Energy Transfer Supercharges Its Ultra-High-Yield Payout Again. Is It a Good Buying Opportunity?

Energy Transfer Supercharges Its Ultra-High-Yield Payout Again. Is It a Good Buying Opportunity?

Energy Transfer (NYSE: ET) is giving its investors another raise. The master limited partnership (MLP) recently declared its latest distribution, a 15% increase from the prior payment level. Energy Transfer's new payment level is $0.305 per unit each quarter ($1.22 a year).