9 Months Later: Did Jim Cramer's Top Dividend Pick for Retirees Deliver?

"Energy Transfer closed at $19.87 on May 6, 2026, a 10.5% price-only return since the original article. Add the four quarterly distributions paid since then and the total return widens further. The one-year gain stands at 25.7%, year-to-date 2026 is at 20.5%, and shares hit a fresh 52-week high of $20.67 on May 5, 2026."

"The income side held up cleanly. The partnership announced a $0.3375 per unit distribution on April 27, 2026, raised from $0.335 the prior quarter and payable May 20, 2026. That extends an unbroken quarterly distribution growth streak dating back to early 2023. The current yield runs approximately 6.8% to 7.1%."

"Energy Transfer reported Q1 2026 results on May 5, 2026, and the results reframed the bull case. Adjusted EBITDA reached $4.9 billion, versus $4.1 billion a year earlier, with distributable cash flow of $2.7 billion. Management raised full-year 2026 Adjusted EBITDA guidance to $18.2 billion to $18.6 billion, up roughly $750 million at the midpoint."

"CFO Dylan Bramhall noted Energy Transfer "beat internal plan by ~$500 million in Q1." Marshall McCrea framed the geopolitical setup directly: "There is a very clear redirection to the U.S. for all products, LNG, NGLs, oil, etc." Data center contracts now span Oracle, the Nexus Hubbard AI hyperscale campus in Central Texas, and an Arkansas site. The Hugh Brinson Pipeline (1.5 Bcf per day) is on track for Q4 2026 service."

Energy Transfer shares rose after a prior recommendation, closing at $19.87 on May 6, 2026 for a 10.5% price-only gain since the earlier call. Including four quarterly distributions, total return increased further, with a 25.7% one-year gain and 20.5% year-to-date performance in 2026. The partnership maintained steady income, announcing a $0.3375 per unit distribution for the quarter, up from $0.335, payable May 20, 2026, continuing quarterly distribution growth since early 2023. Current yield is about 6.8% to 7.1%. Q1 2026 results showed adjusted EBITDA of $4.9 billion and distributable cash flow of $2.7 billion, and management raised 2026 adjusted EBITDA guidance to $18.2 billion to $18.6 billion.

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