This 8.9%-Yielding Dividend Stock Is Coming Off a Record Year (and 2024 Could Be Even Better)
Last year was one for the record books in many regards for Energy Transfer (NYSE: ET). The midstream master limited partnership (MLP) set seven operational records during the fourth quarter, fueled by organic growth and acquisitions. That enabled the company to produce stronger-than-expected financial results.
The MLP's strong end to 2023 gives it lots of momentum heading into 2024. Here's a look back at last year and what to expect in the upcoming year.
Energy Transfer ended 2023 on a high note. The company set seven operational records in the fourth quarter, including:
Source Fool.com
MLP SE Stock
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As a result the target price of 10 € shows a very positive potential of 78.89% compared to the current price of 5.59 € for MLP SE.