Up 19%, Is This 9%-Yielding Dividend Stock Still a Good Buy?
Energy Transfer (NYSE: ET) has delivered a strong performance over the past year. Units of the master limited partnership (MLP) are up over 19%. On top of that, the MLP has paid a high-yielding (and growing distribution). That has pushed its total return to more than 31% over the last 12 months.
Despite that rally, Energy Transfer still trades at a fairly attractive valuation. Meanwhile, the MLP has lots of fuel to grow its distribution, which currently yields over 9% even after the nearly 20% surge in its unit price. These factors still make it look like an appealing investment.
Units of Energy Transfer currently trade at less than $14 apiece. That's an attractive level compared to its peers and where analysts believe the MLP should trade:
Source Fool.com
MLP SE Aktie
Die Community zeigt leichtes Interesse an MLP SE mit mehr Buy- als Sell-Einschätzungen.
Mit einem Kursziel von 10 € für MLP SE könnte der aktuelle Kurs von 5.73 € um mehr als die Hälfte steigen.
