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.