- Q3 2016: Peak quarterly distribution of $0.285 ($1.14 annualized)
- Q1 2018: Reduced to $0.153 quarterly during sector restructuring
- Q3 2021: First post-pandemic increase to $0.1525 quarterly
- Q2 2023: Reached $0.2550 quarterly as debt ratio improved to 4.1x
- Q1 2025: Current $0.3125 quarterly with management signaling continued growth
ET Stock Dividend Analysis

ET stock currently offers an 8.1% dividend yield with quarterly payments averaging $0.3125 per share. Our analysis unpacks Energy Transfer's 10-year dividend history, forecasts potential 5-7% annual dividend growth through 2026, and outlines specific ex-dividend timing strategies that both novice and experienced investors can implement for immediate income enhancement.
Energy Transfer LP (ET) currently delivers an 8.1% dividend yield, significantly outperforming the S&P 500's average 1.4% yield. This midstream energy giant distributed $0.3125 per unit in its most recent quarterly payment, translating to $1.25 annually. Investors using Pocket Option's dividend tracking tools can monitor these substantial payments that have made ET a cornerstone holding for income portfolios despite energy market fluctuations.
The et stock dividend history demonstrates resilience through market cycles. While ET reduced distributions during the 2017 energy downturn from $0.285 to $0.153 per quarter, the company has since rebuilt its payout to current levels, supported by strengthened balance sheet metrics and improved cash flow coverage ratios exceeding 1.8x.
ET Dividend Aspect | Current Data (2025) |
---|---|
Annual Yield | 8.1% (vs. S&P 500 at 1.4%) |
Quarterly Payment | $0.3125 per unit |
Distribution Coverage | 1.83x (Q4 2024) |
Tax Treatment | Partnership distribution (K-1) |
Examining the et stock dividend history reveals critical insights for income investors. Since 2014, ET has paid $11.86 per unit in total distributions despite navigating three major industry downturns. During the 2020 pandemic, when many energy companies suspended dividends entirely, ET maintained a reduced $0.153 quarterly payout, demonstrating its commitment to providing shareholder returns even in challenging environments.
Pocket Option's historical dividend charting reveals ET's distribution progression through these key phases, allowing investors to visualize payment stability compared to competitors like EPD (3.5% CAGR) and MMP (4.1% CAGR) over the same period.
ET's dividend recovery has followed a methodical path:
This restoration pattern demonstrates ET management's balanced approach between financial stabilization and shareholder returns. Investors using Pocket Option's comparison tools can identify similar recovery patterns when evaluating other midstream operators like MPLX (7.3% yield) or DCP (6.8% yield).
Period | Quarterly Distribution | Financial Context |
---|---|---|
2014-2016 | $0.285 (peak) | Debt/EBITDA: 5.8x, DCF coverage: 0.9x |
2017-2020 | $0.153 (reduced) | Debt/EBITDA: 5.2x, DCF coverage: 1.7x |
2021-2023 | $0.175-$0.255 | Debt/EBITDA: 4.6x, DCF coverage: 1.8x |
2024-Present | $0.3125 (current) | Debt/EBITDA: 4.1x, DCF coverage: 1.83x |
Current et stock dividend forecast models from major analysts project 5-7% annual distribution growth through 2026, supported by ET's $2.1 billion in excess free cash flow after existing distributions. With 75% of ET's revenue derived from fee-based contracts insulated from commodity price fluctuations, dividend stability forecasts remain strong despite potential energy market volatility.
- Distribution Coverage Ratio: Current 1.83x vs. industry average 1.6x indicates 12% additional distribution capacity
- Free Cash Flow Yield: 12.3% for 2024 supports potential distribution increases without additional leverage
- Secured Growth Projects: $5.4 billion capital program through 2026 with 7x EBITDA multiple expectations
- Debt Reduction: $3.2 billion net debt decrease since 2021 improves financial flexibility
The et stock dividend forecast must account for ET's 2024 strategic acquisitions, which add approximately $800 million in annual EBITDA. Pocket Option's projection tools indicate these additions could support distribution increases to $0.36 quarterly by Q4 2026, representing a potential yield on current cost of nearly 9.3%.
Forecast Metric | ET Current Value | Industry Benchmark | Forecast Impact |
---|---|---|---|
DCR Trend | 1.83x | 1.6x industry average | Supports 12% distribution increase capacity |
FCF Yield | 12.3% | 8.7% peer average | $2.1B excess cash for distributions/buybacks |
Contract Structure | 75% fee-based | 65% industry average | Higher cash flow certainty for distribution planning |
Leverage Ratio | 4.1x | 4.5x peer average | Increased financial flexibility for returning capital |
When evaluating whether et stock a buy decision is justified, current valuation metrics provide compelling evidence. Trading at 9.2x forward EV/EBITDA versus the midstream sector average of 10.5x, ET offers both value and income potential. Pocket Option's comparison tools highlight this 12% valuation discount despite ET's superior distribution coverage and growth prospects.
Quantitative buy indicators for ET include:
- 8.1% current yield (3.2x higher than MLPA midstream index average)
- 12.3% free cash flow yield supports both distribution growth and unit repurchases
- $5.4 billion growth project backlog expected to generate $770 million additional EBITDA by 2026
- 9.2x EV/EBITDA valuation (12% discount to peer average) creates margin of safety
- Insider purchases of 450,000 units by executives in Q4 2024 signal management confidence
Balanced against these positives, investors must consider ET's K-1 tax complexity, regulatory risks affecting pipeline approvals, and potential long-term energy transition challenges. These factors explain the valuation discount but may present opportunity for income-focused investors with appropriate risk tolerance.
Investor Profile | ET Allocation Recommendation | Expected Outcome |
---|---|---|
Income-focused retiree | 5-7% of income portfolio | 8.1% current yield with 5-7% annual growth potential |
Growth & income balance | 3-5% of total portfolio | Yield plus potential 15-20% price appreciation to fair value |
Long-term accumulation | 2-4% with DRIP enrollment | 12.5% potential compound annual return (yield plus growth) |
ESG-focused investor | Limited exposure (0-2%) | Higher yield but potential transition risk in 2030+ timeframe |
Understanding the et stock ex dividend date calendar creates tactical advantages for income investors. ET's next ex-dividend date is April 4, 2025, with a record date of April 6 and payment date of May 15. Pocket Option users can implement specific strategies around these dates to optimize their income capture approaches.
Historical price action shows ET shares typically decline 0.7-0.9% on ex-dividend dates, less than the 0.78% quarterly dividend value, creating potential arbitrage opportunities:
- Purchase by April 3, 2025: Qualifies for $0.3125 May payment (8.1% annualized yield)
- Strategic purchase on April 4, 2025: Historical 0.7-0.9% price decline provides potential entry discount
- Options strategy: Selling covered calls with April 11 expiration captures dividend plus premium
Professional dividend investors using Pocket Option's calendar integration tools develop systematic approaches to ET's quarterly dividend cycle. By analyzing the last eight ex-dividend dates, a pattern emerges: ET shares typically recover their ex-dividend price adjustment within 7-9 trading days, faster than the sector average of 11 days.
Strategy | Implementation Timeline | Historical Results (Last 4 Quarters) |
---|---|---|
Pre-Ex-Date Accumulation | Purchase 5-7 days before ex-date | +1.3% average price appreciation plus dividend |
Ex-Date Dip Buying | Purchase on ex-date morning | +0.9% average 10-day return (missed dividend) |
Dividend Capture with Options | Buy shares, sell covered calls before ex-date | Dividend plus 1.2-1.8% option premium |
DRIP Enrollment Timing | Toggle DRIP setting before record date | 8.1% yield plus dollar-cost-averaging benefit |
The et stock dividend pay date schedule allows for precise income planning. ET distributes quarterly payments approximately 45 days after the quarter ends, with the upcoming schedule:
- Q1 2025: May 15, 2025 payment ($0.3125 per unit)
- Q2 2025: August 14, 2025 payment (projected $0.325 per unit)
- Q3 2025: November 13, 2025 payment (projected $0.335 per unit)
- Q4 2025: February 12, 2026 payment (projected $0.345 per unit)
Pocket Option's dividend calendar automatically displays these dates, enabling precise cash flow planning. For investors managing multiple income sources, coordinating ET's payments with other holdings creates steady monthly income streams despite quarterly payment schedules.
Cash Flow Strategy | Implementation With ET | Expected Outcome |
---|---|---|
Income Staggering | Pair ET (Feb/May/Aug/Nov) with stocks paying in alternate months | Monthly income flow despite quarterly payments |
Reinvestment Timing | Auto-reinvest ET dividends into index funds on payment date | Capture ET yield while maintaining diversification |
Expense Matching | Align 100 units ($31.25 quarterly) with specific bill payments | Dedicated income sources for regular expenses |
Tax Planning | Use ET's K-1 distribution structure to maximize tax efficiency | Portion of distribution treated as return of capital |
Beyond individual analysis, the et stock dividend represents a strategic component within a diversified income approach. Investors using Pocket Option typically allocate 3-7% of their income portfolios to ET, balancing its higher yield against its energy sector concentration and MLP tax structure.
Optimal portfolio integration strategies include:
- Sector balancing: Combining ET's 8.1% yield with REITs (4.2% average), utilities (3.0%), and dividend growth stocks (2.1%) creates diversified income sources
- Asset location optimization: Holding ET in taxable accounts leverages return of capital tax benefits, while keeping fixed income in tax-advantaged accounts
- Volatility hedging: ET's 1.45 beta requires balancing with lower-volatility income sources like preferred stocks (beta 0.4-0.6)
- Reinvestment strategy: Selectively reinvesting ET distributions during price dips below 200-day moving average enhances long-term returns
The et stock dividend currently offers investors an 8.1% yield with 5-7% projected annual growth through 2026. This combination delivers potential double-digit total returns while generating substantial current income. Energy Transfer's improved balance sheet metrics, expanding asset base, and consistent distribution coverage above 1.8x support continued dividend reliability despite energy sector volatility.
Successful dividend investors look beyond headline yield to understand the underlying business fundamentals. ET's discounted valuation (9.2x EV/EBITDA versus 10.5x peer average), growing distributable cash flow ($2.1 billion excess after current dividends), and strategic positioning across natural gas, NGLs, and crude oil infrastructure create a compelling case for income-focused portfolios.
Pocket Option provides comprehensive tools for dividend investors, including ex-dividend calendars, distribution history tracking, and comparative yield analysis. Whether you're building a retirement income stream, implementing dividend capture strategies, or seeking total return opportunities, ET's dividend characteristics offer valuable portfolio benefits that merit careful consideration within your broader investment approach.
FAQ
What factors determine if ET stock dividend is sustainable?
ET stock dividend sustainability rests on four quantifiable metrics: its current 1.83x distribution coverage ratio (well above the 1.6x industry average), $2.1 billion annual excess free cash flow after distributions, 75% fee-based contract structure that insulates revenue from commodity price swings, and improved 4.1x debt/EBITDA ratio (down from 5.8x in 2016). Pocket Option's analytical dashboard highlights these metrics, showing ET can maintain its 8.1% yield even if energy prices decline 30% from current levels.
How does the ET stock ex dividend date affect trading strategies?
The ET stock ex dividend date (next occurring April 4, 2025) creates specific trading opportunities. Historical data shows ET shares typically decline only 0.7-0.9% on ex-dividend dates despite the 0.78% quarterly dividend value, creating potential arbitrage. Investors must purchase before April 3 to receive the upcoming $0.3125 payment. Alternative strategies include buying the ex-date dip (which historically recovers within 7-9 trading days) or implementing options strategies like covered calls that capture both dividend income and option premium.
What historical patterns appear in ET stock dividend history?
ET stock dividend history reveals a clear four-phase pattern: growth to $0.285 quarterly (2014-2016), reduction to $0.153 during sector restructuring (2017-2020), methodical recovery to $0.255 (2021-2023), and current growth phase at $0.3125 (2024-present). These adjustments correlate directly with balance sheet metrics, as ET's distribution coverage improved from 0.9x to 1.83x and debt/EBITDA decreased from 5.8x to 4.1x. Unlike competitors who completely suspended dividends during downturns, ET maintained reduced payments even during the 2020 pandemic.
Is ET stock a buy based on dividend characteristics alone?
ET stock presents a compelling buy case based on its dividend profile combined with valuation metrics. Its 8.1% current yield (3.2x higher than the midstream index average) is supported by 1.83x distribution coverage and $2.1 billion excess free cash flow. Trading at 9.2x EV/EBITDA (12% discount to peers) creates potential price appreciation alongside dividend growth. Most investors should limit allocation to 3-7% of portfolios due to energy sector concentration, with higher allocations (5-7%) appropriate for income-focused retirees seeking substantial current yield with moderate growth potential.
How can investors track ET stock dividend pay date information efficiently?
Investors can precisely track ET stock dividend pay date information through Pocket Option's automated calendar system, which displays the complete schedule: May 15, 2025 ($0.3125), August 14, 2025 (projected $0.325), November 13, 2025 (projected $0.335), and February 12, 2026 (projected $0.345). Advanced investors create complementary income streams by pairing ET's February/May/August/November payment schedule with holdings that pay in alternate months, generating monthly income despite quarterly payment cycles. For tax planning, the system flags ET's K-1 distribution structure, which typically classifies 30-40% of payments as tax-advantaged return of capital.