ET - How To Earn $500 A Month From Energy Transfer Stock | Benzinga
Energy Transfer LP (NYSE: ET) shares closed higher on Thursday as investors assessed the OPEC+ decision.
The Organization of the Petroleum Exporting Countries and its allies collectively decided to implement an additional supply cut of 1 million barrels a day, reinforcing Saudi Arabia's recent extension of its equivalent voluntary oil reduction.
On Nov. 1, Energy Transfer posted weaker-than-expected earnings for its third quarter.
With the recent buzz around Energy Transfer, some investors may be eyeing potential gains from the company’s dividends. As of now, Energy Transfer offers an annual dividend yield of 9%, which is a quarterly dividend amount of 31.25 cents per share ($1.25 a year).
So, how can investors exploit its dividend yield to pocket a regular ...