Energy Transfer Has Lots of Fuel to Grow its 7%-Yielding Dividend in 2025 and Beyond

Energy Transfer (NYSE: ET) currently pays a monster distribution. The master limited partnership's (MLP) payout yields more than 7%. That's several times higher than the S&P 500. Its 1.2% dividend yield is currently near a 20-year low. The MLP's big-time payout should continue growing in the future. It already has a tremendous amount of fuel in the tank and will likely add more fuel for its growth engine in the coming quarters.Energy Transfer has revved up its growth engine over the past year. The midstream giant has ramped up its consolidation strategy by making several acquisitions. Last November, it bought fellow MLP Crestwood Equity Partners in a $7.1 billion deal. Meanwhile, it closed its nearly $3.1 billion acquisition of WTG Midstream in July. The MLP has also completed several expansion projects. Those growth-related investments have it on track to boost its adjusted EBITDA by 12% this year. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool