Would You Like $3,000 in Passive Income Each Year? Buy 2,239 Shares of This Top High-Yield Dividend Stock.

Energy Transfer, an oil and gas pipeline operator, offers a 7% dividend yield and has raised its per-share payment for five consecutive years. The company's business model relies on transporting natural gas and crude oil through 140,000 miles of pipelines, generating recurring revenue independent of commodity prices. Persistent energy consumption supports dividend sustainability, though investors should be aware of the company's master limited partnership (MLP) structure with specific tax-filing requirements.