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

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