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With its unit price recently around $21 apiece, you'd need to invest about $81,395 in Energy Transfer to produce $5,000 in yearly distributions. That's a lot of money for most investors.
That's why Energy Transfer (NYSE: ET) is my favorite dividend stock to invest in at this time. Let's look at three reasons why I think the stock might be worth a $1,000 (or more) investment if you ...
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of December 23, 2024. Matt DiLallo has positions in Energy ...
See the 10 stocks » What has fueled Energy Transfer's rally? Energy Transfer had an excellent 2024. The MLP expected to generate between $15.3 billion and $15.5 billion of adjusted earnings ...
Energy Transfer (NYSE: ET) has a lofty 8% or so distribution yield, which will likely sound pretty appealing to most dividend-focused investors. But don't jump in just yet. But don't jump in just yet.
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