62-Year-Old Living Off Dividends Shares His Top 6 Stock Picks, Says His 'Life Is Great, Blessed With Dividends'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 04 2025
0mins
Source: Benzinga
Dividend Investing Trends: In 2025, dividend investing is becoming popular due to market uncertainties, with research indicating that dividend stocks historically yield higher returns and lower volatility compared to the S&P 500.
Investor Experiences on Reddit: A Redditor shared their success living off dividends from a diversified portfolio, emphasizing the importance of paying off debts and investing in quality dividend stocks across various sectors.
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Analyst Views on ET
Wall Street analysts forecast ET stock price to rise
11 Analyst Rating
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 19.050
Low
17.00
Averages
20.65
High
23.00
Current: 19.050
Low
17.00
Averages
20.65
High
23.00
About ET
Energy Transfer LP owns and operates a diversified portfolios of energy assets in the United States, with more than 140,000 miles of pipeline and associated energy infrastructure. The Company’s strategic network spans 44 states with assets in all of the major United States production basins. Its core operations include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; and NGL fractionation. The Company’s segments include intrastate transportation and storage, interstate transportation and storage, midstream, NGL and refined products transportation and services, crude oil transportation and services, investment in Sunoco LP, investment in USA Compression Partners, LP (USAC), and all other. It also owns Lake Charles LNG Company, LLC, its wholly owned subsidiary, which owns an LNG import terminal and regasification facility.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Energy Transfer and Partners Redomicile to Texas
- Redomiciliation Announcement: Energy Transfer LP and its subsidiaries, Sunoco LP, SunocoCorp LLC, and USA Compression Partners, LP, announced their move from Delaware to Texas, effective July 6, 2026, which is expected to enhance operational efficiency and market presence in Texas.
- Market Impact: Although the legal redomiciliation takes effect on July 6, 2026, the NYSE guidelines state that it will be considered effective for market purposes on July 13, 2026, potentially influencing investor trading strategies and market reactions.
- Shareholder Rights Protection: The redomiciliation will not alter the CUSIP numbers and NYSE ticker symbols of the companies, ensuring that the economic and governance rights of unitholders are preserved during the transition, thereby bolstering investor confidence.
- Infrastructure Advantage: Energy Transfer owns approximately 140,000 miles of pipeline and related energy infrastructure across the U.S., and relocating to Texas will further solidify its market position in major production basins, facilitating future business growth.
See More
Brookfield Infrastructure: A Compelling Investment Opportunity
- Investment Return Comparison: Energy Transfer's unit price has surged over 15% this year, significantly outperforming the S&P 500's 8% return, although its distribution yield has decreased to 7%, still attractive compared to the S&P's 1.1%, highlighting its appeal in energy investments.
- Brookfield Infrastructure Performance: Despite Brookfield Infrastructure's stock price declining over 15% this year, its dividend yield has dropped to 4.7%, yet the company has increased dividends for 17 consecutive years at a 9% annual growth rate, demonstrating a stable income stream and growth potential.
- Growth Potential Analysis: Brookfield expects to achieve over 10% annual growth in funds from operations (FFO) per share, driven by a 46% increase in its data segment and a 12% rise in its energy midstream segment, showcasing strong performance in the AI-driven market.
- Diversified Investment Strategy: Brookfield has secured approximately $1.5 billion in new investments over the past year across various sectors, including a leading U.S. refined products pipeline and natural gas infrastructure in New Zealand, with expectations that these acquisitions will push its annual growth rate above 10%.
See More
Brookfield Infrastructure's Share Price Decline Affects Dividend Yield
- Dividend Yield Decline: Brookfield Infrastructure's share price drop has reduced its dividend yield to 4.7%, although the company anticipates over 10% annual growth in funds from operations (FFO) per share, indicating that its high-quality income stream remains attractive.
- Strong Growth Potential: The company reported a 10% increase in FFO per share in Q1, significantly up from 6% last year, with notable growth drivers including a 46% increase in its data segment and a 12% rise in its energy midstream segment, showcasing the success of its diversified growth strategy.
- Capital Project Investments: Brookfield currently has over $9 billion in growth capital projects across utilities, transport, midstream, and data infrastructure, which are expected to drive 6% to 9% annual organic growth, reflecting its robust investment capability in infrastructure.
- Active Acquisition Strategy: Over the past year, the company has secured approximately $1.5 billion in new investments, including interests in a leading U.S. refined products pipeline and a South Korean industrial gas business, with future acquisitions likely to push its annual growth rate above 10%, enhancing its market competitiveness.
See More
Sunoco to Release Q2 2026 Financial Results
- Earnings Release Schedule: Sunoco LP and SunocoCorp LLC announced they will release their Q2 2026 financial and operating results before market open on August 4, 2026, reflecting the company's ongoing performance in the energy infrastructure sector.
- Management Conference Call: A conference call will be held the same day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) where management will discuss the results, providing investors with in-depth insights into the company's operations.
- Webcast Access: The conference call will be broadcast live via an internet webcast on Sunoco LP's website, with investors required to log in at least 10 minutes in advance to register and download necessary software for smooth participation.
- Company Background: Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership operating across 32 countries and territories in North America, the Greater Caribbean, and Europe, distributing over 15 billion gallons of fuel annually to approximately 11,000 retail locations.
See More
Energy Transfer: A Reliable Dividend Income Source
- Attractive Dividend Yield: Energy Transfer (ET) offers a forward-looking dividend yield of 7%, meaning a $42,500 investment in 2,239 shares could generate $3,000 in annual dividend income, highlighting its strong potential for passive income.
- Stable Business Model: The company operates a vast network of 140,000 miles of pipelines across the U.S., focusing on transporting natural gas and crude oil rather than being affected by fluctuating oil prices, ensuring a steady revenue stream that supports ongoing dividend payments.
- Sustained Consumption Demand: Recent data from the U.S. Energy Information Administration indicates that oil and gas consumption has not slowed this year despite rising prices, allowing Energy Transfer to increase its per-share dividend for five consecutive years, showcasing its robust recovery post-pandemic.
- Tax Considerations: As a master limited partnership (MLP), Energy Transfer has specific tax-filing requirements; while the partnership structure is not overly complex, it may pose challenges for investors unfamiliar with the necessary tax forms, potentially complicating their investment experience.
See More
Energy Transfer: A Reliable Dividend Powerhouse
- Dividend Yield Advantage: Energy Transfer currently offers a forward-looking dividend yield of 7%, where a $42,500 investment in 2,239 shares is projected to generate $3,000 in annual dividend income, highlighting its appeal as a source of passive income.
- Stable Consumption Demand: Despite recent increases in oil and gas prices, U.S. consumption remains steady, as indicated by the U.S. Energy Information Administration, which supports the company's ability to raise its per-share dividend for five consecutive years, reflecting a robust business model.
- Business Model Strength: Energy Transfer operates a network of 140,000 miles of pipelines across the U.S., focusing on transporting natural gas and crude oil, ensuring stable revenue akin to a tollbooth operation, allowing it to remain profitable amid oil price fluctuations.
- Tax Considerations: As a master limited partnership (MLP), Energy Transfer has specific tax filing requirements; while the partnership structure is not overly complex, investors should familiarize themselves with the tax implications before purchasing to avoid potential complications.
See More
Energy Transfer and Partners Redomicile to Texas
- Redomiciliation Announcement: Energy Transfer LP and its subsidiaries, Sunoco LP, SunocoCorp LLC, and USA Compression Partners, LP, announced their move from Delaware to Texas, effective July 6, 2026, which is expected to enhance operational efficiency and market presence in Texas.
- Market Impact: Although the legal redomiciliation takes effect on July 6, 2026, the NYSE guidelines state that it will be considered effective for market purposes on July 13, 2026, potentially influencing investor trading strategies and market reactions.
- Shareholder Rights Protection: The redomiciliation will not alter the CUSIP numbers and NYSE ticker symbols of the companies, ensuring that the economic and governance rights of unitholders are preserved during the transition, thereby bolstering investor confidence.
- Infrastructure Advantage: Energy Transfer owns approximately 140,000 miles of pipeline and related energy infrastructure across the U.S., and relocating to Texas will further solidify its market position in major production basins, facilitating future business growth.
See More
Brookfield Infrastructure: A Compelling Investment Opportunity
- Investment Return Comparison: Energy Transfer's unit price has surged over 15% this year, significantly outperforming the S&P 500's 8% return, although its distribution yield has decreased to 7%, still attractive compared to the S&P's 1.1%, highlighting its appeal in energy investments.
- Brookfield Infrastructure Performance: Despite Brookfield Infrastructure's stock price declining over 15% this year, its dividend yield has dropped to 4.7%, yet the company has increased dividends for 17 consecutive years at a 9% annual growth rate, demonstrating a stable income stream and growth potential.
- Growth Potential Analysis: Brookfield expects to achieve over 10% annual growth in funds from operations (FFO) per share, driven by a 46% increase in its data segment and a 12% rise in its energy midstream segment, showcasing strong performance in the AI-driven market.
- Diversified Investment Strategy: Brookfield has secured approximately $1.5 billion in new investments over the past year across various sectors, including a leading U.S. refined products pipeline and natural gas infrastructure in New Zealand, with expectations that these acquisitions will push its annual growth rate above 10%.
See More
Brookfield Infrastructure's Share Price Decline Affects Dividend Yield
- Dividend Yield Decline: Brookfield Infrastructure's share price drop has reduced its dividend yield to 4.7%, although the company anticipates over 10% annual growth in funds from operations (FFO) per share, indicating that its high-quality income stream remains attractive.
- Strong Growth Potential: The company reported a 10% increase in FFO per share in Q1, significantly up from 6% last year, with notable growth drivers including a 46% increase in its data segment and a 12% rise in its energy midstream segment, showcasing the success of its diversified growth strategy.
- Capital Project Investments: Brookfield currently has over $9 billion in growth capital projects across utilities, transport, midstream, and data infrastructure, which are expected to drive 6% to 9% annual organic growth, reflecting its robust investment capability in infrastructure.
- Active Acquisition Strategy: Over the past year, the company has secured approximately $1.5 billion in new investments, including interests in a leading U.S. refined products pipeline and a South Korean industrial gas business, with future acquisitions likely to push its annual growth rate above 10%, enhancing its market competitiveness.
See More
Sunoco to Release Q2 2026 Financial Results
- Earnings Release Schedule: Sunoco LP and SunocoCorp LLC announced they will release their Q2 2026 financial and operating results before market open on August 4, 2026, reflecting the company's ongoing performance in the energy infrastructure sector.
- Management Conference Call: A conference call will be held the same day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) where management will discuss the results, providing investors with in-depth insights into the company's operations.
- Webcast Access: The conference call will be broadcast live via an internet webcast on Sunoco LP's website, with investors required to log in at least 10 minutes in advance to register and download necessary software for smooth participation.
- Company Background: Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership operating across 32 countries and territories in North America, the Greater Caribbean, and Europe, distributing over 15 billion gallons of fuel annually to approximately 11,000 retail locations.
See More
Energy Transfer: A Reliable Dividend Income Source
- Attractive Dividend Yield: Energy Transfer (ET) offers a forward-looking dividend yield of 7%, meaning a $42,500 investment in 2,239 shares could generate $3,000 in annual dividend income, highlighting its strong potential for passive income.
- Stable Business Model: The company operates a vast network of 140,000 miles of pipelines across the U.S., focusing on transporting natural gas and crude oil rather than being affected by fluctuating oil prices, ensuring a steady revenue stream that supports ongoing dividend payments.
- Sustained Consumption Demand: Recent data from the U.S. Energy Information Administration indicates that oil and gas consumption has not slowed this year despite rising prices, allowing Energy Transfer to increase its per-share dividend for five consecutive years, showcasing its robust recovery post-pandemic.
- Tax Considerations: As a master limited partnership (MLP), Energy Transfer has specific tax-filing requirements; while the partnership structure is not overly complex, it may pose challenges for investors unfamiliar with the necessary tax forms, potentially complicating their investment experience.
See More
Energy Transfer: A Reliable Dividend Powerhouse
- Dividend Yield Advantage: Energy Transfer currently offers a forward-looking dividend yield of 7%, where a $42,500 investment in 2,239 shares is projected to generate $3,000 in annual dividend income, highlighting its appeal as a source of passive income.
- Stable Consumption Demand: Despite recent increases in oil and gas prices, U.S. consumption remains steady, as indicated by the U.S. Energy Information Administration, which supports the company's ability to raise its per-share dividend for five consecutive years, reflecting a robust business model.
- Business Model Strength: Energy Transfer operates a network of 140,000 miles of pipelines across the U.S., focusing on transporting natural gas and crude oil, ensuring stable revenue akin to a tollbooth operation, allowing it to remain profitable amid oil price fluctuations.
- Tax Considerations: As a master limited partnership (MLP), Energy Transfer has specific tax filing requirements; while the partnership structure is not overly complex, investors should familiarize themselves with the tax implications before purchasing to avoid potential complications.
See More
