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Forget Kinder Morgan, Inc.: Here Are 2 Better Dividend Stocks


Forget Kinder Morgan, Inc.: Here Are 2 Better Dividend Stocks

Investing is about the future, but you can't forget the past when you're looking at a company -- especially when you are a dividend stock investor. Kinder Morgan Inc (NYSE: KMI) is the perfect example of a company with a bright future and a tainted dividend history that should lead most to avoid it. Especially since there are great income alternatives such as Enterprise Products Partners L.P. (NYSE: EPD) and Holly Energy Partners, L.P. (NYSE: HEP).

Motley Fool's Matthew DiLallo recently explained all of the reasons why investors should like Kinder Morgan's future. The list includes improving leverage metrics, a largely fee-based business, and a nearly $12 billion backlog of growth projects. In fact, based on management comments, industry watchers believe the current annual dividend could as much as double in 2018! That would pull the yield from around 2.5% to 5%, based on the current share price.    

Image source: Getty Images.

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Source: Fool.com

Kinder Morgan Inc. Stock

€18.20
-0.030%
There is nearly no change for the Kinder Morgan Inc. stock today. Compared to yesterday it only changed by -€0.006.

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