2 Energy Dividend Stocks With Cheap Valuations and Growing Payouts, Starting With Energy Transfer
Energy Transfer and Enterprise Products Partners combine a low valuation, a high dividend yield, and a rock-solid growth record.
Two energy dividend stocks with cheap valuations and growing payouts are Energy Transfer (TXSE: ET) and Enterprise Products Partners (NYSE: EPD), as highlighted by Motley Fool. Both companies have impressive dividend yields - 6.65% for Energy Transfer and 5.98% for Enterprise Products Partners - and attract income-oriented investors due to their attractive valuations.
Energy Transfer's trailing P/E ratio is 13 times earnings, while its forward P/E ratio is 12 times earnings, both of which are lower than the sector's average. Enterprise Products Partners also boasts a strong dividend, making it a compelling option for investors seeking reliable income from the energy sector.
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