http://seekingalpha.com/article/3722006-kinder-morgan-inc-an-8-percent-dividend-yield-is-not-good-enough-for-you-get-real
"Darwin was the first to use data from nature to convince people that evolution is true, and his idea of natural selection was truly novel. It testifies to his genius that the concept of natural theology, accepted by most educated Westerners before 1859, was vanquished within only a few years by a single five-hundred-page book. On the Origin of Species turned the mysteries of life's diversity from mythology into genuine science." -- Jerry Coyne
Tuesday, December 1, 2015
I wrote this on 12/1/2015 at Seeking Alpha. I'm buying stock symbol KMI. KMI CLOSING PRICE ON 12/1/2015: $22.42 - KMI ANNUAL DIVIDEND YIELD: 9.10% - QUARTERLY DIVIDEND = 51 CENTS
I agree KMI's annual dividend yield (now at 9.10% after the market closed Tuesday) is something to worry about. I learned a long time ago this usually means the dividend is in trouble. It's fair to say KMI is not a very safe investment these days.
But still I think the risk is worth taking. Our liberal friend Mr. Obama is killing the coal industry which is good news for the natural gas industry including KMI. Also interesting - there is lots of insider buying at KMI.
If I'm totally wrong, not a problem. My retirement income will still be more than what I need.
http://seekingalpha.com/article/3722006-kinder-morgan-inc-an-8-percent-dividend-yield-is-not-good-enough-for-you-get-real
http://seekingalpha.com/article/3722006-kinder-morgan-inc-an-8-percent-dividend-yield-is-not-good-enough-for-you-get-real
Labels:
2015/12 DECEMBER,
stock market
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