Advertisement
UK markets open in 2 hours 8 minutes
  • NIKKEI 225

    38,342.14
    -890.66 (-2.27%)
     
  • HANG SENG

    16,279.56
    -320.90 (-1.93%)
     
  • CRUDE OIL

    85.88
    +0.47 (+0.55%)
     
  • GOLD FUTURES

    2,401.00
    +18.00 (+0.76%)
     
  • DOW

    37,735.11
    -248.13 (-0.65%)
     
  • Bitcoin GBP

    50,189.82
    -2,036.51 (-3.90%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • NASDAQ Composite

    15,885.02
    -290.08 (-1.79%)
     
  • UK FTSE All Share

    4,338.90
    -14.76 (-0.34%)
     

Is Energy Transfer's 18.7%-Yielding Dividend Sustainable?

Is Energy Transfer's 18.7%-Yielding Dividend Sustainable?

Energy Transfer (NYSE: ET) pays a monster cash distribution. Energy Transfer's distribution was a key topic on its second-quarter conference call. CFO Thomas Long discussed the payout, noting that the company announced its latest one in July, which at $0.305 per unit, was consistent with what it paid the prior quarter.