"Top Ultra-High-Yield Dividend Stocks: Energy Transfer's Strong Performance and Potential Upside"

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Source: Yahoo Finance
"Top Ultra-High-Yield Dividend Stocks: Energy Transfer's Strong Performance and Potential Upside"
Photo: Yahoo Finance
TL;DR Summary

Energy Transfer offers a high-yield dividend stock with an 8.5% yield and potential for price appreciation, making it an attractive investment for those with $1,000 or less. The company's stable cash flow, low payout ratio, and strong balance sheet support its high-yielding distribution, with plans to increase its distribution by 3% to 5% annually. Energy Transfer's dirt-cheap valuation and potential catalysts, such as unit repurchases and project approvals, provide upside potential. This makes it a compelling option for investors seeking a strong and steadily rising income stream with meaningful price-appreciation potential.

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