We see upside for Kinder and an exit strategy for other master limited partnerships.
Kinder's reorganization brings upside potential, but even after the change, its payout coverage is too thin for conservative income investors, says Morningstar DividendInvestor editor Josh Peters.
We’re boosting our fair value estimate of Kinder Morgan as the firm’s new structure removes the burden of incentive distributions and will likely support 10% annual dividend growth, says Morningstar’s Jason Stevens.
The firm's consolidation deal eliminates the incentive distribution structure entirely, allowing the combined KMI to sustain more rapid dividend growth than our previous forecast.
We explore the unique structure and tax implications of investing in MLPs.
A look at the largest ETPs available for investors in this battered corner of the market.
MLPs have fallen out of favor this year amid lower commodity prices, currency concerns, and interest-rate fears. This ETN offers broad exposure to the asset class.
KMI's IPO provides investors with a way to invest in KMP's general partner.
Research firm's claims don't change our opinion of this wide-moat group of companies.
Morningstar StockInvestor editor Matt Coffina discusses recent additions to the Wide Moat Focus Index.