RECENT BUY (NYSE: KMI)

WE RECENTLY PURCHASED THE FOLLOWING

KINDER MORGAN, Inc. (KMI)

Purchased 15 shares of KMI on 9/29/2015 at $27.00
Total Spent: $405.00

Company Description

From Google Finance:

“Kinder Morgan, Inc. (KMI) is an energy infrastructure and energy company in North America. The Company operates through six segments: Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada and Other. The Natural Gas Pipelines segment includes interstate and intrastate pipelines and its liquefied natural gas (LNG) terminals. The CO2 business segment produces, transports, and markets CO2. The Terminals segment includes the operations of its petroleum, chemical, ethanol and other liquids terminal facilities and all of its coal, petroleum coke, fertilizer, steel, ores and other dry-bulk material services facilities. The Products Pipelines segment consists of refined petroleum products, crude oil and condensate, and NGL pipelines and associated terminals, Southeast terminals, and its transmix processing facilities. The Kinder Morgan Canada segment includes its 100% owned and operated Trans Mountain pipeline system and a 25-mile Jet Fuel pipeline system”

Although the market finished barely in the green today, there were still many great buys found. The discounts were best found earlier in the day when the DOW dipped below 16,000 points. So as a long term investors, we took the opportunity to add a few more shares to our family's dividend stocks portfolio.  With today's purchase, we were able to lower our cost basis on another stock we currently own.  

Including the 15 shares added today, we now own 62 total shares of KINDER MORGAN, Inc. (KMI) in our family's dividend stocks portfolio. Our purchase today lowered our cost basis on KMI from $32.32 to 31.03. Additionally, our estimated forward dividends grew another $29.40, putting our yearly dividends at approximately $3,460/year (excluding our Edwards Jones account) and $3,819/year (including our Edward Jones account).

Since we had already held KMI shares in our family's dividend stocks portfolios (WF and EJ Accounts), the portfolio remains unchanged at a total of 47 different dividend paying stocks/ETFs and also 4 companies that either don't pay a dividend our has currently suspended their dividends.

Our family's dividend stocks portfolio may be found

by clicking on the link below:

DIVIDEND STOCKS PORTFOLIO

We also maintain an extensive list of stock analysis

that can be access through the link below:

COLLECTION OF STOCK ANALYSES

We also just started a list of Recent Buys by other bloggers

that can be access through the link below:

COLLECTION OF RECENT BUYS

HERE IS A QUICK FACT SHEET FOR THE STOCK I JUST PURCHASED:

KINDER MORGAN, Inc. (KMI)

P/E: 33.97
Payout Ratio: 270%
Dividend Yield: 7.49%
3 consecutive years of dividend increases
Last Ex-dividend date: 7/29/2015

Next Ex-dividend date: approx. 10/29/2015
Have paid a dividend since: 1937 (78 years)
Pays a dividend 4 times a year.
Market Cap: 60.3 Billion
52-week high: $44.71
52-week low: $25.81
Purchased Price: $27.00

What are your thoughts on of recent purchase?

What are you buying?

RECENT BUY - (NYSE: OKS)

WE RECENTLY PURCHASED THE FOLLOWING








ONEOK PARTNERS L P (OKS)
Purchased 12 shares of OKS on 6/4/2015 at $37.98
$37.92 added to annual dividends

We've been watching Oneok Partners L P (OKS) for a few months now. Today, the market provided us with an opportunity to add another company to our family's dividend stocks portfolio.

OKS currently has a great yield at 8.42% and a decent 9 year history of consecutive dividend increase, but looking at the payout ratio, one has to be concerned that OKS can not keep up the increases for much longer.  With that said, I am buying in with the notion that there may not be more raises in the coming future, and hopefully no decreases. :)

All in all, we are happy to be shareholders at today's discounted prices. With our purchase of Oneok Partners L P (OKS) today, our family's dividend stocks portfolio now holds a total of 39 different dividend paying stocks/ETFs in the portfolio. Our estimated forward dividends grew another $37.92, putting our yearly dividends at approximately $2,872/year (excluding our Edwards Jones account) and $3,254/year (including our Edward Jones account).

Our family's dividend stocks portfolio may be found

by clicking on the link below:

DIVIDEND STOCKS PORTFOLIO

We also maintain an extensive list of stock analysis

that can be access through the link below:

COLLECTION OF STOCK ANALYSES

We also just started a list of Recent Buys by other bloggers

that can be access through the link below:

 

COLLECTION OF RECENT BUYS

HERE IS A QUICK FACT SHEET FOR THE STOCK JUST PURCHASED:

ONEOK PARTNERS L P (OKS)

P/E: 21.56
Payout Ratio: 198.7%
Dividend Yield: 8.42%
9 consecutive years of dividend increases
Last Ex-dividend date: 4/28/2015

Next Ex-dividend date: approx. - 7/28/2015
Have paid a dividend since: 1994 (21 years)
Pays a dividend 4 times a year.
Market Cap: 9.5 Billion
52-week high: $59.67
52-week low: $36.67
Purchased Price: $37.92

What are your thoughts about my recent purchase?

What are you buying?