From 24/7 Wall St. · Chris Lange · · 40s
ONEOK vs Kinder Morgan Dividend Stocks
Which dividend stock is safer for retirees: ONEOK or Kinder Morgan?
In brief
Which dividend stock is safer for retirees: ONEOK or Kinder Morgan? Kinder Morgan is better for retirees due to stronger balance sheet and longer contracts. Originally reported by 24/7 Wall St..
Dividend Yields
ONEOK yields 4.4% while Kinder Morgan yields 3.44%.
Dividend Growth
ONEOK raised quarterly dividend 4% to $1.07, Kinder Morgan increased 2% to $0.2975.
Dividend Safety
Kinder Morgan has stronger balance sheet with net debt at 3.5 times adjusted EBITDA.
Business Durability
Kinder Morgan has longer contracts and higher project backlog than ONEOK.
Retirement Pick
Kinder Morgan is better for retirees due to safer dividends and stable contracts.
Here's the gist
Kinder Morgan is better for retirees due to stronger balance sheet and longer contracts.
