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Actionable news in KMI: KINDER MORGAN Inc,

Kinder Morgan: Dividend Hike In The Works?

Summary

Kinder Morgan is up ~34 percent YTD.

Dividend cut and uncertain dividend outlook were reasons for income investors to sell the shares.

Kinder Morgan recently announced that it is selling a 50 percent pipeline stake to Southern Company.

Comments made on the conference call suggest that Kinder Morgan may pay a higher dividend in the near future.

An investment in KMI yields 2.47 percent.

The Kinder Morgan (NYSE:KMI) dividend story came crushing down on income investors at the end of last year when the pipeline operator...


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