Energy Transfer LP (ET) is a high-yield dividend stock that offers investors a 7% yield in 2026. The company, valued at almost $68 billion, operates around 140,000 miles of pipeline across 44 states and moves roughly 30% of all natural gas consumed in the US. Despite only 250% of its shares returned to shareholders over the past two decades, if adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased over 2024 and a new partnership record. Despite these outsized returns, Energy Transfer plans to spend between $5 billion and $5.5 billion on growth capital in 2025, with about two-thirds of that going into natural gas infrastructure.