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Technology Stocks : KMI- a fallen high dividend yielder - for how long?
KMI 26.19+0.4%Oct 31 9:30 AM EDT

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To: candsrr who wrote (275)10/4/2024 3:54:43 AM
From: robert b furman3 Recommendations

Recommended By
candsrr
Jon Koplik
Lance Bredvold

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Hi candsrr,

We are 85 cents below the old dividend rate of $2.00 annually.
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No doubt some over head supply all the way up to.it past range.

Along the way it has paid a very nice dividend/return of capital.

The prospect of more robust growth has developed both with LNG exports and AI in data centers requiring real growth in the electrical supply business, which requires natural gas reliability.

They have reduced their debt and fund their capex internally. Demand for more Capex may delay their ability to buy back their stock.

Advancing EPS is a very nice attribute for a utility like business.

To the degree they increase their dividend AND have a buyback program to justify the buybacks, a growing EPS will be supportive of price.

High grading their Capex will be the key to faster EPS and buybacks.

They seem to have a good handle on that.

Profitless growth is NOT the answer. I believe Kinder has learned that.

Good to have your viewpoint and posts here!

Bob

Bob
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