KMI

[DividendGarden]

(12-07-2015, 10:29 AM)lucas03 Wrote:

(12-07-2015, 10:19 AM)DividendGarden Wrote: I am curious to see the company's next press release.  I think they will cut the dividend.  It's something like a 13% yield today.  Cutting by 50% will still yield 6-7%, but it will free up $1.5 billion.

I also hope that they will cut. Yield 6-7% is pretty nice for new investors, but its 3-3,5% for current investors

Agreed.  I would be happy with a 50% dividend cut to remain cash-flow positive without incurring additional debt.