Energy Transfer Boosts Dividend After Export Policy Change

Reported 1 day ago

Energy Transfer LP (NYSE:ET) is reaffirming its position as a top dividend stock following the Bureau of Industry and Security's decision to revoke the license requirement for exporting ethane to China. With a strong buy rating from multiple analysts and a current dividend yield of 7.2%, the company's outlook appears positive, particularly in light of internal confidence from its directors. Despite the challenges posed to business operations, Energy Transfer continues to be an attractive option for MLP investors, especially with significant growth potential.

Source: YAHOO

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