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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: rnsmth who wrote (30879)	3/7/2019 9:26:33 AM
From: E_K_S	Read Replies (1) \| Respond to of 34328

KMI my no. 3 position and starting to like the sector now. Now a 5% portfolio position. Been looking to add to WMB too. Both yield around 5% and are C corps (no K1 to deal with). It's been several years in consolidation and many of these MLPs have converted back to C corp. I own WPZ which merged back into WMB and doing the K1 last week, I noticed WMB is back near my Buy range. I like the pipeline sector now that US domestic Oil/Ng production is at/near all time multi year highs. Also D has their susidiary company w/ their LNG Export facility (thanks for your updates on D). D, KMI & WMB combined now just over a 10% portfolio position. EKS

To: rnsmth who wrote (30879)	3/7/2019 5:36:12 PM
From: JimisJim	3 Recommendations Recommended By B.O. Plenty bull_dozer lizardK Read Replies (1) \| Respond to of 34328

I'll never trust Mr. Kinder again with a single dime of my money and I actually came out ahead when he rolled up KMR and KMP into KMI and went C Corp... just a month or two previously, Richard had been promising an average divvy hike of 10% a year for 5 years... and then ended up cutting the divvy 75% not that many years ago... so from my perspective, a 10% hike is not real as it's 10% of a divvy that's 75% lower to begin with... For new investors, I can see the allure... but anyone with any knowledge of Richard Kinders' long history in the patch will never trust anything he says -- he fooled me twice, but not gonna get a chance for the hat trick. His current announcements means after the next hike, the divvy will still only be 40% of what it was as recently as 2016 -- I actually went back (tax time finds me digging through lots of documents to scan and shred) and calculated this as it seems KMI is a darling of almost everyone over at SeekingAlpha... I just don't trust him and there are many other plays as good or better out there, IMO.