Top Dividend Bargains: ET and DFP at 7%+ Yields
Source: seekingalpha.com
TL;DR
- Rida Morwa highlights ET and DFP as top dividend bargains yielding over 7% for April 2026.
- ET offers 7.1% yield; DFP yields 7.5% after a recent price drop.
- These picks support diversification for steady income in uncertain markets.[[1]](https://seekingalpha.com/article/4888447-my-top-dividend-bargains-for-april-2026)
The story at a glance
Rida Morwa, leader of Seeking Alpha's High Dividend Opportunities group, picks Energy Transfer LP (ET) and Flaherty & Crumrine Dynamic Preferred and Income Fund (DFP) as his top dividend bargains for April 2026. He urges planting more income "seeds" through diversification amid market volatility. The article appeared on April 5, 2026, timed for spring investing opportunities.[[1]](https://seekingalpha.com/article/4888447-my-top-dividend-bargains-for-april-2026)[[2]](https://muckrack.com/rida-morwa/articles)
Key points
- Emphasizes "plant widely this spring" for richer income harvest and avoiding all eggs in one basket through diversification.[[1]](https://seekingalpha.com/article/4888447-my-top-dividend-bargains-for-april-2026)
- Pick #1: ET (Energy Transfer LP) - 7.1% yield on the midstream energy MLP with strong cash flows and growth potential.[[1]](https://seekingalpha.com/article/4888447-my-top-dividend-bargains-for-april-2026)
- Pick #2: DFP (Flaherty & Crumrine Dynamic Preferred and Income Fund) - 7.5% yield after a sharp recent decline, providing preferred stock exposure with monthly payouts.[[1]](https://seekingalpha.com/article/4888447-my-top-dividend-bargains-for-april-2026)
- Morwa holds long positions in both ET and DFP, signaling confidence in their value.[[1]](https://seekingalpha.com/article/4888447-my-top-dividend-bargains-for-april-2026)
- Targets sustainable high yields around 9% via his service, focusing on resilient income payers.[[3]](https://seekingalpha.com/author/rida-morwa)
Details and context
Morwa's recommendations fit his High Dividend Opportunities strategy, which blends MLPs like ET for energy infrastructure stability and closed-end funds like DFP for preferred securities income. ET benefits from steady pipeline fees and recent distribution hikes to $0.335 quarterly, supporting its yield around 7%.[[4]](https://ir.energytransfer.com/distribution-history-et)
DFP, a closed-end fund, invests mainly in dynamic preferreds and hybrids, paying monthly $0.127 dividends, backed by Flaherty & Crumrine's expertise in the sector. Recent volatility hit DFP harder, creating the bargain entry, but it trades near NAV with low leverage risks.[[5]](https://stockanalysis.com/stocks/dfp/dividend)[[1]](https://seekingalpha.com/article/4888447-my-top-dividend-bargains-for-april-2026)
These picks counter market fears like oil panic or rate shifts, prioritizing cash flow coverage over growth hype.
Why it matters
High-yield dividend stocks like these offer buffers against volatility for income-focused portfolios. Investors get 7%+ yields paid regularly, letting time work via compounding without chasing hot sectors. Watch distribution coverage, energy demand, and preferred spreads for sustainability risks.[[1]](https://seekingalpha.com/article/4888447-my-top-dividend-bargains-for-april-2026)