Energy Transfer LP (ET.PR.I) Declares Quarterly Dividend

Author's Avatar
4 days ago
  • Energy Transfer LP 9.250% FXD PFD I (ET.PR.I) declares a steady quarterly dividend.
  • The dividend offers a forward yield of 7.47%, reflecting consistent performance.
  • Key dates: May 2 for shareholders of record and May 15 for dividend payment.

Consistent Dividend Announcement from Energy Transfer LP

Energy Transfer LP 9.250% FXD PFD I (ET.PR.I) has unveiled a quarterly dividend of $0.2111 per share, maintaining its prior rate. This decision underscores the company's stable financial performance and commitment to shareholder returns.

Attractive Forward Yield

Offering a forward yield of 7.47%, this dividend remains an attractive option for income-focused investors seeking reliable returns. The dividend payment is scheduled for May 15, with shareholders on record by May 2 eligible for this payout. This provides a dependable income stream for investors prioritizing yield in their portfolios.

Key Dates to Remember

Investors should mark their calendars for two significant dates: May 2, the cut-off date for shareholders to be eligible for the dividend, and May 15, when the dividend will be distributed. Staying aware of these dates ensures that shareholders can take full advantage of this investment opportunity.

Also check out: (Free Trial)

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.