Make $500/month with this undervalued stock's 9% dividend payout.
Energy Transfer LP (NYSE: ET) offers a sky-high 9% dividend yield - far above the stock market average text
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At $1.25 per share quarterly, every 100 shares pays $500 yearly
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Owning 4,800 shares would delivery $500 monthly or $6,000 annually
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That's achievable with an investment of around $67,000 in Energy Transfer
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The pipeline operator moves 30% of America's natural gas with vital infrastructure
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Long-term contracts make cash flow stable for rewarding investors
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Management aims to return $6.5 billion to shareholders in the next year alone
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Reinvesting dividends through Energy Transfer's DRIP allows for exponential growth
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Dollar-cost averaging into the stock reduces risk in case of further declines
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