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


To: AnhartDark who wrote (22)12/1/2016 11:34:16 AM
From: robert b furman1 Recommendation

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AnhartDark

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Hi AnhartDark,

I'm guessing but I suspect that project will take several years to complete - so funding internally can be made.

Once the valves open there should be a huge jump in revenue .

Not sure how long the completion phase will take - but I betting it will drive the price of the stock up before it is completed.

This is a big move for KMI.

Guess they knew it when they sold off parts of their other pipelines to reduce debt.

Now for a modest bump in the dividend after the first year of the reduction - this stock will once again become a dividend growth stock and soon I think.

Bob