This Nearly 8%-Yielding Dividend Stock Has Ample Fuel to Continue Growing Its Payout

Energy Transfer continues to add more fuel to its growth engine. Energy Transfer (ET -1.47%) is a rare dividend stock. The master limited partnership (MLP) offers a monster payout. At nearly 8%, it's several times higher than the S&P 500's sub-1.5% dividend yield. Typically, high-yielding dividend stocks don't grow very fast. That makes this MLP unique: It's growing briskly and has plenty of fuel to keep its growth engine humming along. Here's a look at what's driving the company's above-average growth rate ...