Here's How Many Shares of Energy Transfer You Must Own to Get $5,000 in Yearly Dividends

Energy Transfer (NYSE: ET) pays a prodigious cash distribution to its investors. The master limited partnership (MLP) currently yields 6.1%, which is several times higher than the S&P 500's dividend yield of around 1.2%. That means you can generate more income on every dollar you invest in the midstream company. Here's a look at how many units of the MLP you'd need to own to get paid $5,000 each year. You'd also need to be comfortable investing in MLPs, which have some added tax complexities, such as sending investors a Schedule K-1 Federal Tax Form each year.Energy Transfer currently pays its investors $0.3225 per unit each quarter, or $1.29 annually. At that rate, you'd need to own 3,876 units of the MLP to collect $5,000 of annual distributions. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool