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Energy Transfer Showcases Why It Can Continue Growing Its 9.7%-Yielding Payout

Energy Transfer Showcases Why It Can Continue Growing Its 9.7%-Yielding Payout

Energy Transfer (NYSE: ET) recently increased its already mammoth distribution. The MLP produces massive cash flow, which helps power this view. Meanwhile, it produced around $2 billion of distributable cash flow, about even with the prior-year period.