Today's buy:
- 39 shares of Kinder Morgan Inc (KMI) @ $38.67
This purchase will add $62.40 to my annual dividend income.
Kinder Morgan Inc (KMI) owns and manages a diversified portfolio of energy transportation and storage assets in the United States and Canada. Kinder Morgan Inc operates like a giant toll road and receives a fee for its services, avoiding commodity price risk. KMI owns the general partner and limited partner units in Kinder Morgan partners (KMP).
I already had a position in Kinder Morgan Inc. This purchase boosts the total position up to 83 shares.
Recently Kinder Morgan Inc announced to boost its dividend to $0.40 from $0.38. This pushed the current yield over 4%.
It's very likely Kinder Morgan Inc boosts the dividend at the low double digit for at least a few more years. The high current yield and the dividend growth makes this an attractive buy in my opinion.
Recently Kinder Morgan Inc announced to boost its dividend to $0.40 from $0.38. This pushed the current yield over 4%.
It's very likely Kinder Morgan Inc boosts the dividend at the low double digit for at least a few more years. The high current yield and the dividend growth makes this an attractive buy in my opinion.
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