Monday, November 30, 2015

The 3 stocks that yield more than 8 percent

The 3 stocks that yield more than 8 percent



Here is an interesting CNBC article about three stocks that are yielding more than 8% annually.  One of the companies, Kinder Morgan (KMI) is the largest pipelines company in America, and I believe their 8% dividend is solid because oil and natural gas have to be transported no matter what the underlying commodity price is.  Eventually, I believe KMI will have a higher stock price as well although that will diminish the percentage of the dividend at that point.  However, buying KMI today will mean that you locked in that 8% on the money amount that you spent on the stock even if the price goes higher as long as the dividend stays the same.

 

No comments:

Post a Comment