Up 41% in 2024, Does This High-Yield Dividend Stock Have More Room to Run?
Kinder Morgan(KMI) The Motley Fool·2024-10-21 10:12
After years of lagging the market, Kinder Morgan stock has shot up to a nine-year high. Kinder Morgan (KMI 0.52%) is up over 41% year to date, crushing the performance of the S&P 500 and the broader energy sector. The run-up in the stock price has taken the energy company's shares to their highest level since 2015. It has also pushed Kinder Morgan's dividend yield down to 4.6% -- but that's still a much higher yield than investors can get from an energy sector exchange-traded fund. Let's dive into the pipel ...