Energy Transfer Partners, a natural gas company, will pay a regular quarterly dividend of $0.75 on October 15 if you own the stock at market opening on Tuesday, October 3. ETP, who mostly stores and transports natural gas, is close to its all-time high, which has bucked the downward trend of oil and gas companies in the recent months. Not as risky as it sounds though: ETP has a steadier asset mix generating cash flows, as well as better manage costs than the typical propane distributor.

ETP quote

This entry was posted on Monday, September 25th, 2006 at 11:07 am and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.