Energy Transfer Dividend
Dividend criteria checks 4/6
Energy Transfer is a dividend paying company with a current yield of 8.97%.
Key information
9.0%
Dividend yield
116%
Payout ratio
Industry average yield | 4.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$1.05 |
Dividend yield forecast | 10.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ET.PRD's dividend payments have been volatile in the past 10 years.
Growing Dividend: ET.PRD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Energy Transfer Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ET.PRD) | 9.0% |
Market Bottom 25% (US) | 1.4% |
Market Top 25% (US) | 4.3% |
Industry Average (Oil and Gas) | 4.1% |
Analyst forecast (ET.PRD) (up to 3 years) | 10.1% |
Notable Dividend: ET.PRD's dividend (8.97%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: ET.PRD's dividend (8.97%) is in the top 25% of dividend payers in the US market (4.8%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116%), ET.PRD's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.6%), ET.PRD's dividend payments are covered by cash flows.