Energy Transfer (NYSE: ET) is a top source of passive income with a distribution yield of 7.5%, making it ideal for generating passive income. The MLP has been increasing its cash distribution each quarter and expects 7% to 10% earnings growth this year. With a strong financial position and growth potential, Energy Transfer offers high income and growth opportunities. While the Motley Fool did not include Energy Transfer in its top 10 stocks, the MLP’s potential for total returns makes it a compelling investment option for those seeking passive income and growth.
Read more at Nasdaq: Why I Can’t Stop Buying Energy Transfer These Days
