Ignore Kinder Morgan, Inc.: Here Are 3 Better Stocks
Kinder Morgan Inc. (NYSE: KMI) just announced a 60% dividend increase coming in 2018, with 25% growth for 2019 as well. That's the type of news that should catch your attention, but it will only get the dividend back to where it was before a dividend cut in 2016. So ignore Kinder Morgan and its "big" dividend news and check out Enterprise Products Partners L.P. (NYSE: EPD), Magellan Midstream Partners, L.P. (NYSE: MMP), and Buckeye Partners, L.P. (NYSE: BPL) instead.
Kinder Morgan is one of the largest and most diversified midstream players in the energy industry. Enterprise is bigger and equally diversified, if not more so. Either one will get you broad exposure to the midstream space. The big difference is how investors have been rewarded.
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Source: Fool.com
