I added 37 additional shares of Kinder Morgan, Inc to my portfolio. This purchase will increase my annual income by $53.28 and comes with a respectable 4.22% yield after brokerage fees. KMI already has a hefty dividend, it's exciting to think where the YOC might end up 2-3 years from now. I already discussed my thoughts on Kinder Morgan last month, but will note I got in at a slightly better price in round 2. There may be a 3rd or 4th round of KMI purchases if the stock continues to decline in price. I think KMI will perform well over the next 10 years and possibly beyond if the US becomes more dependant on natural gas. There are plenty of natural gas reserves and plenty of potential projects/expansions with this one. Kinder Morgan is pretty ambitious!
I plan to make at least one more purchase in November. I'm currently looking at the following companies: APD, MCD, NSC, RSG. Perhaps KO or O if they fall a little bit. Quite a few tempting selections on this menu.