Key Points Energy Transfer specializes in the transportation and storage of natural gas, crude oil, and natural gas liquids (NGLs). It's a major supplier of energy for data centers, too. 10 stocks we like better than Energy Transfer › We all want extra income, right? That can be especially true in retirement, but even working folks can put extra income to good use. A fine stock to consider for passive income is Energy Transfer (NYSE: ET) , which was sports a hefty dividend yield of 6.2%. If you're seeking $1,000 in annual income, how many shares of Energy Transfer would you need? Well, the current annual dividend for the stock is $1.36. So divide $1,000 by that and you'll arrive at 735.
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