The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Sep 02, 2026
Snapshot (as of Sep 02, 2026): Energy Transfer LP (ET) pays a $1.35 annual dividend ($0.34 quarterly), yielding 6.28% at $21.42/share. Next ex-dividend date 2026-08-07. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 6.28%
Annual Dividend: $1.35 per share
Payout Ratio: 82.1%
Ex-Dividend Date: 2026-08-07
Dividend Frequency: quarterly
Sector: Energy
Years of Dividend History: 21
Energy Transfer LP dividend investors are looking at one of the largest midstream pipeline networks in the United States, spanning over 31,000 miles of natural gas transportation infrastructure. ET currently pays a 6.35% yield, with a trailing annual dividend rate of $1.3450 per share paid quarterly. The next ex-dividend date is August 7, 2026. With a beta of 0.562, ET stock moves at roughly half the volatility of the broader market, which suits income-focused investors who prioritize steadier price behavior over high growth.
Energy Transfer LP pays out 82.1% of earnings as dividends, a payout ratio classified as high (above 75%). That level is supported by the company's role as a fee-based infrastructure operator, moving natural gas, NGLs, and crude oil across an extensive network that serves electric utilities, industrial end-users, and local distribution companies. Energy Transfer LP dividend safety faces its clearest pressure from that payout ratio itself: at 82.1%, there is limited cushion if earnings decline, and the dividend history already shows one cut in 2020 and a sharp drop in 2021.
Energy Transfer LP dividend history shows a CAGR of 6.1% per year from 2010 to 2025. Per-share payments grew from $0.5400 to $1.3160 over that period (2026 is a partial year and excluded from the CAGR calculation). The largest annual increase in the window was 42.1% in 2023, though the history also includes year-over-year declines, most notably the drop from $1.2200 in 2019 to $1.0680 in 2020.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +14.8% | $0.87 (2022) | $1.32 (2025) |
| 5-Year | +4.3% | $1.07 (2020) | $1.32 (2025) |
| 10-Year | +2.6% | $1.02 (2015) | $1.32 (2025) |
ET stock fits income-focused investors who want a high yield from essential energy infrastructure and can accept an elevated payout ratio. At 6.35%, the current yield is well above the high (above 4%) classification threshold and sits meaningfully above ET's own 5-year average yield of 5.01%. The four consecutive years of dividend increases since 2022 show a recovery from the 2020-2021 cuts, but the 82.1% payout ratio means the dividend has limited room to absorb an earnings shock. What an investor gets here is a large, fee-based pipeline network generating above-average income. What they accept is a payout structure that has been cut before and leaves little margin for error.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-07 | $0.3400 |
| 2026-05-08 | $0.3375 |
| 2026-02-06 | $0.3350 |
| 2025-11-07 | $0.3330 |
| 2025-08-08 | $0.3300 |
| 2025-05-09 | $0.3280 |
| 2025-02-07 | $0.3250 |
| 2024-11-08 | $0.3230 |
| 2024-08-09 | $0.3200 |
| 2024-05-10 | $0.3180 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.0125 |
| 2025 | $1.3160 |
| 2024 | $1.2760 |
| 2023 | $1.2360 |
| 2022 | $0.8700 |
Project income from ET with the ET dividend calculator or track your full portfolio with the dividend tracker.