Kinder Morgan: Strong Yield And Free Cash Flow Amid Energy Sector Troubles

Bloomberg/Bloomberg via Getty Images US investors have to dig and claw to find quality high-yield names. Goldman Sachs reports that the current dividend yield on the S&P 500 is a scant 1.45% as of late February 2024. It could be a sign that the market is getting pricey, though the beaten-down Energy sector trades at a very low forward earnings multiple today. If you do some globe-trotting, though, you will find much higher yields. For investors wishing to boost their domestic portfolio’s income rate, th ...