Dividend Challengers List Ranked By Yield: Top 10

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5. Kinder Morgan, Inc. (NYSE:KMI)

Dividend Yield as of February 3: 6.04%

Kinder Morgan, Inc. (NYSE:KMI) is an American multinational energy infrastructure company, based in Texas. In December, Citigroup initiated its coverage on the stock with a Neutral rating and a $19 price target. The firm presented a constructive cash flow outlook for the midstream sector.

On January 18, Kinder Morgan, Inc. (NYSE:KMI) declared a quarterly dividend of $0.2775 per share, which fell in line with its previous dividend. The company is one of the best dividend stocks on our list as it has been raising its dividends consistently for the past five years. The stock has a dividend yield of 6.04%, as of February 3.

As of the end of Q3 2022, 38 hedge funds tracked by Insider Monkey owned stakes in Kinder Morgan, Inc. (NYSE:KMI), compared with 41 in the previous quarter. These stakes have a collective value of over $1.06 billion. Orbis Investment Management was the company’s leading stakeholder in Q3.

Follow Kinder Morgan Inc. (NYSE:KMI)

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