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Can Energy Transfer Stock Maintain Its 9% Dividend?
ETEnergy Transfer(ET) The Motley Fool·2024-02-18 14:16

Few stocks are able to sustain 9% dividends, yet that's exactly what Energy Transfer (ET 0.90%) did on February 6 when it increased its payout even though its dividend yield was already above 9%. And this isn't the first time Energy Transfer has boosted its already-high dividend. The company has raised the payout every quarter for more than two years.Is this your chance to secure a truly reliable 9% dividend yield?This stock is built for incomeSome businesses are built for growth, while others are designed ...