Summary
Energy Transfer LP (ET) has filed an 8-K report on October 28, 2024, to disclose its quarterly cash distribution. The partnership announced a distribution of $0.3225 per common unit for the quarter ended September 30, 2024. This translates to an annualized distribution of $1.29 per unit. This announcement is important for income-focused investors as it confirms a consistent distribution policy. The distribution is scheduled to be paid on November 19, 2024, to unitholders of record as of November 8, 2024. While this filing does not contain new financial performance data, it provides clarity on the upcoming cash return to shareholders.
Key Highlights
- 1Announcement of quarterly cash distribution of $0.3225 per common unit for the quarter ended September 30, 2024.
- 2Annualized distribution rate confirmed at $1.29 per common unit.
- 3Distribution payment date set for November 19, 2024.
- 4Record date for the distribution is November 8, 2024.
- 5The filing primarily serves as a Regulation FD disclosure and an announcement of other events related to the distribution.
- 6Information is furnished, not deemed filed for Section 18 purposes.
- 7Includes a press release dated October 28, 2024, as Exhibit 99.1.