Energy Transfer LP Dividends
The next dividend date for Energy Transfer LP has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Energy Transfer LP (ET)
More About Energy Transfer LP
Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States. It operates through Intrastate Transportation and Storage; Interstate Transportation and Storage; Midstream; Natural Gas Liquid (NGL) and Refined Products Transportation and Services; Crude Oil Transportation and Services; Investment in Sunoco LP; Investment in USA Compression Partners, LP (USAC); and All Other segments. The company owns and operates natural gas transportation pipelines and storage facilities; and approximately 12,200 miles of intrastate natural gas transportation pipelines and 20,090 miles of interstate natural gas pipelines. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. In addition, the company owns and operates natural gas gathering pipelines, processing plants, and treating and conditioning facilities; and natural gas gathering, oil pipeline, and oil stabilization facilities. Further, it owns 5,700 miles of NGL pipelines; NGL fractionation and storage facilities; and other NGL storage assets and terminals. Additionally, the company provides crude oil transportation, terminalling, acquisition, and marketing activities; owns and operates approximately 17,950 miles of crude oil trunk and gathering pipelines; and sells and distributes motor fuels and other petroleum products under the Sunoco and EcoMaxx brands. It also offers natural gas compression; wholesale power trading; and carbon dioxide and hydrogen sulfide removal services, as well as manages coal and natural resources properties; sells standing timber; leases coal-related infrastructure facilities; and collects oil and gas royalties. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.
Owning Energy Transfer LP Stock on the Dividend Date
If you own Energy Transfer LP stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Energy Transfer LP stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Energy Transfer LP stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Energy Transfer LP stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Energy Transfer LP dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Energy Transfer LP Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Energy Transfer LP stock price from the dividend is already baked into Energy Transfer LP option prices.
That means the prices of call options that overlap the Energy Transfer LP ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Energy Transfer LP ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Energy Transfer LP call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Energy Transfer LP put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Energy Transfer LP Dividends
You can contact us any time if you would like to ask questions about Energy Transfer LP dividends or anything else related to the stock market.