Here's How Many Shares of Energy Transfer You Must Own to Get $5,000 in Yearly Dividends

Energy Transfer (ET -5.89%) pays a prodigious cash distribution to its investors. The master limited partnership (MLP) currently yields 6.1%, which is several times higher than the S&P 500's dividend yield of around 1.2%. That means you can generate more income on every dollar you invest in the midstream company. Here's a look at how many units of the MLP you'd need to own to get paid $5,000 each year. You'd also need to be comfortable investing in MLPs, which have some added tax complexities, such as sendi ...