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Technology Stocks : KMI- a fallen high dividend yielder - for how long? -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (162)	2/25/2023 12:29:55 PM
From: Elroy	Read Replies (1) \| Respond to of 357

Hi Robert. I own EPD, MMP and WMB, all pipeline companies. I don't own KMI. I don't really know any of them in great detail. Why do you like KMI more than the three that I listed? For me they are just boring stocks that will likely sit in my portfolio forever and pay tax free distributions. If I were to invest more money into the sector, do you have any good reason why one should buy KMI rathern than one of the three I listed? I'd be curious to read the reason.

To: robert b furman who wrote (162)	2/25/2023 2:10:45 PM
From: E_K_S	Read Replies (2) \| Respond to of 357

REE: KMI - dividend I noticed on my Schwab 1099 KMI shows 100% of their dividend as ROC (Return of Capital). WMB was only 17.8% ROC. Any idea why KMI was so high? Not sure of the different ways they account for ROC but I do recall when doing the adjustments for the K1 Statements in past years, there were large adjustments to the cost basis (maybe from depreciation recapture). I wonder if the same thing is going on here? If so, one would expect similar adjustments by WMB,PBA & ENB. I do see that my ETR had 100% ROC too.