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Energy Transfer LP (Energy Transfer LP) 3-Year Dividend Growth Rate

: 5.00% (As of Dec. 2023)
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Energy Transfer LP's Dividends per Share for the three months ended in Dec. 2023 was $0.31.

The historical rank and industry rank for Energy Transfer LP's 3-Year Dividend Growth Rate or its related term are showing as below:

ET' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.6   Med: 6.4   Max: 92.3
Current: 5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Energy Transfer LP was 92.30% per year. The lowest was -20.60% per year. And the median was 6.40% per year.

ET's 3-Year Dividend Growth Rate is ranked worse than
64.8% of 304 companies
in the Oil & Gas industry
Industry Median: 14.5 vs ET: 5.00

During the past 12 months, Energy Transfer LP's average Dividends Per Share Growth Rate was 42.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Energy Transfer LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.84. As of today, Energy Transfer LP's Dividend Yield % is 7.89%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Energy Transfer LP is 0.98, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas Midstream subindustry, Energy Transfer LP's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Energy Transfer LP 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Energy Transfer LP's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Energy Transfer LP's 3-Year Dividend Growth Rate falls into.



Energy Transfer LP 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Energy Transfer LP  (NYSE:ET) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Energy Transfer LP's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.313/ 0.373
=0.84

During the past 13 years, the highest Dividend Payout Ratio of Energy Transfer LP was 1.64. The lowest was 0.32. And the median was 0.78.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Energy Transfer LP is 0.98, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Energy Transfer LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3152024-02-062024-02-072024-02-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.3132023-10-272023-10-302023-11-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.3102023-08-112023-08-142023-08-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.3082023-05-052023-05-082023-05-22Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Energy Transfer LP's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.246/15.77
=7.90 %

Current Share Price is $15.77.
Energy Transfer LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.246.

During the past 13 years, the highest Dividend Yield of Energy Transfer LP was 25.58%. The lowest was 2.21%. And the median was 6.87%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Energy Transfer LP 3-Year Dividend Growth Rate Related Terms>


Energy Transfer LP (Energy Transfer LP) Business Description

Industry
Traded in Other Exchanges
Address
8111 Westchester Drive, Suite 600, Dallas, TX, USA, 75225
Energy Transfer owns a large platform of crude oil, natural gas, and natural gas liquid assets primarily in Texas and the U.S. midcontinent region. It also has gathering and processing facilities, one of the largest fractionation facilities in the U.S., and fuel distribution. Energy Transfer also owns the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.
Executives
Mccrea Marshall S Iii director, officer: See Remarks
Thomas P Mason officer: EVP and General Counsel 3738 OAK LAWN AVE, DALLAS TX 75219
Bradford D. Whitehurst officer: CFO 100 CONGRESS AVENUE, SUITE 450, AUSTIN TX 78701
Kelcy L Warren director, 10 percent owner
Richard D Brannon director C/O CH4 ENERGY SIX, LLC, 5128 APACHE PLUME ROAD, SUITE 300, FORT WORTH TX 76109
James M. Wright officer: EVP, GC & CCO 1300 MAIN STREET, HOUSTON TX 77002
Dylan Bramhall officer: EVP & Group CFO 8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Michael K Grimm director 3141 HOOD STREET, SUITE 350, DALLAS TX 75219
Thomas E Long officer: Chief Financial Officer 370 17TH STREET, SUITE 2775, DENVER CO 80202
Matthew S. Ramsey director 6002 DEERWOOD, HOUSTON TX 77057
Ray C Davis director 5950 SHERRY LANE, SUITE 550, DALLAS TX 75225
Ray W Washburne director 47 HIGHLAND PARK VILLAGE, SUITE 200, DALLAS TX 75205
James Richard Perry director 1108 LAVACA, SUITE 110 #143, AUSTIN TX 78701
Troy Sturrock officer: SVP & Controller 1039 NORTH OAK CLIFF BOULEVARD, DALLAS TX 75208
Steven R. Anderson director 1818 MARKET STREET, SUITE 1500, PHILADELPHIA PA 19103