Energy Transfer: Rock-Solid Dividend Opportunity
Energy Transfer(ET) Seeking Alpha·2024-04-24 03:46
canakat Introduction I continue to explore dividend stocks, and North American energy midstream appears to be a safe haven to me. The demand for hydrocarbons around the world is unlikely to decline in the foreseeable future, and there will also be a need to transfer and export them. Among the top-10 midstream companies in North America by market cap, I decided to dive into the fundamentals of Energy Transfer LP (NYSE:ET) because it offers an impressive 8% forward distribution (dividend) yield, and it ha ...