Kinder Morgan: Buy, Sell, or Hold?

If you look at midstream giant Kinder Morgan (NYSE: KMI) in isolation today, it seems like an attractive dividend stock. The yield is roughly 4% or so, which is higher than the 3.3% yield of the average energy company, using the Energy Select Sector SPDR ETF as an industry proxy. And the midstream company's dividend has increased each year since 2018.But don't rush to buy Kinder Morgan until you've dug a little deeper in the midstream niche. Here's why.Kinder Morgan is a midstream company, which means it owns energy infrastructure like pipelines and storage and transportation assets. Most of its revenue comes from fees that customers pay for the use of those vital assets.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool