Want $1,000 a Year in Passive Income from Energy Transfer LP (ET) Stock? Here's How Many Shares You'd Need.

Energy Transfer LP (ET) is framed as a source of passive income thanks to a stated dividend yield of 6.2%. The article calculates that with an annual dividend of $1.36 per share, an investor would need 735 shares to target $1,000 in yearly income ($1,000 ÷ $1.36). Using the share price cited at $21.52, the total cost for those shares is put at about $15,817—roughly $16,000. It also notes that concentrating $160,000 into ET could exceed $10,000 per year in dividends, while advising against overexposure to a single stock and highlighting Energy Transfer’s master limited partnership structure and tax paperwork.