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Is Kinder Morgan Stock a Buy?

TheMotleyFool

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North American midstream energy giant Kinder Morgan (NYSE: KMI) is offering investors a generous 8.5% dividend yield. Before jumping on that big payout, however, investors need to understand a little bit of the history here -- and a little about how the future could look different from the past.

Dividend investors trying to live off of the income their portfolios generate generally hate to see dividends get cut. But that's exactly what happened at Kinder Morgan in 2016. And at 75%, it also happened to be a particularly large reduction. There were two core reasons behind the board's decision here.

Image source: Getty Images

Source Fool.com

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