SmarterDividends
NGL-PB

NGL Energy Partners LP

NGL-PB

Energy · Stock · quarterly payer

Forward Yield

11.22%

Annual Dividend

$2.88

Payout Ratio

5-Yr Growth

5.5%

Ex-Date

Apr 1, 2026

Frequency

Quarterly

NGL-PB Dividend Safety Score

44/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Free-cash-flow coverage119% of free cash flow
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is NGL-PB a good dividend stock?

Mixed

NGL Energy Partners LP (NGL-PB) pays a quarterly dividend yielding 11.22% ($2.88/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 5.5% 5-yr dividend growth
  • 74% 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
11.22%
Payout Ratio
Annual Dividend
$2.88
5-Yr Avg Growth
5.5%
Ex-Dividend Date
Apr 1, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.58
Market Cap
P/E Ratio
5-Yr Total Return
74%
52-Week Range
$20.33 – $25.79
Dividend Safety
D · 44/100
Ever Cut?
Yes (2025)
NGL-PB ex-dividend date & scheduleNext ex-date Apr 1, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.88 / yr per share

Per payment (quarterly)$72.00
Annual$288.00
Monthly avg$24.00