
Energy Transfer LP
ET-PIEnergy · Oil & Gas Midstream · Stock · quarterly payer
Forward Yield
7.71%
Annual Dividend
$0.84
Payout Ratio
—
5-Yr Growth
—
Ex-Date
Aug 4, 2026
Frequency
Quarterly
Key facts about ET-PI's dividend
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Energy Transfer LP (ET-PI) has a forward dividend yield of 7.71%, based on an annual dividend of $0.84 per share and a share price of $10.63.
- As of Oct 27, 2026, ET-PI's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
- ET-PI has never cut its regular dividend in the payment history SmarterDividends has on record.
- ET-PI's most recent ex-dividend date was Aug 4, 2026, for a dividend of $0.21 per share.
- As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for ET-PI is $18.73 per share, 76% above the $10.63 share price, so ET-PI screens as undervalued.
- Energy Transfer LP (ET-PI) pays its dividend quarterly, 4 times a year.
- Energy Transfer LP (ET-PI) has raised its regular dividend 0 times and cut it 0 times across the 11 payments on record since 2024. The regular dividend has not changed in that time.
Cite this page
SmarterDividends, "ET-PI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/ET-PI
Summary
As of Oct 27, 2026, Energy Transfer LP (ET-PI) yields 7.71% ($0.84 a year per share) and has a dividend safety grade of C (62/100).
Is ET-PI a good dividend stock?
Yes, with caveatsEnergy Transfer LP (ET-PI) pays a quarterly dividend yielding 7.71% ($0.84/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 7.71%
- Payout Ratio
- —
- Annual Dividend
- $0.84
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 4, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.57
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- $10.47 – $12.28
- Dividend Safety
- C · 62/100
- Ever Cut?
- No
ET-PI dividend raises and cuts
Energy Transfer LP (ET-PI) has raised its regular dividend 0 times and cut it 0 times across the 11 payments on record since 2024. The regular dividend has not changed in that time.
Frequently Asked Questions
Is ET-PI a good dividend stock?
Yes, with caveats. Energy Transfer LP (ET-PI) pays a quarterly dividend yielding 7.71% ($0.84/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is ET-PI undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ET-PI's fair value is about $18.73 versus a $10.63 share price — so it looks undervalued (+76% vs. fair value).
Is ET-PI's dividend safe?
ET-PI has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is ET-PI's fair value?
Our blended fair-value estimate for ET-PI is about $18.73 per share, roughly 76% above the current $10.63 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is ET-PI a buy, hold, or sell?
We don't issue formal ratings, but on the data ET-PI screens as "yes, with caveats" and undervalued. Energy Transfer LP (ET-PI) pays a quarterly dividend yielding 7.71% ($0.84/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will ET-PI cut its dividend?
ET-PI earns a dividend-safety grade of C (62/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does ET-PI pay a dividend?
Yes. Energy Transfer LP pays a quarterly dividend of about $0.84 per share annually, a forward yield of roughly 7.71%.
What is ET-PI's dividend yield?
As of Oct 27, 2026, ET-PI's forward dividend yield is 7.71%, based on a $0.84 annual dividend and a $10.63 share price.
What is ET-PI's dividend per share?
As of Oct 27, 2026, ET-PI pays $0.84 per share per year, distributed on a quarterly basis.
How many years has ET-PI grown its dividend?
ET-PI does not currently have a long dividend-growth streak on record.
When is the next ET-PI ex-dividend date?
As of Oct 27, 2026, ET-PI's next ex-dividend date hasn't been announced. The most recent was Aug 4, 2026, for $0.21 per share.
ET-PI Price — Last 12 Months
Daily close
Price Return
1 Year
—
3 Years
—
5 Years
—
52-Week Range
$10.47 – $12.28
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ET-PI worth?
Undervaluedlow confidenceOur blended fair-value estimate for Energy Transfer LP is $18.73 per share, versus a market price of $10.63. That implies 76% of upside — a margin of safety of about 43%.
Fair Value
$18.73
Current Price
$10.63
Upside
+76%
Margin of Safety
43%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.0% discount rate (CAPM), 5.6% growth for five years fading to 2.5% over the next five, $0.84 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ET-PI Dividend Safety Score
Borderline
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
Dividend History
Full ET-PI dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 4, 2026 | Aug 14, 2026 | $0.2111 | regular |
| May 4, 2026 | May 15, 2026 | $0.2111 | regular |
| Feb 4, 2026 | Feb 17, 2026 | $0.2111 | regular |
| Nov 4, 2025 | Nov 14, 2025 | $0.2111 | regular |
| Aug 4, 2025 | Aug 14, 2025 | $0.2111 | regular |
| May 2, 2025 | May 15, 2025 | $0.2111 | regular |
| Feb 4, 2025 | Feb 14, 2025 | $0.2111 | regular |
| Nov 4, 2024 | Nov 14, 2024 | $0.2111 | regular |
| Aug 2, 2024 | Aug 14, 2024 | $0.2111 | regular |
| Apr 30, 2024 | May 15, 2024 | $0.2111 | regular |
| Jan 31, 2024 | Feb 14, 2024 | $0.2111 | regular |
Income Calculator
At $0.84 / yr per share
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