Last weeks purchases 5/6 (Dow 16,401):
- $200 of V at $206.31 Yield .78%.
- $125 of KMR at $71.94. Yield 7.67%.
- $125 of KMI at $32.69. Yield 5.13%.
This weeks purchases 5/13 (Dow 16,715):
- $150 of ACN at $79.88. Yield 2.33%.
- $150 of KMR at $70.87. Yield 7.79%.
- $150 of KMI at $32.42. Yield 5.18%.
Note: Both KMI and KMR are sitting close to 52 week lows and I will continue to add at these levels.
Today's Kinder purchases pushed me over $1500 go forward annual Kinder dividends.
We also own KMI in our family's dividend stocks portfolio and looking for opportunities to add to our current holdings. Sounds like you have quite of few shares. Are you a bit concerned with their payout ratio?
ReplyDeleteFrugal Family, good question. Its something to keep on eye on but if you measure by free cash flow, KMI's dividend coverage ratio is 1.31 times payout.
ReplyDeleteAccording to latest quarter, KMI’s cash available to pay dividends increased to $573 million. That’s a 12% boost year-over-year.
I trust Richard Kinder and am happy to have our goals equally alligned!
cheers,
AA