2 Energy Dividend Stocks With Cheap Valuations and Growing Payouts, Starting With Energy Transfer
Key PointsEnergy Transfer has grown its dividend for 19 consecutive quarters.
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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