Name: This 7.9%-Yielding Dividend Stock Continues to Pump More Income Into its Investors’ Pockets
Uploaded: 2024-04-28T07:40:50-04:00
Duration: 5 min
Description: Energy Transfer (NYSE: ET) has become a premium passive income producer in recent years. The master limited partnership (MLP) pays a significantly above-average cash distribution that currently yields 7.9%, compared with the 1.4% dividend yield of the S&P 500. Meanwhile, it has been steadily pushing that payout higher each quarter. The MLP recently declared its […]

Tag: 7.9Yielding

This 7.9%-Yielding Dividend Stock Continues to Pump More Income Into its Investors’ Pockets

Energy Transfer (NYSE: ET) has become a premium passive income producer in recent years. The master limited partnership (MLP) pays a significantly above-average cash distribution that currently yields 7.9%, compared with the 1.4% dividend yield of the S&P 500. Meanwhile, it has been steadily pushing that payout higher each quarter. The MLP recently declared its […]

This 7.9%-Yielding Dividend Stock Is a Magnificent Option for Those Seeking Super-Safe Income

Enbridge (NYSE: ENB) has been a masterful dividend stock over the decades. The Canadian pipeline and utility company has paid dividends for nearly 70 years and has increased the payment for 29 straight years, growing it at an impressive 10% compound annual rate. While dividend growth has slowed in more recent years (it gave investors […]