Energy Transfer's Growth Prospects Continue to Get Brighter
Energy Transfer (NYSE: ET) is known more for its lucrative cash distributions. The master limited partnership (MLP) currently yields around 7.5%. That's several times higher than the S 500, which has a dividend yield of less than 1.5%.
While income is a key draw of this MLP, it also has a compelling growth profile. It's currently working on several organic expansion projects that will drive accelerated earnings growth in 2026 and 2027. Meanwhile, it has a robust pipeline of future growth opportunities. Because of that, Energy Transfer should have plenty of fuel to continue growing its high-yielding distribution in the coming years.
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Source Fool.com
