Energy Transfer offers a high-yielding distribution of around 7.5% with stable cash flow and a strong financial profile. The MLP is set for growth with $5 billion in expansion projects this year, including gas processing plants and a new natural gas pipeline. Energy Transfer’s conservative payout ratio and strong financial position make its payout durable, allowing for 3-5% annual distribution increases. Despite its growth, the MLP trades at a low valuation compared to peers, making it an attractive investment for those seeking a lucrative and growing passive income stream.
Read more at Yahoo Finance: Is Energy Transfer the Smartest Investment You Can Make Today?