Energy Transfer offers a 7.5% distribution yield with a strong financial profile. Plains All American and Western Midstream have even higher yields and potential for faster payout increases. Plains All American Pipeline moves 8 million barrels of oil and NGLs per day and maintains a similar cash flow profile to Energy Transfer, with plans to increase payouts by 10% annually. Western Midstream focuses on natural gas and oil services, generating predictable cash flow to support its high dividend, aiming for low to mid-single-digit annual growth. These MLPs offer better income options for investors seeking high yields and potential growth.

Read more at Nasdaq, Inc.: Forget Energy Transfer? The Smartest High-Yield Energy Stocks to Buy With $100 Right Now.