Like Energy Transfer? You Should Check Out This Ultra-High-Yield Dividend Stock.
Energy Transfer (NYSE: ET) is one of the largest, most diversified providers of energy midstream services in the country. Those assets generate lots of steady cash flow, about half of which the master limited partnership (MLP) distributes to investors. With its yield of over 8%, it's a popular income investment.
Investors who like that income stream should check out fellow MLP Delek Logistics Partners (NYSE: DKL). The smaller midstream services provider currently yields around 11%. While it has a higher risk profile, it has done a terrific job increasing its monster distribution over the years.
Energy Transfer generates about $8.5 billion of distributable cash flow per year. The MLP distributes about $4.5 billion of that cash to investors each year. It retains the rest to fund expansion projects, enhance its financial flexibility, and opportunistically repurchase its common units. The midstream giant has a strong investment-grade balance sheet, backed by a leverage ratio trending toward the lower end of its 4.0 to 4.5 target range.
Source Fool.com
MLP SE Aktie
Die MLP SE Aktie ist etwas beliebter: Mehr Buy- (4) als Sell-Einschätzungen (0).
Das Kursziel von 10 € für MLP SE bedeutet eine deutliche Steigerung von über 50% gegenüber dem aktuellen Kurs von 5.67 €.
