Updated
Updated · MarketWatch · Apr 27Energy Transfer raises quarterly cash distribution to 33.75 cents per unit
5 articles · Updated · MarketWatch · Apr 27
- The new payout marks a 0.7% increase from the previous 33.50 cents, now totaling $1.35 annually per unit.
- This distribution, yielding about 7.1% based on Monday's $19.05 closing price, will be paid on May 20 to shareholders of record as of May 8.
- The move reflects Energy Transfer's ongoing commitment to shareholder returns, with no previous distribution increases reported this quarter.
With a tiny 0.7% dividend hike, is Energy Transfer's growth promise already stalling? Is Energy Transfer's 7.1% yield a trap for investors given its massive spending plans? How will the AI data center boom reshape America's energy map by 2030? Can the climate afford the massive emissions from new gas pipelines built for AI? Is the AI revolution becoming dangerously dependent on fossil fuels?