ET Dividend Calculator
Energy Transfer LP distributes every quarter. The field below opens with ET's own recorded trailing payout of $1.3450 per share, as of 2026-08-18.
Enter the share price you are paying to see the projection. We publish no price data, so this is the one figure the page cannot fill in for you.
Payout figures read from Energy Transfer investor relations on Aug 18, 2026. You supply the share price. The ET record page holds every payment behind these figures.
What the ET Calculator Loads, and the Arithmetic Behind It
The 4 ET payments with ex-dates between November 7, 2025 and August 18, 2026 add up to $1.3450 per share once split adjustment is applied. Worked on a round position, 1,000 shares collected 1,000 × $1.3450 = $1,345.00 across that window, which is $112.08 a month if you flatten it and $336.25 per payment on the 4-payment cadence. The calculator performs the same multiplication against whatever share count your investment and share price produce.
Those 4 payments span 284 days rather than a full 365, because our ET record opens on August 9, 2024. The sum is a complete cadence year, meaning the full number of payments ET's schedule implies, rather than a complete calendar one. Read it as slightly conservative for a full year, and re-check it once the record deepens.
Year one of the model is that same multiplication; each later year multiplies $1.3450 by one plus the growth rate you type. The methodology page states the rest.
What ET's quarterly Cadence Does to the Model
ET distributes every quarter, which is 4 payments a year. The projection above steps once a year, so a twenty-year run performs 20 reinvestments where ET would have offered 80. Every payment between the annual steps is treated as though it arrived on the last day of the year. Observed gaps between ET ex-dates ran 91 to 91 days, median 91.
Reinvesting each of those 4 payments as it landed, rather than once at the end of the year, earns more than the annual step shows, because earlier shares collect later payments. Holding the share price flat so timing is the only moving part, and computed from ET's own payment weights, a 4% distribution rate gives 1.51% more first-year income, and a 20% distribution rate gives 7.75% more first-year income. The effect scales with the rate you are modelling, which is why it matters more for a high-distribution fund than for a slow grower, and it stays small next to the variability in the payout itself.
One term decides how far the annual step falls short, and for ET it is 37.5%: a measure of how evenly the window's cash is split across its payments. A single lump scores zero, four equal payments 37.5%, twelve 45.8%, and fifty-two 49.0%. ET sits below the even end, because its cash is concentrated into fewer or more unequal payments, and the annual step distorts less there than it would for a smooth stream.
Where ET's Cash Actually Landed
The 9 complete calendar months ending Jul 2026, from ET's recorded ex-dates, split-adjusted, as of 2026-08-18. Income is what 1,000 shares would have collected. A projection divides one annual figure by twelve; the record did this instead. The 1 payments since Jul 2026 ended sit in a month that is not over, so they are left out of this table and the total below it.
| Month | Payments | Per Share | On 1,000 Shares | Share of Window |
|---|---|---|---|---|
| Nov 2025 | 1 | $0.3325 | $332.50 | 33.1% |
| Dec 2025 | 0 | $0.0000 | $0.00 | 0.0% |
| Jan 2026 | 0 | $0.0000 | $0.00 | 0.0% |
| Feb 2026 | 1 | $0.3350 | $335.00 | 33.3% |
| Mar 2026 | 0 | $0.0000 | $0.00 | 0.0% |
| Apr 2026 | 0 | $0.0000 | $0.00 | 0.0% |
| May 2026 | 1 | $0.3375 | $337.50 | 33.6% |
| Jun 2026 | 0 | $0.0000 | $0.00 | 0.0% |
| Jul 2026 | 0 | $0.0000 | $0.00 | 0.0% |
| 9 months | 3 | $1.0050 | $1,005.00 | 100.0% |
May 2026 was the largest month at $0.3375 per share, carrying 33.6% of the 9-month total on its own. 6 of the 9 months paid nothing at all, which is what a quarterly or occasional schedule looks like once a monthly income plan is laid over it.
Shares and Capital for a Monthly Income Target from ET
Share counts that would have produced each monthly target at ET's recorded trailing payout of $1.3450 per share, as of 2026-08-18. This is division on a recorded figure, not advice, and the payout can move. We hold no price for ET and publish none, so there is no capital column. Multiply the share count by the price you can actually buy at.
| Monthly Target | A Year | ET Shares | Average per Payment |
|---|---|---|---|
| $200 | $2,400 | 1,785 | $600.21 |
| $750 | $9,000 | 6,692 | $2,250.19 |
| $2,000 | $24,000 | 17,844 | $6,000.05 |
| $5,000 | $60,000 | 44,610 | $15,000.11 |
Read the monthly column as an average rather than a schedule. On the record above, 6 of the last 9 months delivered nothing, so a holder of 17,844 shares aiming at $2,000 a month received it in 3 lumps instead. The record-side arithmetic, at different target levels, is on the ET record page.
The Growth Input for ET
ET has a realised rate you can use instead of a guess: 3.1% a year, measured as trailing twelve months against the twelve months before it, split-adjusted. A realised rate is still an assumption about the future once you type it into a projection, but it is an assumption with a measurement behind it, which an invented 8% is not.
Per share, with no price assumption anywhere in it, this is what that rate does to ET's payout against holding it flat. The cumulative column sums the payout from year one through the year shown.
| Year | Flat at $1.3450 | At 3.1% | Cumulative at 3.1% |
|---|---|---|---|
| Year 1 | $1.3450 | $1.3450 | $1.35 |
| Year 5 | $1.3450 | $1.5176 | $7.15 |
| Year 10 | $1.3450 | $1.7649 | $15.47 |
| Year 20 | $1.3450 | $2.3870 | $36.38 |
By year twenty the difference between 3.1% and zero is $1.0420 per share, which is 77% of the flat figure. That is the sensitivity of an entire projection to one field. Run it at the realised rate, run it again at zero, and treat the gap between the two answers as the honest result.
What Makes ET Hard to Model
Each item is triggered by something computed from ET's own record and carries the figure that triggered it.
6 of the last 9 months paid ET holders nothing. The monthly income figure a projection implies is an annual total divided by twelve. On the record, ET's cash arrived in 3 of 9 calendar months, with May 2026 the largest at $0.3375 per share. Anyone planning to spend the income needs the payment months, not the average, and the months are in the table above.
ET is a partnership, so the projection's income column is not dividend income. Unitholders receive a Schedule K-1 rather than a 1099-DIV, and the cash distributions are generally treated as return of capital that reduces your basis rather than as dividends. Every figure the calculator produces is pre-tax, which for a partnership means it is further from an after-tax answer than the same figure would be for an ordinary payer. See ET distributions and the K-1.
Starting a ET Projection Today
A projection books a full year of income in year one. Today is August 21, 2026, 233 days into 2026. ET has already gone ex-dividend 3 times in 2026, for $1.0125 per share, and buying now collects none of it. On the observed cadence, about 1 more payment would fall before 31 December, which is 25% of a normal year for ET. That is a read of the record rather than a schedule ET has published.
Nothing further is declared for ET on our record, so every payment inside the projection is a modelled one. Based on the 91-day gap the record shows, the next ex-date would ordinarily land between Oct 27, 2026 and Nov 16, 2026, which is a pattern rather than an announcement. Read year one as twelve months from your purchase date, not the rest of this calendar year.
Frequently Asked Questions
What annual dividend figure should I use for ET?
$1.3450 per share, the sum of the 4 split-adjusted ET payments with ex-dates between November 7, 2025 and August 18, 2026, read from Energy Transfer investor relations: common unit distribution history on 2026-08-18. It is already in the field. It records what was paid; it is not a rate the payer has committed to.
What growth rate should I put in the ET calculator?
The rate ET's own record realised is 3.1% a year, measured as trailing twelve months against the twelve months before it, split-adjusted. Using a realised rate beats inventing one, though it is still an assumption about the future rather than a property of it. Run the projection at that rate and again at zero, and read the gap as the answer.
How many ET shares would pay $5,000 a month?
About 44,610 shares at the trailing payout of $1.3450 per share, which is $60,000 a year. Spread over 4 payments a year that averages $15,000.11 a payment, and the payments are not equal. What that costs depends on the price you pay, which we do not publish.
Are taxes included in the ET projection?
No. Every figure the calculator produces is pre-tax and ignores trading costs. Energy Transfer LP is an operating company, so the tax character of its payments turns on holding periods and on the account you hold it in.
Why does the ET calculator ask me for the share price?
Because we publish no prices. Every figure here carries the date its source was read, and a live quote cannot. Energy Transfer investor relations: common unit distribution history publishes no distribution rate for ET that we could turn into an implied price by arithmetic, so the price field starts empty.
Every payment, split adjustment, and calendar-year total behind these figures is on the ET dividend history page. The tax character of ET's payments, which this pre-tax model ignores, is worked out on the ET tax page. Other quarterly payers in coverage are on the coverage table. The general-purpose tools sit on the calculator hub, and the model is written out on the methodology page.