November 8, 2022 | Daily JAM, Dividend Income, Special Reports |
You might expect this list to be dominated by oil and natural gas producers. You might expect that–but you’d be wrong. Stocks like Pioneer Natural Resources (PXD) and Devon Energy (DVN) certainly pay dividends now high enough t qualify for this list, at 9.86% and 7.50% for the trailing 12 months, respectively, but I don’t think it’s possible to project that level of dividend payout for the 10-year period that I’ve focused on for this strategy. (Which doesn’t mean stocks like these aren’t worth owning on their dividends for the shorter term. In fact, I’m putting together a list of what I’d call current dividend outliers as an extra for this Special Report. These outlier stocks pay very attractive (better than 6% again and sometimes way better than 6%) dividends but the companies don’t have a track record or corporate culture that makes me feel certain about the longevity of this level of payout. Pioneer, for example, pays a 2-part dividend with a core rate and a variable rate depending on revenue and profits. That to me speaks to a company that doesn’t feel able to commit to the current high payout for very long. For a dividend stock with a high payout and a predictably long duration of that level of payout in the energy sector, I’m going to look at pipeline companies, especially those with big exposure to natural gas exports (specifically LNG exports) and the growing CO2 sector.
November 3, 2022 | BHP, Daily JAM, Dividend Income, KMI, Special Reports, VZ |
It’s time to use this Bear Market to give any long-term dividend income strategy a big boost. This Special Report will tell you why and how and give you five stock picks that you can use to deliver that extra income.
May 26, 2021 | Daily JAM, Dividend Income, KMI |
Like many oil-related stocks Kinder Morgan (KMI), the operator of 70,000 miles of natural gas pipelines, has moved up strongly during the recent rally in the price of oil. The stock, a member of my Dividend Portfolio since February 24, 2016, has gained 38.13% in 2021 to date as of the May 26 close. The stock has gained 26.67% in the last three months and 10.11% in the last month. The dividend, which produces a yield of 5.89% isn’t in danger. And I’m not selling because I’m worried about that potential. But growth at Kinder Morgan depends on the company’s ability to buy or build new pipeline capacity and earn a high rate of return on that investment.
January 4, 2021 | Daily JAM, Dividend Income, KMI, VGSH |
It’s unusual, to say the least, to have a dividend portfolio match the returns on the Standard & Poor’s 500–especially in a year when the S&P 500 was setting an all time high–but that’s what happened in 2020. My Dividend Portfolio showed a price gain of 12.28% for 2020. Add in the 3.43% dividend yield and the total return for the portfolio for the year was 15.71.%Â For the year the S&P 500 returned 16% and the Dow Jones Industrial Average returned 7%.
November 12, 2019 | CMI, CMWAY, Daily JAM, DLR, IEF, ITW, KMI, MRK, MSFT, OKE, PAC, PFXF, Special Reports, VZ, WBK |
Just to put all the changes in my Dividend Portfolio in one list after my Special Report 3 Ways to Higher Income in a Low Yield Desert Here are the sells: Bank of America (BAC) as of November 1 ING Group (ING) as of November 1 Tapestry (TPR) as of November 1 Westpac...
May 7, 2019 | Daily JAM, KMI, Stock Alerts |
On April 17, Kinder Morgan (KMI) reported first quarter 2019 results that were a penny below Wall Street estimates (at 24 cents a share) and that missed revenue projections at $3.43 billion versus the $3.63 billion consensus. (That amounted to a 0.3% year over year...
May 30, 2018 | Daily JAM, KMI, Stock Alerts |
Yesterday the Canadian government announced that it will buy the Trans Mountain Pipeline from Kinder Morgan Canada for CAD$ 4.5 billion. Kinder Morgan (KMI), a member of my Dividend Portfolio, owns a 70% stake in Kinder Morgan Canada. The sale, which certainly isn't...
April 23, 2018 | Daily JAM, Stock Alerts |
The earnings results for Kinder Morgan's (KMI) first quarter were in line; it's 60% increase in the annual dividend was more aggressive than expected. Adjusted EBITDA (earnings before interest payments, taxes, and depreciation) was $1.90 billion for the quarter,...
October 18, 2017 | Daily JAM, KMI, Stock Alerts |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
July 19, 2017 | Daily JAM, KMI, Stock Alerts |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
January 11, 2017 | CMI, Daily JAM, KMI, OKS, WES, XOM |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
April 25, 2016 | CHK, Daily JAM, KMI, Morning Briefing |
Natural gas futures for May delivery rose 3.5% on Friday to give the commodity a 13% gain for the week. That’s the best performance for natural gas since the week that ended on January 1. At this point and with so much short covering, I’d be very cautious about chasing prices here. This rally is, though, part of a recovery in the sector and I’ve got suggestions for what stocks to watch
