Wednesday, September 30, 2015

I wrote a comment at Seeking Alpha about Kinder Morgan.

The KMI management has a long history of keeping their promises and being honest about everything. They have repeatedly said the dividend will be increased 10% every year for at least the next 5 years. The worst case scenario I can imagine is instead of a 10% increase every year the annual dividend yield stays the same, stuck at over 7%. I could live with that. It seems to me buying now is a no-brainer.

http://seekingalpha.com/article/3543186-kinder-morgan-7_3-percent-yield-and-10-percent-dividend-growth-im-buying-again

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