storage and processing of oil and gas
Search documents
The 5 Highest-Yielding ‘Strong Buy’ Dividend Stocks To Own for Generations
Yahoo Finance· 2025-10-24 23:00
Core Insights - Dividend-paying stocks provide steady income during market volatility, appealing to income investors who prioritize consistent yields over speculative gains [1] - High-yield companies rated as "Strong Buy" by analysts indicate both safety and potential for growth [2] Company Overview - Energy Transfer LP is a midstream company established in 1996, headquartered in Dallas, Texas, focusing on the transportation, storage, and processing of raw energy materials like oil and gas [5] - The company is expanding its operations with the Desert Southwest Expansion Project, which aims to increase Permian gas capacity by 1.5 billion cubic feet per day (Bcf/d) by 2029, connecting key supply points in Texas and New Mexico [5] Financial Performance - Energy Transfer reported a 7% year-over-year decline in sales to $19.2 billion and a 10% decrease in net income to $1.2 billion, attributed to lower raw material prices [6] - Despite the recent financial downturn, the company is expected to recover due to its diversified asset base and long-term contracts [6] Dividend Information - The company offers a forward annual dividend of $1.32, resulting in an approximate yield of 8% [7] - A consensus among 16 analysts rates Energy Transfer's stock as a "Strong Buy," reflecting consistent positive sentiment over the past three months [7]