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3 Reasons to Hold On to Kinder Morgan's Stock

Kinder Morgan (NYSE: KMI  ) is a selection for the real-money Inflation-Protected Income Growth portfolio. In this brief video, portfolio manager Chuck Saletta offers three reasons why he's holding on to Kinder Morgan's stock despite the company's modest gain since he bought it earlier this year.

Help your money compound faster
Kinder Morgan's dividend was key to its selection for the IPIG portfolio. A well-covered and rising dividend, reinvested over time, can help your money compound faster and could ultimately make you rich. It's as simple as that.

With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list in this free report of nine that fit the bill. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.

Key balance-sheet and cash-flow measures for the companies that make up Kinder Morgan

Entity Debt to Equity Ratio Cash from Operations (millions) Cash Dividends or Distributions Paid (millions) Operating Cash Available for Capital Expenditures (millions)
Kinder Morgan 1.3 $3,645 $3,156 $489
Kinder Morgan Energy Partners (UNKNOWN: KMP.DL  ) 1.2 $3,491 $3,033 $458
El Paso Pipeline Partners (UNKNOWN: EPB.DL  ) 2.1 $866 $714 $152
Kinder Morgan Management (UNKNOWN: KMR.DL  ) 0.0 $0 $0 $0

Kinder Morgan is a complicated business. Understanding the interaction between El Paso Pipeline Partners, Kinder Morgan Energy Partners, Kinder Morgan Management, and Kinder Morgan is critical to understanding how the company generates the cash it uses to pay its dividends. The chart below, from a recent investor presentation, shows how the different pieces fit together.

 Chart from Kinder Morgan investor presentation dated September 12, 2013 .

To follow the IPIG portfolio as buy and sell decisions are made, watch Chuck's article feed by clicking here. To join The Motley Fool's free discussion board dedicated to the IPIG portfolio, simply click here.

Read/Post Comments (2) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On December 16, 2013, at 9:17 PM, TMFBigFrog wrote:

    Hi Fools --

    There is a typo in this article (submitted to the editors for correction). As of the writing and publication of this article, I have a small decline in the price of my Kinder Morgan stock held in the iPIG portfolio, not a small gain.

    The correction should come soon.


    Inside Value Home Fool

    Disclosure: I own shares of Kinder Morgan

  • Report this Comment On December 16, 2013, at 9:50 PM, Sumflow wrote:

    Sell it if it goes up, keep it when it goes down.

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