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Bullish on Kinder Morgan Inc? Then You'll Love These High-Yielding Stocks


Bullish on Kinder Morgan Inc? Then You'll Love These High-Yielding Stocks

Midstream oil and natural gas pipeline giant Kinder Morgan Inc (NYSE: KMI) recently announced some positive news -- big dividend hikes in each of the next three years. If that has you feeling bullish on Kinder, then you'll love high-yielding pipeline partnerships Magellan Midstream Partners, L.P. (NYSE: MMP) and Enterprise Products Partners LP (NYSE: EPD). They both offer higher yields today and impressive histories of distribution growth.    

One of the exciting things about Kinder Morgan's dividend news is that it's planning to hike its dividend 60% next year, 25% in 2019, and another 25% in 2020. That's huge growth, but there's a slight catch: The company is coming back from a 75% distribution cut at the start of 2016. Magellan Midstream Partners, on the other hand, has increased its distribution every year for 17 years running.    

Image source: Getty Images.

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Source: Fool.com

Kinder Morgan Inc. Stock

€17.93
0.270%
The Kinder Morgan Inc. stock is trending slightly upwards today, with an increase of €0.048 (0.270%) compared to yesterday's price.

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