Looking for a Rock-Solid Passive Income Stream? Check Out This 4.3%-Yielding Dividend Stock.

Core Viewpoint - Kinder Morgan is highlighted as a strong investment opportunity due to its high-yielding dividend backed by a solid financial profile, making it a safe option for passive income seekers [2][12]. Financial Stability - Kinder Morgan operates a robust portfolio of energy infrastructure assets, with 64% of its cash flow derived from take-or-pay agreements, ensuring stable earnings regardless of customer usage [3][4]. - An additional 5% of cash flow is secured through hedging contracts that lock in commodity prices, resulting in 71% of earnings being stable even in adverse market conditions [4]. - The company anticipates generating $5.9 billion in cash flow from operations this year, a$300 million increase from the previous year, which comfortably covers capital expenditures and dividend payments [6]. Investment and Growth - Kinder Morgan plans to invest $2.3 billion in growth capital projects this year, up from$1.9 billion last year, driven by new natural gas pipeline expansion projects [9]. - The company has secured three large-scale natural gas pipeline projects, contributing to a backlog of commercially secured projects totaling $8.1 billion, a 60% increase from the previous quarter [10]. - The expected surge in natural gas demand, particularly from rising exports and AI data centers, positions Kinder Morgan for additional growth-capital projects in the near future [11]. Dividend and Payout - Kinder Morgan's stable cash flow allows it to easily cover its dividend payments, with excess cash available for expansion while maintaining a strong balance sheet [13]. - The company is expected to continue growing its dividend, marking 2025 as the eighth consecutive year of increases, making it an attractive option for investors seeking a reliable income stream [14].