Energy Transfer Increases Quarterly Cash Distribution From $0.3075 To $0.31
Portfolio Pulse from Benzinga Newsdesk
Energy Transfer has announced an increase in its quarterly cash distribution from $0.3075 to $0.31.
July 25, 2023 | 8:29 pm
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Energy Transfer's increase in quarterly cash distribution may attract income-focused investors, potentially leading to a short-term increase in stock price.
Dividend increases are often seen as a sign of a company's strong financial health. This could attract income-focused investors, leading to increased demand for the stock and potentially a short-term increase in stock price.
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