EnLink Midstream, LLC (NYSE:ENLC) is set to trade ex-dividend in four days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be eligible for a dividend payment. Investors can purchase EnLink Midstream's shares before April 25th to be eligible for the dividend, which will be paid on May 14th. The upcoming dividend is US$0.1325 per share, with a trailing yield of 3.9% on the current share price of US$13.59. EnLink Midstream distributed 114% of its profit as dividends last year, which raises concerns about the sustainability of the dividend. However, the company distributed only 30% of its free cash flow as dividends, which is a comfortable payout level. EnLink Midstream has seen rapid earnings growth of 57% per year for the past five years. However, its dividend payments per share have declined at an average rate of 3.0% per year over the past 10 years. While EnLink Midstream has some positive characteristics, it is not recommended for immediate investment. [cb7a1eb7]