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Dividend investors are falling in love with Energy Transfer (ET 0.74%). But it might not be the best choice, despite its ultra-high dividend yield. In this video, Motley Fool contributors Jason Hall and Tyler Crowe explain why Magellan Midstream Partners (MMP +0.00%) and Phillips 66 (PSX 2.95%) have been -- and should keep being -- the better long-term investments. 

*Stock prices used were from the morning of May 11, 2023. The video was published on May 21, 2023.

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About the Author

Jason Hall
Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.
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X@thesmattering

Jason Hall has positions in Phillips 66. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool recommends Magellan Midstream Partners. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Energy Transfer Stock Quote
Energy Transfer
NYSE: ET
$20.01
(-0.74%)-$0.15
Phillips 66 Stock Quote
Phillips 66
NYSE: PSX
$174.05
(-2.95%)-$5.29

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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