Is Energy Transfer LP a good dividend stock?

Energy Transfer LP (ET) is a dividend-paying stock with a current dividend yield of 6.65%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is ET's dividend yield?

The dividend yield for ET stock is currently 6.65%.

How much does ET pay in dividends per year?

Energy Transfer LP pays an annual dividend of $1.3350 per share over the trailing twelve months.

How often does ET pay dividends?

ET stock pays dividends quarterly.

Is ET's dividend growing?

Energy Transfer LP's 3-year dividend CAGR is 6.43%.

ET Stock Price, Chart, Stats & News

Energy Transfer LP

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Overview Dividend safety Dividends Fundamentals Calculator

Energy Transfer LP (ET) is a dividend-paying stock with a current dividend yield of 6.65% as of Jul 14, 2026. It pays $1.34 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 11.84% 5-year compound annual rate.

69.06B

Market cap

16.73x

Current P/E

11.70x

Forward P/E

6.65%

Dividend yield

$1.34

ET dividend

Dividend safety

At-risk

ET pays out about 111% of earnings, leaving little safety margin.

See the safety analysis

ET chart

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Fundamentals

Gross margin	21.79%
Operating margin	11.42%
Pretax margin	7.61%
Net margin	5.93%
Effective tax rate	3.53%
ROA	3.46%
ROE	14.09%
D/E	2.08x
Interest coverage ratio	2.84x

All financials

ET valuation

P/E	16.73x
P/S	0.82x
P/B	2.09x
P/CF	7.07x
P/FCF	17.60x
P/OCF	7.07x
PEG	1.66x
EV multiple	-0.18x

About

Energy Transfer LP functions as a comprehensive provider of energy infrastructure and associated services. The company operates extensive natural gas networks, including approximately 11,600 miles of intrastate transportation pipelines and an additional 19,830 miles dedicated to interstate transport. Its natural gas storage capabilities encompass three facilities in Texas and another two spanning Texas and Oklahoma.