Reported 8 months ago
Energy Transfer, a popular energy stock offering over 8% yield, plans to increase its payout by 3% to 5% annually. However, Western Midstream (WES) presents an even higher yield of over 9% with faster distribution growth. Western Midstream's recent strategies, like capital recycling and acquisitions, have fueled a 52% increase in its distribution, resulting in a 9.2% yield. With low leverage and continued investments, Western Midstream offers the potential for higher income compared to Energy Transfer.
Source: YAHOO