KMI- a fallen high dividend yielder - for how long? Message Board

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Technology Stocks : KMI- a fallen high dividend yielder - for how long?

KMI 25.85

-0.9%

Nov 4 3:59 PM EST

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To: Johnny Canuck who wrote (219)	1/14/2024 9:42:07 PM
From: robert b furman	Read Replies (2) of 357

Hi Johnny, Happy new year to you and family. Pretty much pre sold, but with modest volume growth. LNG and exports to Mexico. They have increased their salt dome storage capacity, which is opportunistically a windfall when cold blows in. LNG exports is a long term growth factor that makes them a better growth story than the usual utility. Much of their dividend is return of capital,which I like, as it a tax free until your cost basis is below zero and then it is taxed as capital gains - what's not to like. I've owned them for years and like them on a compounding dividend basis. Never a double, until you've owned them for 10 years. LOL Good to see you posting. Is 2024 going to be a busy year for you? Bob

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