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


To: Elroy who wrote (163)2/25/2023 12:48:19 PM
From: robert b furman  Read Replies (1) | Respond to of 361
 
Hi Elroy,

I believe WMB and KMI both to be C Corps.

I have an ownership in a dealership that creates passive income via a K-1.

That puts my additional revenue into a high tax bracket in good years.

The tax rate of max 20% on dividends and capital gains points me to want dividends vs additional passive income.

All are in a great stable business, that I believe have the potential to grow faster than the usual utility kind of dividend payer as natural gas converts into LNG and get priced globally - which I believe is coming sooner than later.

Long term, the closer you get to LNG and its global acceptance and increased demand, the better.

Bob