This Top 7.5%-Yielding Dividend Stock Just Extended Its Visible Growth Pathway to 2030
Energy Transfer (NYSE: ET) has been on the cusp of a major growth wave. The energy midstream giant has a long list of organic expansion projects on track to enter commercial service through the end of next year. They should fuel meaningful cash-flow growth in 2026 and 2027. That should enable the master limited partnership (MLP) to continue increasing its 7.5%-yielding distribution over the next few years.
The pipeline company's growth outlook is now even better after it recently added several additional expansion projects to its backlog, significantly enhancing and extending its growth profile. That should give investors even more confidence to hold this MLP for at least the next five years.
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Source Fool.com
