Energy Transfer and Its Nearly 8%-Yielding Dividend Are Stronger Than They Have Ever Been

The MLP has significantly strengthened its financial foundation to the point where it's now stronger than ever. That enabled Energy Transfer to steadily increase its distribution, which is now above its pre-pandemic level. The payout, which currently yields nearly 8%, is safer than ever. From tight to tremendous flexibility Energy Transfer has come a long way over the past few years. Energy Transfer (ET 0.20%) has had its ups and downs over the years. Like many companies, it found itself in a tight spot whe ...