1 "Boring" Stock Offering an Over 7.4% Annual Dividend Yield

Energy Transfer operates in the most reliable segment of the energy sector, but how boring is this high yielder? The big draw with Energy Transfer (ET 0.52%) is likely to be the master limited partnership's (MLP's) huge 7.4% distribution yield. That's completely reasonable, noting that the S&P 500 index (^GSPC 0.32%) has a miserly yield of just 1.2% and the average energy stock's yield is just 3.3%. Before you jump aboard what looks like a boring stock, you'll want to know a little of the history backing th ...