Kmi
Well that's not the kind of news ANY dividend investor wants to hear -- and my guess is that the cut was well telegraphed to their largest shareholders -- thus precipitating the large volume of selling over the last 30 days.
I would not expect KMI to hold their dividend at this low level because their game plan has always been to share the cash flow with the shareholders. So we take our lumps - the shares are already hammered - and you wait for oil to come back. When the happens is anyones guess.
Now you know why there are "rules" about limiting investments to 5% or so of your portfolio !!! This is classic. If you only hold 5% - it's just not that big of a deal. If it's 50% of your portfolio it is!
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