This Energy-Dividend Stock Fell 50% and Kept On Minting Money

This Energy-Dividend Stock Fell 50% and Kept On Minting Money

You can't tell by its stock, but Kinder Morgan (NYSE: KMI) has become more profitable since cutting its dividend.

Not only that, but based on Kinder Morgan's distributable cash flow (DCF), it has continued to grow throughout the energy downturn.

The simple truth that Kinder has continued to spout profits from its pipelines and storage assets has enormous ramifications. Yet it seems to have been lost on investors, who have sent shares down over 50% since the company made the fateful decision to cut its dividend on Dec. 7, 2015. 

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Source: Fool.com