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

At $1.25 per share quarterly, every 100 shares pays $500 yearly

Owning 4,800 shares would delivery $500 monthly or $6,000 annually

That's achievable with an investment of around $67,000 in Energy Transfer

The pipeline operator moves 30% of America's natural gas with vital infrastructure

Long-term contracts make cash flow stable for rewarding investors

Management aims to return $6.5 billion to shareholders in the next year alone

Reinvesting dividends through Energy Transfer's DRIP allows for exponential growth

Dollar-cost averaging into the stock reduces risk in case of further declines