SmarterDividends
ET-PI

Energy Transfer LP

ET-PI

Energy · Oil & Gas Midstream · Stock · quarterly payer

$10.63

Undervalued · +76% Add to Portfolio

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 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.

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.

ET-PI ex-dividend date & scheduleNext ex-date Aug 4, 2026 · full ex-dividend historyView →ET-PI dividend historyEvery payment, totals by year, raises and cutsView →

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.