Got $1,000? Buy This Ultra-High-Yield Dividend Stock for Income and Upside
Energy Transfer (NYSE: ET) offers investors the best of both worlds. The master limited partnership (MLP) has a massive yield (currently around 8.5%). Because of that, it can provide investors with a lot of income. The main reason it has such a high yield is it trades at a bottom-of-the-barrel valuation. That gives it significant appreciation potential.
Those features make it a great opportunity for those with $1,000 or less to invest. It has the potential to produce a high-octane total return.
Energy Transfer generates a lot of steady cash flow as stable, fee-based structures supply about 90% of its earnings. The midstream company produced about $7.6 billion of distributable cash flow last year. It distributed about $4 billion to investors, enabling it to retain $3.6 billion of its cash flow. That gives this MLP a massive cushion, helping put its big-time payout on an extremely firm foundation.
Source Fool.com
MLP SE Stock
Currently there is a rather positive sentiment for MLP SE with 3 Buy predictions and 0 Sell predictions.
With a target price of 10 € there is a hugely positive potential of 78.25% for MLP SE compared to the current price of 5.61 €.
