Trailing Dividend / Share
$1.29
Energy Transfer LP (ET) Dividend History
Income profile from 2006 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
6.9%
Payout Ratio
96.4%
At Risk
Dividend Streak
4 years
ET Dividend Income Check
Safety
96.4% payout ratio with at risk safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 21.6% and trend is rising.
ET Dividend Scorecard
Yield & Income
Dividend Yield6.9%
Trailing DPS$1.29
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout96.4%
Earnings SafetyAt Risk
FCF Payout80.5%
FCF SafetyStretched
Piotroski F-Score5/9
Growth
Growth Streak4 years
3Y CAGR14.8%
5Y CAGR4.3%
Yield on Cost (5Y)21.6%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield6.9%
1Y Total Return12.3%
5Y Total Return131.3%
Div Contribution (5Y)53.7%
Estimated $10K growth (return + dividends):
5Y ago$23,12710Y ago$24,55320Y ago$55,803
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
ET Income Growth Story
Dividend per share and yield on cost over time (21 years of payments)
ET Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Energy Transfer LP distributes 96.4% of earnings as dividends (At Risk). When measured against free cash flow—a stricter test—the payout ratio stands at 80.5%, rated "Stretched".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
ET has raised its dividend for 4 consecutive years, with a 3-year CAGR of 14.8% and 5-year CAGR of 4.3%.
Total Shareholder Returns
Beyond cash dividends, ET returns capital through share repurchases. The combined picture: 6.9% dividend yield, 6.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 21.6% and is currently rising. The 5-year total return is 131.3%, with dividends contributing 53.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $24,553 today.
Elevated payout ratio — dividend sustainability should be monitored closely.
ET Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$5.67
Avg/Payment$0.2836
Latest Change+0.7%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 8, 2026Latest | $0.3375 | ↑ +0.7% | 6.90% | May 20, 2026 |
| Feb 6, 2026 | $0.3350 | ↑ +0.8% | 7.39% | Feb 19, 2026 |
| Nov 7, 2025 | $0.3325 | ↑ +0.8% | 7.99% | Nov 19, 2025 |
| Aug 8, 2025 | $0.3300 | ↑ +0.8% | 7.55% | Aug 19, 2025 |
| May 9, 2025 | $0.3275 | ↑ +0.8% | 7.52% | May 20, 2025 |
| Feb 7, 2025 | $0.3250 | ↑ +0.8% | 6.45% | Feb 19, 2025 |
| Nov 8, 2024 | $0.3225 | ↑ +0.8% | 7.37% | Nov 19, 2024 |
| Aug 9, 2024 | $0.3200 | ↑ +0.8% | 8.08% | Aug 19, 2024 |
ET Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
6.9%
#4 of 9
Safety
At Risk
96.4% payout
Streak
4Y
4.3% 5Y CAGR
Total Shareholder
6.9%
#4 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| ETEnergy Transfer LP | $64.5B | 6.9% | 96.4% | 4 | At Risk |
 EPDEnterprise Products … | $79.1B | 5.8% | 80.5% | 28 | Watch |
2nd  PAAPlains All American … | $15.1B | 7.1% | 74.6% | 4 | Watch |
1st  WESWestern Midstream Pa… | $16.9B | 8.3% | 1.2% | 4 | Sustainable |
3rd  MPLXMPLX Lp | $57.7B | 6.9% | 81.8% | 4 | Watch |
 KMIKinder Morgan, Inc. | $70.3B | 3.7% | 85.2% | 8 | At Risk |
 OKEONEOK, Inc. | $53.6B | 4.8% | 76.1% | 3 | Watch |
 WMBThe Williams Compani… | $89.4B | 2.7% | 93.3% | 8 | At Risk |
 TRPTC Energy Corporatio… | $70.5B | 3.5% | 99.7% | 0 | At Risk |
ET Annual Dividend History (2004–2026)
23 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.67 | — | 2 | — | — | — | 11.0% |
| 2025 | $1.32 | 3.1% | 4 | $1.35 | 97.4% | 1.03x | 21.6% |
| 2024 | $1.28 | 3.2% | 4 | $1.28 | 99.6% | 1.00x | 20.9% |
| 2023 | $1.24 | 42.0% | 4 | $1.09 | 113.3% | 0.88x | 20.2% |
| 2022 | $0.87 | 42.6% | 4 | $1.40 | 62.1% | 1.61x | 14.3% |
| 2021 | $0.61 | -42.9% | 4 | $1.89 | 32.3% | 3.10x | 10.0% |
| 2020 | $1.07 | -12.5% | 4 | $-0.24 | — | — | 17.5% |
| 2019 | $1.22 | 0.0% | 4 | $1.33 | 91.7% | 1.09x | 20.0% |
| 2018 | $1.22 | 6.1% | 4 | $1.16 | 105.2% | 0.95x | 20.0% |
| 2017 | $1.15 | 0.9% | 4 | $0.80 | 143.7% | 0.70x | 18.9% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into ET consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
20+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
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ET — Frequently Asked Questions
Quick answers to the most common questions about buying ET stock.
How much dividend does ET pay per share?
Energy Transfer LP (ET) pays a trailing 12-month dividend of $1.29 per share, with a current dividend yield of +6.9%. Payments are made Semi-Annual.
When is ET's next ex-dividend date?
ET's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. ET typically pays dividends Semi-Annual.
Is ET's dividend safe?
ET's dividend safety is rated "At Risk" based on an earnings payout ratio of +96.4% and FCF payout ratio of +80.5%. The 4-year growth streak provides moderate confidence.
Is ET a Dividend Payer?
Yes, Energy Transfer LP is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is +4.3%, demonstrating modest dividend growth.
How often does ET pay dividends?
Energy Transfer LP pays dividends Semi-Annual. The trailing 12-month total is $1.29 per share. Dividend data on this page covers 20+ years from 2006 to 2026.
How much would $10,000 invested in ET grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in ET five years ago would be worth approximately $23,127 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is ET's yield on cost for long-term holders?
ET's yield on cost — the current dividend divided by the original purchase price — is +21.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +6.9% market yield, thanks to consistent dividend growth.