Dividend stocks have been out of favor with markets for quite some time now, as multi-year high yields on debt instruments lowered their appeal for investors. But now, with Fed Chair Jerome Powell signaling a rate cut in the most unambiguous words, dividend stocks could start to see some traction. Midstream energy companies are known to pay fat dividends. I find Energy Transfer (ET) to be a worthy bet in that space. The stock’s dividend yield is nearly 8%, and it has delivered double-digit returns in terms of capital appreciation so far in 2024. Wall Street analysts are also quite bullish on t…