Energy Transfer LP
ETEnergy · Stock · quarterly payer
$19.62
Add to PortfolioForward Yield
6.80%
Annual Dividend
$1.34
Payout Ratio
110%
5-Yr Growth
1.5%
Ex-Date
May 8, 2026
Frequency
Quarterly
ET Dividend Safety Score
55/ 100
Grade C
Borderline
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage110% of earnings paid out
Balance-sheet strengthDebt/equity of 1.42
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is ET a good dividend stock?
MixedEnergy Transfer LP (ET) pays a quarterly dividend yielding 6.80% ($1.34/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- 84% total price return over 5 years
Risks
- Cut its dividend in 2021
- Elevated payout ratio (110%)
Key Data
- Dividend Yield
- 6.80%
- Payout Ratio
- 110%
- Annual Dividend
- $1.34
- 5-Yr Avg Growth
- 1.5%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.54
- Market Cap
- $67.5B
- P/E Ratio
- 16.4
- 5-Yr Total Return
- 84%
- 52-Week Range
- $16.18 – $20.70
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $0.3380 | regular |
| Feb 6, 2026 | — | $0.3350 | regular |
| Nov 7, 2025 | — | $0.3330 | regular |
| Aug 8, 2025 | — | $0.3300 | regular |
| May 9, 2025 | — | $0.3280 | regular |
| Feb 7, 2025 | — | $0.3250 | regular |
| Nov 8, 2024 | — | $0.3230 | regular |
| Aug 9, 2024 | — | $0.3200 | regular |
| May 10, 2024 | — | $0.3180 | regular |
| Feb 6, 2024 | — | $0.3150 | regular |
| Oct 27, 2023 | — | $0.3130 | regular |
| Aug 11, 2023 | — | $0.3100 | regular |
| May 5, 2023 | — | $0.3080 | regular |
| Feb 6, 2023 | — | $0.3050 | regular |
Income Calculator
At $1.34 / yr per share
Per payment (quarterly)$33.50
Annual$134.00
Monthly avg$11.17
