Energy Transfer is on track to produce between $10.6 billion and $10.8 billion of adjusted EBITDA in 2019, which would be about 12.5% above 2018's level. MSCI ESG Quality Score (0-10) as of 07/Jan/2021 6.84 MSCI ESG Quality Score - Peer Percentile as of - - MSCI ESG % Coverage as of 07/Jan/2021 98.98 Additionally, fair values are calculated. Since, the book has gone through 30 printing runs. The Dividend Growth Journey continues: $521.74 of dividend income, a nasty 50% dividend cut from ET, purchases of 6 companies adding $367 to my PADI., and the Dividend Safety Score improved to 61.3. As of the first quarter, it was around 4.7 times. And in 2016, the Institute for Financial Literacy named it “Book of the Year.”. By submitting your email address, you will receive a free subscription to Wealthy Retirement, and offers from us and our affiliates that we think might interest you. Energy Transfer has a solid distribution-paying history. Date: March 22, 2018 SafetyNet Pro does not like to see cash flow declining. Energy Transfer (NYSE:ET) is not only the largest master limited partnership (MLP), but it also pays one of the highest-yielding distributions in the energy sector at 8.7%. A score of 50 is average, 75 or higher is excellent, and 25 or lower is weak. Marc Lichtenfeld Talks About Gary Cohn’s ResignationOutlet: Fox Business These moves not only allow Energy Transfer to borrow money at cheaper rates but also increase its access to credit, which improves the long-term sustainability of its distribution. As a quick rule of thumb, I view dividend payout ratios below 60% as sustainable. For example, if the company you're looking at is earning $5 per share and is paying $2.50 per share we would say the dividend cover is 2x or the dividend payout ratio is 50%. Energy Transfer also has a lot of debt. Energy Transfer’s cash available for distribution (CAD), a measure of cash flow for MLPs, had been steadily rising, but it is expected to take a detour lower this year. Energy Transfer LP (ET) Dividend Safety | Seeking Alpha ET - Energy Transfer LP 6.83 -0.02 (-0.29%) Stock Advisor launched in February of 2002. Description: Marc appears on Fox Business’ Mornings With Maria segment to discuss Gary Cohn’s resignation. Franklin (BEN) reported earnings on April 30, providing a first look into the impacts of March's market turmoil on the active fund manager. Take a look at both the earnings per share (EPS) and dividend per share (DPS). If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock’s dividend to increase. Dividend-Paying Stocks in the S&P 1500 Index Click on a column name to sort. It has raised the distribution many times since it began paying one in 2006, although it doesn’t do so every year. A Safe ETF Dividend Yield: Invesco KBW Bank ETF (KBWB) – 4% dividend yield Invesco KBW Bank ETF (KBWB) provides one of … Dividend Safety Scores range from 0 to 100. Marc’s mission is to help every one of them generate a safe and steady stream of retirement income that never runs out. The last raise was in 2017. While the other 10% to 15% does have some variability due to the volatility of oil and gas prices, Energy Transfer's cash flows are much more stable than those of most energy companies. Zacks. As such, the next dividend date prediction is presented for informational purposes only as a research tool. (Energy Transfer is a master limited partnership, or MLP. In early 2018, Marc released his second book, You Don’t Have to Drive an Uber in Retirement: How to Maintain Your Lifestyle without Getting a Job or Cutting Corners, which hit No. On the other end of the spectrum, stocks with Dividend Safety Scores between 61-80 and 81-100 achieved an average return of 22%, and less than 25% of these stocks recorded a negative total return in 2016. Login Sign out Register Profile. Click here for a printer-friendly version of this chart. Stock search. Thank you for signing up for Wealthy Retirement. Description: Marc makes a guest appearance on Bloomberg Radio to discuss America’s retirement crisis. BSD and Quadrix scores are percentile rankings, with 100 the highest score. I understand why investors may be interested in buying shares of Energy Transfer (NYSE: ET).In a volatile market, ET stock has an eye-popping dividend yield of 14.73% as I write this article. Bio. Newsletter FAQs | privacy policy, Energy Transfer (NYSE: ET) is a favorite of income-seeking investors due to the stock’s strong distribution yield. Check out my current Dividend Growth Portfolio and the full overview of all the stocks I hold in it. Dividend yield: 1.7%; DIVCON score: 71.5; No dividend stock gets a higher safety score from DIVCON than Dolby Laboratories (DLB, $52.98). On the other end of the spectrum, stocks with Dividend Safety Scores between 61-80 and 81-100 achieved an average return of 22%, and less than 25% of these stocks recorded a negative total return in 2016. 27, 2020 9:00 AM ET AWR, CBSH, CINF... 143 Comments 165 Likes. 8% Income Portfolio – Second Quarter Update; Home Depot Vs. Lowe’s; 6% Income, Low-Risk Portfolio; The Passive DGI Portfolio: Review And Updates; AT&T Vs. Verizon – Which One Is A Better Investment? Dividend Safety Rating: C The most comprehensive dividend stock destination on the web. A score of 50 is average, 75 or higher is excellent, and 25 or lower is weak. var d = new Date(); Meanwhile, with lots of growth up ahead, Energy Transfer should soon be in the position where it can start increasing its payout once again. In other words, sticking with stocks that scored higher for Dividend Safety gave a much better chance of earning a meaningfully positive return. The MLP has worked hard to get that metric down over the past year. Usually when a payout approaches a double-digit yield, it's a cause for concern. MLPs pay distributions, not dividends.) Thank you for subscribing to Wealthy Retirement. However, the company could reduce the distribution by half and it would still have a very attractive yield of nearly 8%. A stock's rating on its dividend yield is calculated by evaluating similar stocks in the same sector, and ranking it compared to its peers. Mar. Energy Transfer pays an annual dividend of $0.61 per share, with a dividend yield of 9.73%. MLPs pay distributions, not dividends.). I’m not expecting a cut. Marc was also a senior columnist at Jim Cramer’s TheStreet. Contains profiles, news, research, data, and ratings for thousands of dividend-paying stocks. Meanwhile, it has a long list of projects in development, which should continue pushing cash flow higher in the years to come. The current dividend commitment is $2.4 billion annually, according to Dan Levy, a senior research equity analyst at Credit Suisse. To learn more about Marc’s books, check out our Best Finance Books. Read more for all the details. If you want to feature Marc, please reach out on our contact page. 50 Retirement Quotes: Inspirational and Funny Retirement Sayings, Marc Lichtenfeld Talks About Gary Cohn’s Resignation, Marc Lichtenfeld Discusses America’s Retirement Crisis. Last year, it paid out just 39% of CAD in distributions. Page coming back soon! Energy Transfer LP (NYSE: ET) today announced a quarterly cash distribution of $0.1525 per ET common unit ($0.61 on an annualized basis) for the fourth quarter ended December 31, 2020. SafetyNet Pro is a groundbreaking tool that predicts dividend cuts with stunning accuracy. Your email is safe with us. He is an author, speaker and financial guru to 500,000 readers who receive his publications each week. Category: Television This rating, on a scale of 1 (Poor) to 5 (Excellent) comprises 50% of the total score: Energy Transfer has invested billions of dollars in recent years to expand its midstream footprint. During the first quarter, the company generated $1.656 billion in cash and paid out $800 million of that money to its investors, meaning it covered its distribution by 2.07 times. The consensus 2019 earnings estimate is $9.76 a … This indicator measures a stock's current dividend yield, and compares it to similar stocks and historical yields. Market data powered by FactSet and Web Financial Group. A few of his appearances are below…. Dividend Safety Rating; About; Return to Content. In other words, sticking with stocks that scored higher for Dividend Safety gave a much better chance of earning a meaningfully positive return. Moody's, for example, revised Energy Transfer's credit outlook from negative to stable late last year while putting it on review for an upgrade. Currently, Marc is the Chief Income Strategist at Wealthy Retirement and The Oxford Club. That caused the company to borrow lots of money to help fund its growth, which pushed its leverage ratio to an uncomfortably high level of more than 5.5 times debt to EBITDA in 2017. That's a big improvement from the sub-one times coverage it had before acquiring its MLP last year. That’s a hefty debt load to support, especially if cash flow is declining. Due to the lower CAD expected this year, the payout ratio will likely climb to 59%, which is still an acceptable level. Firstly earnings. @themotleyfool #stocks $ET, High-Yielding Energy Stocks Are Surging on COVID-19 Vaccine News Today, Energy Transfer's Earnings Improve With Market Conditions, Why Energy Transfer Units Dropped as Much as 10% Today, Energy Transfer Slices its Distribution in Half, Copyright, Trademark and Patent Information. Check back at 8:30 a.m. So if Energy Transfer did lower the distribution, it wouldn’t be a total shock. That will enable the MLP to retain $2.5 billion to $3 billion of excess cash per year that it can use to invest in expansion projects, pay down debt, or repurchase its units. Pepsi (NYSE:PEP): We recently published an article titled ‘Get on the Elevator, Pepsi’s Yield Is Moving Up‘. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. To learn more about SafetyNet Pro and The Oxford Income Letter, click here now. Energy Transfer pays out 42.07% of its earnings out as a dividend. Get access to all of the retirement secrets and income strategies from our experts! Typically, the higher the Dividend Safety Score the lower the dividend yield. The dividend score is the likelihood that a company will cut its dividend. Exclusive to Simply Safe Dividends, Dividend Safety Scores were created by our founder, Brian Bollinger, who is a CPA and former partner at a multi-billion dollar investment firm. For example, there have been five dividend payments of 30.5 cents per share from Aug. 19, 2019, to Aug. 20, 2020. document.getElementById("date").innerHTML = d.getFullYear(); Further, the company's stable earnings should continue expanding in the coming years as it completes more expansion projects. View our privacy policy and newsletter FAQs. It takes that offense very seriously and will penalize a company’s rating because if the slide continues, the company could see its distribution become unaffordable. If you have a stock whose dividend safety rating you’d like me to analyze, leave the ticker symbol in the comments section. Access to SafetyNet Pro is reserved exclusively for subscribers of Marc’s newsletter, The Oxford Income Letter. Marc Lichtenfeld Discusses America’s Retirement CrisisOutlet: Bloomberg Radio After getting his start on the trading desk at Carlin Equities, he moved over to Avalon Research Group as a senior analyst. 5 Dividend ETFs for Safety and Higher Yields. He has appeared on CNBC, Fox Business and Yahoo Finance. Dolby is a … The dividend screener features dynamic metrics long term growth and makes it visibe using dynamic charts. Predicted Next Dividend Ex-Date For ET: November 6th. Meanwhile, Fitch and S&P Global have both upgraded the company's credit to investment grade in the past several months. Don't pay more than it's worth. Last September, JPMorgan Chase, which yields 3.1%, boosted its quarterly dividend to 80 cents a share from 56 cents. Welcome! Date: March 22, 2018 Energy Transfer currently expects to invest $5 billion on expansions this year, which will help drive growth in 2020 and beyond. Is excellent, and 25 or lower is weak which should continue expanding in 1.7., although it doesn ’ t do so every year I view dividend payout ratio is 5.94 use... Of the Year. ” ratings created specifically for ETF investors and advisors to get that metric down over past... 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