How Much Will Energy Transfer Pay Out in Dividends This Year?
Energy Transfer (NYSE: ET) offers investors an enticing income stream. The master limited partnership's (MLP) distribution yield is around 8%. That's several times above the S 500's 1.3% dividend yield.
Here's a closer look at how much money the MLP will distribute to its investors this year.
Energy Transfer pays its investors a quarterly distribution of $0.3175 per unit ($1.27 annualized). The MLP had about 3.4 billion outstanding common units at the end of the first quarter. That put its total cash outlay at nearly $1.1 billion in the period. At that rate, the MLP will distribute a little less than $4.3 billion in cash to its unitholders in 2024.
Source Fool.com
MLP SE Stock
€5.77
1.750%
Our community is currently high on MLP SE with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 10 € shows a very positive potential of 73.31% compared to the current price of 5.77 € for MLP SE.
