Want $500 in Annual Dividend Income? Here's How Much You'd Have to Invest in Energy Transfer Stock.

Here's a look at how much you need to invest in the MLP to receive $500 in cash distributions each year. This MLP can supply investors with lots of income. Energy Transfer (ET 0.20$0.3175 per unit ($1.27 annualized). That puts its yield up over 8% at the MLP's recent unit price, much higher than the S&P 500's roughly 1.3% dividend yield. Energy Transfer's higher yield ...