly avg$23.33

Similar Dividend Stocks

XOMXOMExxonMobil Holdings Corporation2.23%24 yrCVXCVXChevron Corporation3.07%38 yrPCCYFPCCYFPetroChina Company Limited6.08%EnergySHELSHELShell plc2.92%Energy

Compare NGL-PB

NGL-PB vs XOMNGL-PB vs CVXNGL-PB vs PCCYFNGL-PB vs SHEL

Explore more

Lists and tools related to NGL-PB