The MLP distributes around half its stable cash flow to investors, while retaining the rest to fund expansion projects. It's also in the strongest financial position in its history. That gives Energy Transfer plenty of flexibility to fund the multi-billion-dollar backlog of expansion projects it currently has underway, which should enter commercial service through the end of the decade. These projects help support the MLP's expectation of increasing its distribution by 3% to 5% annually.Energy Transfer is a ...

Key Points Energy Transfer generates very stable cash flows. The MLP also has a conservative financial profile. It has the financial flexibility to grow its operations and high-yielding distribution. 10 stocks we like better than Energy Transfer › A high dividend yield is often a warning sign that a company's dividend isn't sustainable for much longer. Given that logic, Energy Transfer's (NYSE: ET) 8%-yielding dividend might seem a bit suspect at first glance. However, a closer look at the master ...