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Energy Transfer LP Dividends

ET Stock Analysis

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Section title

Dividend Yield
7.82%
Payout Ratio
106.30%
Dividend Amount Per Share
$1.27
Last Ex-Dividend Date
Aug 09, 2024

ET Dividend Safety

ET paid out 106.30% of its $4B earnings as dividends over the last 12 months.

Unsafe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

ET's Dividend Payout Ratio of 106.303% is considered high for the Energy sector, potentially restricting the funds available for reinvestment and threatening future growth.

Interest Rate Coverage

ET's Interest Coverage Ratio of 5.885 indicates strong financial health with easy coverage of interest expenses.

Income Quality

ET shows excellent income quality with a ratio of 1.805. This indicates high-quality earnings and low risk of dividend cuts.

ET Dividend Growth

Energy Transfer LP(ET) offers a dividend yield of 7.82% and pays $1.27 in dividends per share. Explore the historical dividend growth of ET.

Dividend Stability

ET has shown inconsistent dividend payments over the past 10 years with 1 cuts over 5%.

Dividend Growth

ET's dividend payments have shown very poor growth, growing by 0.965% over the last 5 years.

Earnings Growth

ET's earnings have shown very poor growth, shrinking by -4.288% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

ET Dividend Yield Attractiveness

Energy Transfer LP(ET) provides a dividend yield of 7.82%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

Sector

Peers

Industry

ET

5.69%

5.90%

6.01%

7.82%

Dividend Yield

ET's dividend yield of 7.82% is considered good compared to the sector average of 5.687%, providing a strong safety margin for investors.

ET Cash Flow

Over the past 12 months, ET generated $84B in revenue, produced $7B in free cash flow, and distributed $4B in dividends.

100%75%50%25%0%

Free Cash Flow Growth

ET's free cash flow has grown by 25.738% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.

ET Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Energy Transfer LP. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.