Energy Transfer
ET (NYSE)
Energy Transfer (ET) stands out as a strong dividend payer within the energy sector, boasting an impressive yield of nearly 8%. Despite some recent underperformance, with a 1-year return of -9.48%, the stock is regarded as undervalued and has potential for growth, particularly as analysts project a median 12-month price target of $19.00. Investors seeking reliable income may find ET appealing, especially given its historical 5-year return of 177.43%.
Pros:
- High dividend yield
- Strong historical returns over five years
Cons:
- Recent negative performance
- Complex business structure and reliance on crude oil prices
Energy Transfer (ET) may be suitable for income-focused investors looking for high dividend yields, as it offers a competitive 7.99% yield. However, potential investors should be mindful of its recent volatility and consider the stock's historical performance and analysts' growth projections before making a decision.