What Did You Buy Today?

[Dividendsrule]

I couldn't stay away from the Kinder empire today...The scale is too compelling. 46 billion market cap / 5 billion cash from ops per the negative Moody's analysis is a FFO or PE ratio of 9.2.

I see it as a simple multiple expansion/contraction story. OPEC fear of less oil shipped in USA means less revenues for American MLPs, thus more fear in the sector. I think KMI will be fine. When oil goes back up, multiple goes back up, etc. Dividends should be fine.
Plus they aren't doing that much capex in the next year.

[DividendGarden]

(12-02-2015, 03:50 PM)Rasec Wrote: Kind of unintentionally bought 25 shares of HSY, had a GTC order which I thought was set at $83 but apparently was $85 so it went through today. I could swear I inserted the order at $83 but I can live with it.

I don't think you'll regret buying HSY at these prices in ten years.

[rapidacid]

+100 BNS

[benjamen]

Initiated a small position in EMR

[EricL]

Put an order in for AT&T in my son's ESA account.

[pyfish]

Bought into KMI this week over the last few days. Too tempting to pass up.

[jim]

Loading up on KMI and ETP, seriously

[Rasec]

I imagine that even if KMI slashes the dividends by 50%, it'll still be a very nice 5% yield. I don't see them cutting all of the dividends.

[rapidacid]

+300 more KMI

[benjamen]

Initiated a position in PRU

[EricL]

I couldn't resist any longer, added to my KMI at $17.85.

All out of cash, I guess Polaris (PII) will have to wait for another day.

[jim]

(12-04-2015, 11:56 AM)Rasec Wrote: I imagine that even if KMI slashes the dividends by 50%, it'll still be a very nice 5% yield. I don't see them cutting all of the dividends.

The share price at these levels is just as attractive as the dividend.