Energy Transfer stands out in the midstream energy sector with its impressive 7.2% dividend yield, striking a balance between returning capital and growth opportunities.
The broader stock market is experiencing a strong rally with all three major indices increasing by at least 2%, signaling a potential shift from tariff concerns to earnings optimism.
"Utilities continue to grow their dividends at an impressive rate," said Morningstar energy and utility analysts Travis Miller and Andrew Bischof. "Nearly all utilities have already announced dividend increases for 2025 or are on track to announce increases in the near future."