Energy Transfer LP As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
ET $1.24 17.0% 73.8% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Oil & Gas Storage & Transportation 9.0% 2 0.3% Quarter 2006

Energy Transfer Equity (ETE) will raise its quarterly distribution to $0.295 per unit. Its the first increase since 2015 for the MLP.

The new distribution will be paid on November 20, 2017 to unitholders of record on November 7, 2017. The new distribution yield for ETE is 6.7%.

Energy Transfer Equity, L.P. is a master limited partnership that owns the general partner and 100% of the incentive distribution rights (IDRs) of Energy Transfer Partners, L.P. (ETP) and Sunoco LP (SUN). ETE also owns Lake Charles LNG Company. On a consolidated basis, ETE’s family of companies owns and operates a diverse portfolio of natural gas, natural gas liquids, crude oil and refined products assets, as well as retail and wholesale motor fuel operations and LNG terminalling.