Energy Transfer (ET) Raises Quarterly Dividend 14.8% to $0.175; 7.5% Yield

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Go back to Energy Transfer (ET) Raises Quarterly Dividend 14.8% to $0.175; 7.5% Yield

Energy Transfer Announces Increase in Quarterly Cash Distribution

January 25, 2022 5:25 PM EST

Distribution Represents 15 Percent Increase Compared to Prior Quarter

DALLAS--(BUSINESS WIRE)-- Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.175 per Energy Transfer common unit ($0.70 on an annualized basis) for the fourth quarter ended December 31, 2021, which will be paid on February 18, 2022 to unitholders of record as of the close of business on February 8, 2022.

The distribution is an approximately 15% increase over the previous quarter and represents the first step in Energy Transfers plan to return additional value to unitholders while maintaining its target leverage... More