Summary
Energy Transfer LP (ET) announced its first-quarter 2023 cash distribution, maintaining a quarterly payout of $0.3075 per common unit, which annualizes to $1.23 per unit. This distribution demonstrates the company's commitment to returning capital to its unitholders. The payment date is set for May 22, 2023, with a record date of May 8, 2023, providing visibility for investors regarding when they will receive this return.
Key Highlights
- 1Quarterly cash distribution of $0.3075 per common unit announced for Q1 2023.
- 2Annualized distribution rate remains at $1.23 per common unit.
- 3Distribution payment date is scheduled for May 22, 2023.
- 4Record date for the distribution is May 8, 2023.
- 5The announcement was made via a press release filed on April 26, 2023.
- 6This filing primarily serves to disclose the quarterly distribution information.
Frequently Asked Questions
Energy Transfer LP announced a quarterly cash distribution of $0.3075 per common unit for the quarter ended March 31, 2023.
The cash distribution will be paid on May 22, 2023.
Unitholders of record as of the close of business on May 8, 2023, will be eligible to receive the distribution.
The annualized distribution rate is $1.23 per common unit, based on the quarterly payout of $0.3075.