Episode Details
Back to Episodes
Energy Transfer Dividend Power | Business and Finance News
Description
Want steady cash flow from your investments? Energy Transfer, an oil and gas pipeline giant, offers a juicy 7% dividend yield—meaning just $42,500 could net you $3,000 annually, growing over time. Unlike bonds, their payouts have risen for five straight years since the pandemic. They operate like a toll road, moving oil and gas regardless of price swings, fueled by consistent demand. But beware: as an MLP, it comes with unique tax paperwork. While tempting, diversify wisely—other stocks might fit your long-term goals better.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/a65ef68026202f84