The Traderszone Network

Published in TZ Latest News 6 May, 2014 by The TZ Newswire Staff

Energy Transfer Partners Should Rally Past $60

By Seeking Profits:

On Tuesday, Energy Transfer Partners (ETP) delivered strong quarterly results that justified an earlier 5% year over year hike to the quarterly distribution. With its current $0.935 quarterly payout, ETP yields a solid 6.6% yield. Given its strong coverage ratio, more hikes are likely in ETP’s future.

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