Energy Transfer LP (NYSE:ET) is recognized as one of the 10 Best Dividend Stocks to Buy in August. The company benefits from a diversified midstream business with strong cash flow, supported by fee-based contracts. Earnings are expected to grow by 5% this year, driven by acquisitions and expansions.

With plans to invest $5 billion in capital projects this year, Energy Transfer LP (NYSE:ET) is set for further growth. New facilities and pipelines will enhance export capacity, leading to stronger earnings growth in 2026 and 2027. The company’s recent dividend hike marks its 14th consecutive quarter of growth.

Despite Energy Transfer LP’s (NYSE:ET) potential, investors may find greater upside in AI stocks. For those seeking undervalued AI opportunities, a report on the best short-term AI stock is available. Stay informed with the latest on the 10 Best and Safe Dividend Stocks to Buy Now and the 10 Stocks with Highest Dividend to Buy Right Now.

Read more at Yahoo Finance: Dividend Investors Shouldn’t Overlook Energy Transfer (ET) This August