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Technology Stocks : KMI- a fallen high dividend yielder - for how long?
KMI 26.58-0.1%Apr 23 3:59 PM EDT

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To: E_K_S who wrote (76)12/5/2019 10:46:20 AM
From: robert b furman  Read Replies (1) of 334
 
Hi E_K_S,

I bought 900 KMI at $19.67 on 11/27 (three days early).

When price hit the lower Keltner I sold 10 Dec 19. puts hoping to get them assigned and work my cost down a bit.

That juicy $1.25 will begin paying in late April.

I'm happy to wait 4 months to begin receiving 6.35% dividend yield for many years to follow. In between I'm getting 5.08%.

I'll continue to sell 19.00's less than 30 days out as a revenue stream that will help me pay for any stock that may be assigned.

Tempted to just buy more - hard to find a solid 6% plus!!

Can't get that done with XOM or CVX.

Bob
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