Double Your Money by 2033 on Dividends Alone from This Top Energy Stock
Few things in life are free. But although Kinder Morgan (NYSE: KMI) costs around $17.64 per share at the time of this writing, its dividend could pay for the investment in less than 12 years, assuming you reinvest those payments.
Kinder Morgan's slow and steady business model is centered on creating shareholder value through dividends, not high growth. As with most dividend stocks, the success of that strategy will depend on whether the company can continue to fund and raise its payouts over time without taking away too much of the cash it requires to run its business. Let's see if Kinder Morgan fits this criterion and is worth buying today.
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Source Fool.com
