Mention high-yield dividend stocks, and one tends to think of stodgy companies that distribute the vast majority of their profits to shareholders via dividends -- sometimes to the detriment of the company's ability to grow.

And while pipeline and infrastructure giant Kinder Morgan (NYSE: KMI) indeed fell into that stodgy camp a few years ago, a surge in global liquefied natural gas (LNG) demand has ignited a fire in the company's growth prospects.

The company has also focused more recently on maintaining a solid balance sheet and supporting a stable and growing dividend. Here's why Kinder Morgan stock is a no-brainer energy stock to buy for 2023.

Continue reading

Source Fool.com