Energy Transfer: Why There Is Still A Decent Upside

bjdlzx Early this year I wrote an article about Energy Transfer (NYSE:ET) providing several arguments why, in my view, the then-current dividend yield of 9.1% was fully backed by robust fundamentals and in general why the probability of experiencing a similar event as in 2020, when ET cut the dividend, is extremely unlikely. So, the combination of a very enticing dividend and improving cash generation warranted a buy from me. Since the publication of the article, the stock has rewarded investors nicely, ...