This High-Yield Stock's More Conservative Approach Could Pay Big Dividend
Tue, Apr 23, 2024 3:49 PM

This High-Yield Stock's More Conservative Approach Could Pay Big Dividend

A Flip by Riya Sharma
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Kinder Morgan (NYSE: KMI) pays one of the highest-yielding dividends in the S&P 500. At 6.1%, it's several times above that broad market index's average of around 1.4%. The big-time payout is on a very firm foundation, thanks to the company's steady cash flow and conservative financial profile. The natural gas pipeline giant recently showcased its commitment to maintaining a conservative finance.

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