What's Next for Energy Transfer Stock and Its 8% Dividend Yield?
Energy Transfer(ET) The Motley Fool·2024-04-04 14:31
Why the stock may be one of the best investments for income-oriented investors.Since the start of 2022, Energy Transfer (ET -0.03%)has increased its distribution every quarter. However, everything has not always been smooth for the company. In fact, back in 2020, the midstream company slashed its distribution in half. So, what's in store for Energy Transfer's stock and its distribution? First, let's first look at what the company does and how it grows its distribution.A midstream giantEnergy Transfer is an ...