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This 9.9%-Yielding Dividend Stock Is Keeping Its Passive-Income Growth Engine Well Fueled

This 9.9%-Yielding Dividend Stock Is Keeping Its Passive-Income Growth Engine Well Fueled

Energy Transfer (NYSE: ET) has grown into one of the country's largest midstream players. This massive energy infrastructure network generates enormous recurring cash flows, giving the master limited partnership (MLP) the money to pay a generous distribution that currently yields 9.9%. Energy Transfer expects to continue growing its already massive system in the coming years.