If You Like Energy Transfer's 7.4%-Yielding Payout, You Should Check Out This 9.1%-Yielding Dividend Stock
Energy Transfer (NYSE: ET) is a popular income-generating investment. It has garnered so much favor among income-seeking investors because it pays a lucrative 7.4%-yielding distribution that it has been steadily increasing each quarter. Investors who like Energy Transfer might want to check out fellow master limited partnership (MLP) Plains All American Pipeline (NASDAQ: PAA). The oil pipeline company has a higher-yielding payout (9.1%) that it has been growing faster than Energy Transfer's distribution.Image source: Getty Images.Continue reading
Energy Transfer (NYSE: ET) is a popular income-generating investment. It has garnered so much favor among income-seeking investors because it pays a lucrative 7.4%-yielding distribution that it has been steadily increasing each quarter.
Investors who like Energy Transfer might want to check out fellow master limited partnership (MLP) Plains All American Pipeline (NASDAQ: PAA). The oil pipeline company has a higher-yielding payout (9.1%) that it has been growing faster than Energy Transfer's distribution.
Image source: Getty Images.
