5 Best MLP Dividend Stocks To Buy

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1. Energy Transfer LP (NYSE:ET)

Number of Hedge Fund Holders: 34

Energy Transfer LP (NYSE:ET) tops our list of the best MLP dividend stocks to buy now. The transportation and storage company has been raising its dividends for eight consecutive quarters and offers a quarterly dividend of $0.3125 per share. The stock has a dividend yield of 9.01%, as of January 22.

The number of hedge funds tracked by Insider Monkey owning stakes in Energy Transfer LP (NYSE:ET) stood at 34 in Q3 2023, which remained unchanged from the previous quarter. The total value of these stakes is over $803.2 million.

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You can also take a look at Cathie Wood’s Latest Stock Picks: 11 Biggest Positions and 15 Best Affordable Stocks To Buy Now

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