Advertisement
Canada markets close in 2 hours 49 minutes
  • S&P/TSX

    22,172.68
    +65.60 (+0.30%)
     
  • S&P 500

    5,250.48
    +1.99 (+0.04%)
     
  • DOW

    39,762.95
    +2.87 (+0.01%)
     
  • CAD/USD

    0.7388
    +0.0015 (+0.20%)
     
  • CRUDE OIL

    82.74
    +1.39 (+1.71%)
     
  • Bitcoin CAD

    95,717.91
    +2,155.55 (+2.30%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,241.30
    +28.60 (+1.29%)
     
  • RUSSELL 2000

    2,128.01
    +13.66 (+0.65%)
     
  • 10-Yr Bond

    4.1930
    -0.0030 (-0.07%)
     
  • NASDAQ

    16,374.87
    -24.65 (-0.15%)
     
  • VOLATILITY

    12.97
    +0.19 (+1.49%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • CAD/EUR

    0.6837
    +0.0032 (+0.47%)
     

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.