Energy Transfer LP
ET-PIEnergy · Stock · quarterly payer
Forward Yield
7.41%
Annual Dividend
$0.84
Payout Ratio
—
5-Yr Growth
—
Ex-Date
Aug 4, 2026
Frequency
Quarterly
Summary
As of September 2026, Energy Transfer LP (ET-PI) yields 7.41% ($0.84 per share annually), with a blended fair-value estimate of $21.53 — +88% upside, so it screens as undervalued. Dividend safety grade: B (69/100).
Is ET-PI a good dividend stock?
Yes, with caveatsEnergy Transfer LP (ET-PI) pays a quarterly dividend yielding 7.41% ($0.84/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 7.41%
- Payout Ratio
- —
- Annual Dividend
- $0.84
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 4, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.56
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- $11.12 – $12.28
- Dividend Safety
- B · 69/100
- Ever Cut?
- No
Frequently Asked Questions
ET-PI Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
+24%
5 Years
—
52-Week Range
$11.12 – $12.28
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ET-PI worth?
Undervaluedlow confidenceOur blended fair-value estimate for Energy Transfer LP is $21.53 per share, versus a market price of $11.48. That implies 88% of upside — a margin of safety of about 47%.
Fair Value
$21.53
Current Price
$11.48
Upside
+88%
Margin of Safety
47%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.1% discount rate (CAPM), 5.7% stage-1 growth, 2.5% terminal growth, $0.84 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ET-PI Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 4, 2026 | — | $0.2111 | regular |
| May 4, 2026 | — | $0.2111 | regular |
| Feb 4, 2026 | — | $0.2111 | regular |
| Nov 4, 2025 | — | $0.2111 | regular |
| Aug 4, 2025 | — | $0.2111 | regular |
| May 2, 2025 | — | $0.2111 | regular |
| Feb 4, 2025 | — | $0.2111 | regular |
| Nov 4, 2024 | — | $0.2111 | regular |
| Aug 2, 2024 | — | $0.2111 | regular |
| Apr 30, 2024 | — | $0.2111 | regular |
| Jan 31, 2024 | — | $0.2111 | regular |
Income Calculator
At $0.84 / yr per share
