Energy Transfer LP 9.250% Fixed Rate Preferred Unit declares $0.2111 quarterly dividend
Energy Transfer LP has declared a quarterly dividend of $0.2111 per share for its 9.250% fixed rate preferred unit (ET.PR.I). The dividend, representing an annualized yield of approximately 7.31%, will be payable on August 14 to shareholders of record as of August 4. Shareholders will go ex-dividend on the same date. This announcement reflects Energy Transfer's continued commitment to maintaining its preferred unit dividends amid ongoing market conditions affecting energy infrastructure firms. The yield remains attractive compared to broader fixed-income markets, potentially supporting investor interest in this segment.
Tickers: $ET
Topics: dividends preferred_shares