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Energy Transfer: The 8% Dividend Stock to Own

TheMotleyFool

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Energy Transfer: The 8% Dividend Stock to Own: https://g.foolcdn.com/editorial/images/843919/a-person-measuring-a-yield-sign.jpg

A high dividend yield is often a warning sign that a company's dividend isn't sustainable for much longer. Given that logic, Energy Transfer's (NYSE: ET) 8%-yielding dividend might seem a bit suspect at first glance. However, a closer look at the master limited partnership (MLP) shows that its big-time payout is on rock-solid ground.

Here's why Energy Transfer is a rare 8%-yielding dividend stock that's worth owning.

Image source: Getty Images.

Source Fool.com