Energy Transfer: Continuously growing dividend yield reaches 6.7%
2026-08-11 18:25:56
According to CoinMeta, Energy Transfer has recently been continuously increasing its dividends, with a current yield of 6.7%. In the midstream energy industry, several well-known as well as less well-known pipeline companies have increased their dividends, and Energy Transfer is among them. The company announced a dividend increase of nearly 1% in July, extending its record of consecutive dividend increases to 19 quarters over the past five years. Energy Transfer's distributable cash flow reached $2.59 billion in the second quarter, an increase from $1.96 billion in the same period last year. The company expects its adjusted EBITDA for the full year of 2026 to reach $18.8 billion to $19.1 billion, which is an upward revision from previous forecasts.
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Source:Internet
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