All It Takes Is $4,500 Invested in This Dirt Cheap Value Stock to Help Generate Over $350 in Passive Income per Year

Some companies have high dividend yields due to concerns about their financial situations. Others have high yields because they trade at dirt cheap valuations. Energy Transfer (NYSE: ET) is in the latter group.As a result, you can generate a lot of passive income by investing in this master limited partnership (MLP). At its current 7.9% yield, you'd only need to invest $4,500 to generate over $350 in annual passive income. Here's a closer look at why the energy midstream giant offers such an attractive payout these days.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool