Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,830 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,215 miles of NGL pipeline; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 17 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. The company was founded in 1996 and is headquartered in Dallas, Texas.
Energy Transfer Dividend Announcement
• Energy Transfer announced a quarterly dividend of $0.32 per ordinary share which will be made payable on 2024-11-19. Ex dividend date: 2024-11-08
• Energy Transfer annual dividend for 2024 was $1.28
• Energy Transfer annual dividend for 2023 was $1.24
• Energy Transfer's trailing twelve-month (TTM) dividend yield is 9.24%
• Energy Transfer's payout ratio for the trailing twelve months (TTM) is 110.76%
• Energy Transfer's dividend growth over the last five years (2018-2023) was 0.24% year
• Energy Transfer's dividend growth over the last ten years (2013-2023) was -7.20% year
Energy Transfer Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.32 | quarterly | 2024-11-19 |
2024-08-09 | $0.32 | quarterly | 2024-08-19 |
2024-05-10 | $0.32 | quarterly | |
2024-02-06 | $0.32 | quarterly | 2024-02-20 |
2023-10-27 | $0.31 | quarterly | 2023-11-20 |
2023-08-11 | $0.31 | quarterly | 2023-08-21 |
2023-05-05 | $0.31 | quarterly | 2023-05-22 |
2023-02-06 | $0.30 | quarterly | 2023-02-21 |
2022-11-03 | $0.27 | quarterly | 2022-11-21 |
2022-08-05 | $0.23 | quarterly | 2022-08-19 |
2022-05-06 | $0.20 | quarterly | 2022-05-19 |
2022-02-07 | $0.17 | quarterly | 2022-02-18 |
2021-11-04 | $0.15 | quarterly | 2021-11-19 |
2021-08-05 | $0.15 | quarterly | 2021-08-19 |
2021-05-10 | $0.15 | quarterly | 2021-05-19 |
2021-02-05 | $0.15 | quarterly | 2021-02-19 |
2020-11-05 | $0.15 | quarterly | 2020-11-19 |
2020-08-06 | $0.30 | quarterly | 2020-08-19 |
2020-05-06 | $0.30 | quarterly | 2020-05-19 |
2020-02-06 | $0.30 | quarterly | 2020-02-19 |
2019-11-04 | $0.30 | quarterly | 2019-11-19 |
2019-08-05 | $0.30 | quarterly | 2019-08-19 |
2019-05-06 | $0.30 | quarterly | 2019-05-20 |
2019-02-07 | $0.30 | quarterly | 2019-02-19 |
2018-11-07 | $0.30 | quarterly | 2018-11-19 |
2018-08-03 | $0.30 | quarterly | 2018-08-20 |
2018-05-04 | $0.30 | quarterly | 2018-05-21 |
2018-02-07 | $0.30 | quarterly | 2018-02-20 |
2017-11-06 | $0.29 | quarterly | 2017-11-20 |
2017-08-03 | $0.28 | quarterly | 2017-08-21 |
2017-05-08 | $0.28 | quarterly | 2017-05-19 |
2017-02-03 | $0.28 | quarterly | 2017-02-20 |
2016-11-03 | $0.28 | quarterly | 2016-11-18 |
2016-08-04 | $0.28 | quarterly | 2016-08-19 |
2016-05-04 | $0.28 | quarterly | 2016-05-19 |
2016-02-04 | $0.28 | quarterly | 2016-02-19 |
2015-11-03 | $0.28 | quarterly | 2015-11-19 |
2015-08-04 | $0.27 | quarterly | 2015-08-19 |
2015-05-06 | $0.49 | quarterly | 2015-05-19 |
2015-02-04 | $0.45 | quarterly | 2015-02-19 |
2014-10-30 | $0.41 | quarterly | 2014-11-19 |
2014-07-31 | $0.38 | quarterly | 2014-08-19 |
2014-05-01 | $0.36 | quarterly | 2014-05-19 |
2014-02-05 | $0.35 | quarterly | 2014-02-19 |
2013-10-31 | $0.67 | quarterly | 2013-11-19 |
2013-08-01 | $0.66 | quarterly | 2013-08-19 |
2013-05-02 | $0.65 | quarterly | 2013-05-17 |
2013-02-05 | $0.64 | quarterly | 2013-02-19 |
Energy Transfer Dividend per year
Energy Transfer Dividend growth
Energy Transfer Dividend Yield
Energy Transfer current trailing twelve-month (TTM) dividend yield is 9.24%. Interested in purchasing Energy Transfer stock? Use our calculator to estimate your expected dividend yield:
Energy Transfer Financial Ratios
Energy Transfer Dividend FAQ
Other factors to consider when evaluating Energy Transfer as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Energy Transfer's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Energy Transfer publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Energy Transfer distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Energy Transfer are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Energy Transfer sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Energy Transfer distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Energy Transfer declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Energy Transfer's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Energy Transfer's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.