SmarterDividends
NGL-PC

NGL Energy Partners LP

NGL-PC

Energy · Oil & Gas Midstream · Stock · quarterly payer

$25.63

Undervalued · +183% Add to Portfolio

Forward Yield

10.85%

Annual Dividend

$2.78

Payout Ratio

—

5-Yr Growth

3.8%

Ex-Date

Oct 1, 2026

Frequency

Quarterly

Key facts about NGL-PC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, NGL Energy Partners LP (NGL-PC) has a forward dividend yield of 10.85%, based on an annual dividend of $2.78 per share and a share price of $25.63.
  • As of Oct 27, 2026, NGL-PC's dividend safety grade from SmarterDividends is D (45 out of 100), which rates the dividend as unsafe.
  • NGL-PC last cut its regular dividend in 2025.
  • NGL-PC's most recent ex-dividend date was Oct 1, 2026, for a dividend of $0.69 per share.
  • NGL-PC's dividend has grown at an average rate of 3.8% a year over the past five years.
  • As of Oct 27, 2026, NGL-PC's 10.85% yield is 53% below its five-year average yield of 23.31%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for NGL-PC is $72.49 per share, 183% above the $25.63 share price, so NGL-PC screens as undervalued.
  • NGL Energy Partners LP (NGL-PC) pays its dividend quarterly, 4 times a year.
Cite this page

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

Summary

As of Oct 27, 2026, NGL Energy Partners LP (NGL-PC) yields 10.85% ($2.78 a year per share) and has a dividend safety grade of D (45/100).

Is NGL-PC a good dividend stock?

Mixed

NGL Energy Partners LP (NGL-PC) pays a quarterly dividend yielding 10.85% ($2.78/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

  • 79% 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
10.85%
Payout Ratio
—
Annual Dividend
$2.78
5-Yr Avg Growth
3.8%
Ex-Dividend Date
Oct 1, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.84
Market Cap
—
P/E Ratio
—
5-Yr Total Return
79%
52-Week Range
$22.50 – $26.20
Dividend Safety
D · 45/100
Ever Cut?
Yes (2025)

NGL-PC dividend changes

NGL Energy Partners LP (NGL-PC) pays a variable dividend: across the 19 payments on record since 2019, 4 were higher than the one before and 5 lower. The latest change was up 0.4% to $0.695 per share, going ex-dividend on Oct 1, 2026.

Ex-dateChangeOld → newMove
Oct 1, 2026Higher$0.692 → $0.695+0.4%
Jul 1, 2026Higher$0.690 → $0.692+0.3%
Apr 1, 2026Lower$0.711 → $0.690−2.9%
Dec 31, 2025Lower$0.730 → $0.711−2.6%
Apr 1, 2025Lower$0.749 → $0.732−2.2%
Dec 31, 2024Lower$0.795 → $0.749−5.8%
Oct 1, 2024Higher$0.793 → $0.795+0.3%
Jul 1, 2024Lower$2.19 → $0.793−63.7%
Sep 30, 2019Higher$0.595 → $0.602+1.1%
Every NGL-PC payment →Download every raise and cut (CSV)
NGL-PC ex-dividend date & scheduleNext ex-date Oct 1, 2026 · full ex-dividend historyView →NGL-PC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is NGL-PC a good dividend stock?

Mixed. NGL Energy Partners LP (NGL-PC) pays a quarterly dividend yielding 10.85% ($2.78/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-PC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NGL-PC's fair value is about $72.49 versus a $25.63 share price — so it looks undervalued (+183% vs. fair value).

Is NGL-PC's dividend safe?

NGL-PC 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-PC's fair value?

Our blended fair-value estimate for NGL-PC is about $72.49 per share, roughly 183% above the current $25.63 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

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

We don't issue formal ratings, but on the data NGL-PC screens as "mixed" and undervalued. NGL Energy Partners LP (NGL-PC) pays a quarterly dividend yielding 10.85% ($2.78/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-PC cut its dividend?

NGL-PC 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-PC pay a dividend?

Yes. NGL Energy Partners LP pays a quarterly dividend of about $2.78 per share annually, a forward yield of roughly 10.85%.

What is NGL-PC's dividend yield?

As of Oct 27, 2026, NGL-PC's forward dividend yield is 10.85%, based on a $2.78 annual dividend and a $25.63 share price.

What is NGL-PC's dividend per share?

As of Oct 27, 2026, NGL-PC pays $2.78 per share per year, distributed on a quarterly basis.

How many years has NGL-PC grown its dividend?

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

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

As of Oct 27, 2026, NGL-PC's next ex-dividend date hasn't been announced. The most recent was Oct 1, 2026, for $0.69 per share.

Income Calculator

At $2.78 / yr per share

Per payment (quarterly)$69.50
Annual$278.00
Monthly avg$23.17

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