Energy Transfer Is Delivering High-Octane Growth to Complement Its High-Yielding Dividend
ETEnergy Transfer(ET) The Motley Fool·2024-08-09 17:50

The midstream giant is delivering a growth spurt. Energy Transfer (ET 4.03%) is better known for its hefty cash distributions. The master limited partnership's (MLP) payout currently yields around 8%. That's several times higher than the S&P 500's 1.5% dividend yield. That high-yielding dividend is only part of the appeal. The MLP is also growing at a brisk pace this year. Because of that, it could have the fuel to produce high-octane total returns. Stomping on the gas Energy Transfer recently reported robu ...