Don't let it get away!
Keep track of the stocks that matter to you.
Help yourself with the Fool's FREE and easy new watchlist service today.
The closely related firms Energy Transfer Partners (NYSE: ETP ) and Energy Transfer Equity (NYSE: ETE ) will both hand out a dividend for their respective Q1s. The former will pay $0.89375 per common unit on May 15 to holders of record as of May 6. This amount matches the company's previous quarterly payout.
Equity will distribute $0.645 per common unit, dispensing this on May 17 to holders of record as of May 6. This represents a raise of $0.01 per unit over the firm's preceding distribution, which was made in February.
Partners' dividend annualizes to nearly $3.58 per share. That yields 7.5% at the company's current stock price of $48.63. Those figures for Equity are $2.58, 4.4%, and $58.90, respectively.