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


To: candsrr who wrote (134)12/1/2021 9:29:05 AM
From: robert b furman1 Recommendation

Recommended By
CusterInvestor

  Respond to of 161
 
Hi candsrr,

Yup, I have sold a lot of puts on KMI out into December thru June.

15.00's are too low if/when KMI boost the dividend this next year.

Selling June puts gets the stock (if assigned) into the yield of 7.25% to 7.5%.

That yield on a company that has throttled its debt to industry norms and has known revenue growth leaning to its services.

A must have retirement stock.

Speaking of XOM, David Faber of CNBC just interviewed Darren Woods CEO of XOM. Very confident of their future including carbon capture and sequestration.

Good to see another poster over here!

Bob