What's Next for Energy Transfer Stock and Its 8% Dividend Yield?
The Motley Fool
APRIL 4, 2024
Since the start of 2022, Energy Transfer (NYSE: ET) has increased its distribution every quarter. However, everything has not always been smooth for the company. In fact, back in 2020, the midstream company slashed its distribution in half. So, what's in store for Energy Transfer's stock and its distribution? First, let's first look at what the company does and how it grows its distribution.
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