Why Energy Transfer Believes Its 15%-Yielding Dividend Is Safe The midstream giant sees the light at the end of the tunnel. It … Matthew DiLallo (TMFmd19) May … Let's see if Energy Transfer LP (ET) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks. In other words, the dividends are more than covered by the company’s free cash flow. The dividend yield measures the ratio of dividends paid / net income. Published on March 5th, 2019 by Aristofanis Papadatos. This Energy MLP Has High Dividend Potential, Less Risk Than Competitors Energy Transfer has a sustainable 15% yield.

If investors find Energy Transfer too risky, they can always opt for an oil major like Exxon Mobil (NYSE:XOM) or an exchange-traded fund like the Energy Select Sector SPDR ETF (NYSEARCA:XLE). Oil stocks are very popular in the income-oriented investing community, primarily thanks to the generous dividends that many of these stocks offer.

In addition, the dividend yield is greater than 5% or 6% annually. Companies that … Energy Transfer is not able to make address or name changes, confirm holdings or transactions, or perform other administrative tasks affecting the accounts of either registered or non-registered owners. Stocks ETFs Bonds Best Investments ... Energy Transfer LP. Companies with a higher dividend yield tend to have a business model that allows them to pay out more dividends from net income like real estate and consumer defensive stocks. ET Morningstar Rating Rating as of May 22, 2020. With the price of oil rebounding, I wanted to find five cheap energy stocks that have solid dividend yields. To make these changes or other inquiries, please contact your broker and make sure the K-1 Tax Support Center has these changes. The 8 Best Dividend-Paying Oil Stocks For 2019 And Beyond.