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ET Energy Transfer LP — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Energy / Oil & Gas Midstream

$20.25 ▲ $0.36(1.84%) as of Oct 30, 2026 06:20 UTC
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Energy Transfer LP functions as a comprehensive provider of energy infrastructure and associated services. The company operates extensive natural gas networks, including approximately 11,600 miles of intrastate transportation pipelines and an additional 19,830 miles dedicated to interstate transport. Its natural gas storage capabilities encompass three facilities in Texas and another two spanning Texas and Oklahoma. Energy Transfer supplies natural gas to a diverse range of customers, such as electric utilities, independent power producers, local distribution companies, other marketing firms, and various industrial end-users. Beyond transportation, the firm manages substantial infrastructure for gathering, processing, treating, and conditioning natural gas and natural gas liquids (NGLs) across a broad geographic area that includes Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana. This infrastructure also covers natural gas gathering systems in Ohio, and integrated natural gas gathering, oil pipeline, and oil stabilization facilities situated in South Texas. Additionally, the company provides water transport and supply services to natural gas producers in Pennsylvania. In the NGL sector, Energy Transfer possesses approximately 5,215 miles of NGL pipelines, along with facilities for NGL and propane fractionation. Its NGL storage solutions include facilities with a working capacity of around 50 million barrels (MMBbls), supplemented by additional storage assets and terminals totaling about 17 MMBbls. The company is actively involved in the transportation, terminalling, acquisition, and marketing of crude oil, as well as the distribution of refined petroleum products like gasoline, middle distillates, and motor fuels. Complementing these primary operations, Energy Transfer offers specialized services such as natural gas compression, removal of carbon dioxide and hydrogen sulfide, natural gas cooling, dehydration, and British thermal unit (BTU) management. Furthermore, its operations extend to managing coal and other natural resource properties, selling standing timber, leasing coal-related infrastructure, collecting oil and gas royalties, and generating electrical power. Established in 1996 and headquartered in Dallas, Texas, the company officially adopted its current name, Energy Transfer LP, in October 2018, havin

Dividend Snapshot

StatusRecently Increased
Last Dividend$0.3400Paid Aug 19, 2026
Forward Annual$1.36From the $0.3400 dividend declared Jul 27, 2026
FrequencyQuarterly
Last Ex-DateAug 07, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateNov 06, 2026$0.3425, scheduled; no declaration on fileThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.
Next Pay DateNov 19, 2026
1-Yr Growth3.1%Annual totals, 2024–2025
10-Yr Growth2.6%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

78/100

Strong indicators

Complete data

Dividend Growth Score

59/100

Moderate growth record

Complete data

Dividend Value Score

48/100

Near own historical valuation

Complete data

DividendRank

64/100

Upper middle of the scale

Complete data

How the Dividend Safety Score is built for ET
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Operating cash flow payout ratioOperating cash flow payout ratio 39% (TTM to Jun 30, 2026) 100 35%
Net debt / EBITDANet debt / EBITDA 4.2x (TTM to Jun 30, 2026) 68 25%
Interest coverageInterest coverage, EBITDA basis 4.7x (TTM to Jun 30, 2026) 64 10%
Dividend record20 years of uninterrupted regular payments; last cut Nov 5, 2020 (-50.0%), within 10 years: capped at 50 50 20%
Operating cash flow stabilityOperating cash flow positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: master limited partnership. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for ET
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 4.3% (2020–2025) 67 25%
Consecutive annual increases4 consecutive annual increases (through 2025) 52 20%
Payout headroomHeadroom from the operating cash flow payout ratio 39% (TTM to Jun 30, 2026) 100 20%
Operating cash flow per share growth (3 years)Operating cash flow per share CAGR -1.6% (FY2022–FY2025) 32 15%
Revenue growth (3 years)Revenue CAGR -2.8% (FY2022–FY2025) 23 10%
10-year dividend growth10-year dividend CAGR 2.6% (2015–2025) 51 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: master limited partnership. Formula version 2026-10-19.4.

How the Dividend Value Score is built for ET
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 26th percentile of its 120 month-end yields 26 40%
P/OCF vs own 5-year medianP/OCF 5.8 is 1.27x its 5-year median of 4.6 19 25%
Operating cash flow yieldOperating cash flow yield 17.4% (TTM to Jun 30, 2026) 100 20%
P/OCF vs peersP/OCF 5.8 vs peer median 8.4 (0.70x; 11 mlp / Energy securities) 88 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: master limited partnership. Formula version 2026-10-19.4.

Key Metrics

Current Yield

6.72%

At the Oct 30, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$1.3600

Declared Jul 27, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

53

As of Oct 30, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$16.21 – $21.73

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

82.13%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

20

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

1.97

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 78/100, yield 6.72%.
A Accelerating
4 consecutive years of dividend increases.
F Flawless
A calendar year's regular dividend total fell more than 20% below the year before.
E Enduring
20 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume6,548,389Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$20.20Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$20.03 – $20.54Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$20.04Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$69.71BAs of Oct 30, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out3.44BImplied by market cap, Oct 30, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$1.6912 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)12.6Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateAug 07, 2026Paid Aug 19, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateNov 06, 2026Pays Nov 19, 2026; scheduled, not yet declaredThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)14.8%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)4.3%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases4 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose15Since Mar 2006
Rank among payers737of 2,430 with a record
Years it fell over 20%1in 18 comparable years
Of peers with 10 to 24 up years75%also cut at some point

ET has raised its annual dividend in 15 separate years since March 2006, which ranks 737 among the 2,430 payers with a comparable record in our dataset. In 1 year the annual total fell by more than a fifth.

Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.

Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.

Why the Yield Moved (90 Days)

ET's dividend yield rose from 6.71% to 6.72% over the past ~90 days (+0.01 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.01 pp from the share price ($20.28 on Aug 03, 2026 → $20.25 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current6.72%
1-Yr Average7.13%
Low / High6.26% – 8.20%
Percentile24%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), ET's current yield is higher than approximately 24% of them. Our stored price history for ET covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.3425 Q Regular upcoming, not yet declared N/A Nov 06, 2026 Nov 06, 2026 Nov 19, 2026
$0.3400 Q Regular Jul 27, 2026 Aug 07, 2026 Aug 07, 2026 Aug 19, 2026
$0.3375 Q Regular Apr 27, 2026 May 08, 2026 May 08, 2026 May 20, 2026
$0.3350 Q Regular Jan 27, 2026 Feb 06, 2026 Feb 06, 2026 Feb 19, 2026
$0.3325 Q Regular Oct 28, 2025 Nov 07, 2025 Nov 07, 2025 Nov 19, 2025
$0.3300 Q Regular Jul 24, 2025 Aug 08, 2025 Aug 08, 2025 Aug 19, 2025
$0.3275 Q Regular Apr 23, 2025 May 09, 2025 May 09, 2025 May 20, 2025
$0.3250 Q Regular Jan 27, 2025 Feb 07, 2025 Feb 07, 2025 Feb 19, 2025
$0.3225 Q Regular Oct 28, 2024 Nov 08, 2024 Nov 08, 2024 Nov 19, 2024
$0.3200 Q Regular Jul 25, 2024 Aug 09, 2024 Aug 09, 2024 Aug 19, 2024
$0.3175 Q Regular Apr 24, 2024 May 10, 2024 May 13, 2024 May 20, 2024
$0.3150 Q Regular Jan 25, 2024 Feb 06, 2024 Feb 07, 2024 Feb 20, 2024
$0.3125 Q Regular Oct 20, 2023 Oct 27, 2023 Oct 30, 2023 Nov 20, 2023
$0.3100 Q Regular Jul 25, 2023 Aug 11, 2023 Aug 14, 2023 Aug 21, 2023
$0.3075 Q Regular Apr 26, 2023 May 05, 2023 May 08, 2023 May 22, 2023
$0.3050 Q Regular Jan 25, 2023 Feb 06, 2023 Feb 07, 2023 Feb 21, 2023
$0.2650 Q Regular Oct 25, 2022 Nov 03, 2022 Nov 04, 2022 Nov 21, 2022
$0.2300 Q Regular Jul 26, 2022 Aug 05, 2022 Aug 08, 2022 Aug 19, 2022
$0.2000 Q Regular Apr 26, 2022 May 06, 2022 May 09, 2022 May 19, 2022
$0.1750 Q Regular Jan 25, 2022 Feb 07, 2022 Feb 08, 2022 Feb 18, 2022
$0.1530 Q Regular Oct 26, 2021 Nov 04, 2021 Nov 05, 2021 Nov 19, 2021
$0.1530 Q Regular Jul 22, 2021 Aug 05, 2021 Aug 06, 2021 Aug 19, 2021
$0.1530 Q Regular Apr 22, 2021 May 10, 2021 May 11, 2021 May 19, 2021
$0.1525 Q Regular Jan 28, 2021 Feb 05, 2021 Feb 08, 2021 Feb 19, 2021
$0.1525 Q Regular Oct 26, 2020 Nov 05, 2020 Nov 06, 2020 Nov 19, 2020
$0.3050 Q Regular Jul 28, 2020 Aug 06, 2020 Aug 07, 2020 Aug 19, 2020
$0.3050 Q Regular Mar 31, 2020 May 06, 2020 May 07, 2020 May 19, 2020
$0.3050 Q Regular Jan 27, 2020 Feb 06, 2020 Feb 07, 2020 Feb 19, 2020
$0.3050 Q Regular Oct 24, 2019 Nov 04, 2019 Nov 05, 2019 Nov 19, 2019
$0.3050 Q Regular Jul 25, 2019 Aug 05, 2019 Aug 06, 2019 Aug 19, 2019
$0.3050 Q Regular Apr 25, 2019 May 06, 2019 May 07, 2019 May 20, 2019
$0.3050 Q Regular Jan 29, 2019 Feb 07, 2019 Feb 08, 2019 Feb 19, 2019
$0.3050 Q Regular Oct 29, 2018 Nov 07, 2018 Nov 08, 2018 Nov 19, 2018
$0.3050 Q Regular Jul 26, 2018 Aug 03, 2018 Aug 06, 2018 Aug 20, 2018
$0.3050 Q Regular Apr 26, 2018 May 04, 2018 May 07, 2018 May 21, 2018
$0.3050 Q Regular Jan 29, 2018 Feb 07, 2018 Feb 08, 2018 Feb 20, 2018
$0.2950 Q Regular Oct 26, 2017 Nov 06, 2017 Nov 07, 2017 Nov 20, 2017
$0.2850 Q Regular Jul 27, 2017 Aug 03, 2017 Aug 07, 2017 Aug 21, 2017
$0.2850 Q Regular Apr 28, 2017 May 08, 2017 May 10, 2017 May 19, 2017
$0.2850 Q Regular Jan 26, 2017 Feb 03, 2017 Feb 07, 2017 Feb 20, 2017
$0.2850 Q Regular Oct 27, 2016 Nov 03, 2016 Nov 07, 2016 Nov 18, 2016
$0.2850 Q Regular Jul 28, 2016 Aug 04, 2016 Aug 08, 2016 Aug 19, 2016
$0.2850 Q Regular Apr 26, 2016 May 04, 2016 May 06, 2016 May 19, 2016
$0.2850 Q Regular Jan 27, 2016 Feb 04, 2016 Feb 08, 2016 Feb 19, 2016
$0.2850 Q Regular Oct 26, 2015 Nov 03, 2015 Nov 05, 2015 Nov 19, 2015
$0.2650 Q Regular Jul 23, 2015 Aug 04, 2015 Aug 06, 2015 Aug 19, 2015
$0.4900 Q Regular Apr 28, 2015 May 06, 2015 May 08, 2015 May 19, 2015
$0.4500 Q Regular Jan 26, 2015 Feb 04, 2015 Feb 06, 2015 Feb 19, 2015
$0.4150 Q Regular Oct 21, 2014 Oct 30, 2014 Nov 03, 2014 Nov 19, 2014
$0.3800 Q Regular Jul 24, 2014 Jul 31, 2014 Aug 04, 2014 Aug 19, 2014
$0.3590 Q Regular Apr 23, 2014 May 01, 2014 May 05, 2014 May 19, 2014
$0.3463 Q Regular Jan 29, 2014 Feb 05, 2014 Feb 07, 2014 Feb 19, 2014
$0.6725 Q Regular Oct 23, 2013 Oct 31, 2013 Nov 04, 2013 Nov 19, 2013
$0.6550 Q Regular Jul 25, 2013 Aug 01, 2013 Aug 05, 2013 Aug 19, 2013
$0.6450 Q Regular Apr 24, 2013 May 02, 2013 May 06, 2013 May 17, 2013
$0.6350 Q Regular Jan 28, 2013 Feb 05, 2013 Feb 07, 2013 Feb 19, 2013
$0.6250 Q Regular Oct 25, 2012 Nov 02, 2012 Nov 06, 2012 Nov 16, 2012
$0.6250 Q Regular Jul 26, 2012 Aug 02, 2012 Aug 06, 2012 Aug 17, 2012
$0.6250 Q Regular Apr 24, 2012 May 02, 2012 May 04, 2012 May 18, 2012
$0.6250 Q Regular Jan 25, 2012 Feb 03, 2012 Feb 07, 2012 Feb 17, 2012
$0.6250 Q Regular Oct 25, 2011 Nov 02, 2011 Nov 04, 2011 Nov 18, 2011
$0.6250 Q Regular Jun 30, 2011 Aug 03, 2011 Aug 05, 2011 Aug 19, 2011
$0.5600 Q Regular Apr 26, 2011 May 04, 2011 May 06, 2011 May 19, 2011
$0.5400 Q Regular Jan 27, 2011 Feb 03, 2011 Feb 07, 2011 Feb 18, 2011
$0.5400 Q Regular Oct 28, 2010 Nov 04, 2010 Nov 08, 2010 Nov 19, 2010
$0.5400 Q Regular Jul 28, 2010 Aug 05, 2010 Aug 09, 2010 Aug 19, 2010
$0.5400 Q Regular Apr 27, 2010 May 05, 2010 May 07, 2010 May 19, 2010
$0.5400 Q Regular Jan 28, 2010 Feb 04, 2010 Feb 08, 2010 Feb 19, 2010
$0.5350 Q Regular Oct 28, 2009 Nov 05, 2009 Nov 09, 2009 Nov 19, 2009
$0.5350 Q Regular Jul 28, 2009 Aug 05, 2009 Aug 07, 2009 Aug 19, 2009
$0.5250 Q Regular Apr 28, 2009 May 06, 2009 May 08, 2009 May 19, 2009
$0.5100 Q Regular Jan 26, 2009 Feb 04, 2009 Feb 06, 2009 Feb 19, 2009
$0.4800 Q Regular Oct 31, 2008 Nov 06, 2008 Nov 10, 2008 Nov 19, 2008
$0.4800 Q Regular Jul 24, 2008 Aug 05, 2008 Aug 07, 2008 Aug 19, 2008
$0.4400 Q Regular Apr 24, 2008 May 01, 2008 May 05, 2008 May 19, 2008
$0.5500 Q Regular Dec 18, 2007 Jan 30, 2008 Feb 01, 2008 Feb 19, 2008
$0.3900 Q Regular Sep 26, 2007 Oct 03, 2007 Oct 05, 2007 Oct 19, 2007
$0.3725 Q Regular Jun 20, 2007 Jun 28, 2007 Jul 02, 2007 Jul 19, 2007
$0.3560 Q Regular Mar 28, 2007 Apr 04, 2007 Apr 09, 2007 Apr 16, 2007
$0.3400 Q Regular Dec 20, 2006 Jan 03, 2007 Jan 04, 2007 Jan 19, 2007
$0.3125 Q Regular Sep 25, 2006 Oct 03, 2006 Oct 05, 2006 Oct 19, 2006
$0.2375 Q Regular May 09, 2006 Jun 28, 2006 Jun 30, 2006 Jul 19, 2006
$0.0578 Q Regular Mar 13, 2006 Mar 29, 2006 Mar 31, 2006 Apr 19, 2006

Peer Comparison

Selected Oil & Gas Midstream dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
HESM Hess Midstream LP 9.90% 10.8% 7 yrs 77
WES Western Midstream Partners, LP 8.12% 18.3% 4 yrs 76
EE Excelerate Energy, Inc. 1.03% N/A 2 yrs 70
EPD Enterprise Products Partners L.P. 5.74% 3.9% 26 yrs 70

ET dividend — frequently asked questions

Does Energy Transfer LP pay a dividend?

Yes. Energy Transfer LP (ET) currently pays a dividend. The annualized dividend is about $1.36 per share, a yield of approximately 6.72%.

What is Energy Transfer LP's dividend yield?

Energy Transfer LP's dividend yield is approximately 6.72%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Energy Transfer LP pay dividends?

Energy Transfer LP pays dividends quarterly — 4 times per year.

When is Energy Transfer LP's next ex-dividend date?

The next scheduled ex-dividend date for Energy Transfer LP is November 6, 2026; no declaration is on file yet. The associated payment is $0.3425 per share; you must own the shares before the ex-dividend date to receive it.

How long has Energy Transfer LP paid dividends?

Energy Transfer LP has 20 years of dividend payments on record, and has increased its dividend for 4 consecutive years.

Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.