After a Solid 2023, This High-Yield Dividend Stock Expects to Make Even More Money in 2024
Kinder Morgan(KMI) The Motley Fool·2024-01-19 19:40
Kinder Morgan (KMI -1.42%) made a lot of money in 2023. The natural gas pipeline giant recently reported that it hauled in over $4.7 billion of distributable cash flow for the year. While that was down from 2022's total due to lower commodity prices and higher interest rates, it was more-than-enough cash to cover the company's 6.4%-yielding dividend.The natural gas infrastructure giant expects to make even more money this year. It recently closed its acquisition of STX Midstream from NextEra Energy Partners ...