Energy Transfer: The 7.4%-Yielding Dividend Stock Income Investors Can't Ignore

Some income investors might overlook this midstream energy stock. But they shouldn't.High dividend yields don't necessarily imply high risk. I think Energy Transfer LP (ET 0.17%) is an excellent case in point. This master limited partnership (MLP) offers a distribution yield of 7.4%. And that distribution appears to be relatively safe, making Energy Transfer an ultra-high-yield dividend stock that income investors can't – or at least shouldn't – ignore. A solid businessEnergy Transfer's solid business makes ...