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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 (272)	9/24/2024 5:19:54 AM
From: robert b furman	3 Recommendations Recommended By candsrr Lance Bredvold toccodolce Read Replies (1) \| Respond to of 303

Good Morning candsrr, Two webcasts ago Kinder really launched KMI with his comments on AI. Kinder is getting inquiries about building a pipeline directly to the hyper scalers data bases. Back up or priimary natural gas to generate privately funded electricity. Msft has just purchased a decades worth of nuclear power from Constellation Energy as they restart Three Mile Islands mothballed nuclear plant. I really need to update the intro to this thread. A new BIG market in its early stages. Huge demand in its early.t stages. As KMI finds new demand for it storage and delivery of natural gas (also recently expanded) , KMI should find a higher margin for it product. I'm hopeful this organic growth will allow faster revenue growth and allow a stock ownership buy back plan. As stock is bought back, we'll find a faster rate of growth in the dividend. Hopefully we'll continue to benefit from a return of capital as well. Price is now in the range where I'm no longer selling puts as the premium has left the mid teens. The dividend revenue is now a long term hold and accumulate cash with. I have an IRA that got assigned some $35.00 shares way back to when the dividend was reduced by 75%. I failed to get out of those also. There are some older studies out there that discuss Dividend Aristocrat stocks that fall out of favor with suspension and/or reduced dividends. It has found that with time they can become good dividend growth stocks. It appears that just such an event may well apply to KMI. I also have been accumulating T from its recent fall from grace. It too has been surprisingly strong of late. During this fast interest .rate rise, I have been buying preferred shares of telecom companies (another utility like sector that has had above average growth with fiber to business growth. They are still not in the stock buyback stage as they have debt reduction targets that will be met by H2 of 2025. Both KMI and T have had nice runs into the low 20's. If they can begin buybacks, I'd posit that mid 20's are in the cards over time. That may well be another IATL subject. Let's hope so! Thanks for the post and waking up this sleepy thread. GO AI! Bob