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.
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