ET (Energy Transfer LP) Dividend Payout Ratio : 0.99 (As of Sep. 2024)

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What is Energy Transfer LP Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Energy Transfer LP's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.99.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Energy Transfer LP is 1.04, which seems too high.

The historical rank and industry rank for Energy Transfer LP's Dividend Payout Ratio or its related term are showing as below:

ET' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.78 Max: 1.64
Current: 1.04

During the past 13 years, the highest Dividend Payout Ratio of Energy Transfer LP was 1.64. The lowest was 0.32. And the median was 0.78.

ET's Dividend Payout Ratio is ranked worse than
79.37% of 446 companies
in the Oil & Gas industry
Industry Median: 0.52 vs ET: 1.04

As of today (2024-11-28), the Dividend Yield % of Energy Transfer LP is 6.57%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Energy Transfer LP was 25.58%. The lowest was 2.30%. And the median was 7.71%.

Energy Transfer LP's Dividends per Share for the months ended in Sep. 2024 was $0.32.

During the past 12 months, Energy Transfer LP's average Dividends Per Share Growth Rate was 6.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Energy Transfer LP was 92.30% per year. The lowest was -20.60% per year. And the median was 6.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Energy Transfer LP Dividend Payout Ratio Historical Data

The historical data trend for Energy Transfer LP's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Energy Transfer LP Dividend Payout Ratio Chart

Energy Transfer LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.84

1.64

0.32

0.61

0.97

Energy Transfer LP Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.95	0.84	0.99	1.54	0.99

Competitive Comparison of Energy Transfer LP's Dividend Payout Ratio

For the Oil & Gas Midstream subindustry, Energy Transfer LP's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Energy Transfer LP's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Energy Transfer LP's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Energy Transfer LP's Dividend Payout Ratio falls into.

Energy Transfer LP Dividend Payout Ratio Calculation

Energy Transfer LP's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.235	/	1.269
	=	0.97

Energy Transfer LP's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.32	/	0.322
	=	0.99

Energy Transfer LP (NYSE:ET) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Energy Transfer LP Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Energy Transfer LP's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Energy Transfer LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Energy Transfer LP (NYSE:ET) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

8111 Westchester Drive, Suite 600, Dallas, TX, USA, 75225

Website

https://www.energytransfer.com

Energy Transfer owns one of the largest portfolios of crude oil, natural gas, and natural gas liquid assets in the US, primarily in Texas and the US midcontinent region. Its pipeline network totals 130,000 miles. It also owns gathering and processing facilities, one of the largest fractionation facilities in the US, fuel distribution assets, and the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.

Executives

Thomas E Long	officer: Chief Financial Officer	370 17TH STREET, SUITE 2775, DENVER CO 80202
Kelcy L Warren	director, 10 percent owner
Mccrea Marshall S Iii	director, officer: See Remarks
Thomas P Mason	officer: EVP and General Counsel	3738 OAK LAWN AVE, DALLAS TX 75219
Bradford D. Whitehurst	officer: CFO	100 CONGRESS AVENUE, SUITE 450, AUSTIN TX 78701
Richard D Brannon	director	C/O CH4 ENERGY SIX, LLC, 5128 APACHE PLUME ROAD, SUITE 300, FORT WORTH TX 76109
James M. Wright	officer: EVP, GC & CCO	1300 MAIN STREET, HOUSTON TX 77002
Dylan Bramhall	officer: EVP & Group CFO	8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Michael K Grimm	director	3141 HOOD STREET, SUITE 350, DALLAS TX 75219
Matthew S. Ramsey	director	6002 DEERWOOD, HOUSTON TX 77057
Ray C Davis	director	5950 SHERRY LANE, SUITE 550, DALLAS TX 75225
Ray W Washburne	director	47 HIGHLAND PARK VILLAGE, SUITE 200, DALLAS TX 75205
James Richard Perry	director	1108 LAVACA, SUITE 110 #143, AUSTIN TX 78701
Troy Sturrock	officer: SVP & Controller	1039 NORTH OAK CLIFF BOULEVARD, DALLAS TX 75208
Steven R. Anderson	director	1818 MARKET STREET, SUITE 1500, PHILADELPHIA PA 19103