Energy Transfer LP announced an increase in its quarterly cash distribution to $0.3250 per common unit for the fourth quarter ended December 31, 2024. This distribution, which annualizes to $1.30 per common unit, represents a 3.2% increase compared to the distribution for the fourth quarter of 2023.
The cash distribution will be paid on February 19, 2025, to unitholders of record as of the close of business on February 7, 2025. This marks the continuation of Energy Transfer's strategy to provide increasing returns to its unitholders.
The consistent growth in distributions underscores the partnership's robust financial performance and its ability to generate stable cash flows, reinforcing investor confidence in its long-term outlook.
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