|Bid||26.31 x 2900|
|Ask||26.32 x 3000|
|Day's range||26.15 - 26.35|
|52-week range||23.14 - 27.95|
|Beta (5Y monthly)||1.00|
|PE ratio (TTM)||10.70|
|Earnings date||30 Jan 2024 - 05 Feb 2024|
|Forward dividend & yield||2.00 (7.62%)|
|Ex-dividend date||30 Oct 2023|
|1y target est||31.89|
One decision made in 2016 has had a massive impact on the returns Kinder Morgan shareholders have generated to this day.
This principle applies to dividend stocks, as well. Ares Capital (NASDAQ: ARCC) ranks as the largest publicly traded business development company (BDC). As a BDC, Ares Capital must return at least 90% of its income to shareholders in the form of dividends.
The midstream sector is deeply unloved, but that means you can collect big yields from reliable companies.