Posted by
Member since Nov 2003
27392 posts

re: If you were to pick 10 stocks today and hold them for 10 years

9.KMI - kinder morgan, huge yield, biggest pipeline in the US, with our shale boom these guys will prosper for years to come

I like KMP. Pays a damn good dividend.

baton rouge
Member since Apr 2006
2043 posts

re: If you were to pick 10 stocks today and hold them for 10 years
ya KMP is an MLP, wait till you see the tax ramifications of owning it if you ever sell, that 6% tax free distribution ends up being a headache, thats why KMI is the play I went with, you dont have to deal with a k-1 form at tax time and honestly KMI owns the general partner KMP and KMR

follow the money, richard kinder, who in my opinion is one of the best CEO's around, has no salary and his entire pay is KMI stock, thats his incentive to keep it growing

from here on KMI will be boosting its dividend significantly and thus the share price will grow nicely alongside it, KMP will be boosting the dividend at a lower rate but that extra 2% over KMI is very nice

overall, same company, different tax consequences, can't go wrong with either.

Replies (0)
Replies (0)
first pageprev pagePage 2 of 2next pagelast page

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.