Kinder Morgan Raises Dividend 6.67%

Written by MrStockFox. Posted in Dividends

kmi

Kinder Morgan Inc (KMI) declared $.48/share quarterly dividend, 6.67% increase from previous dividend of $0.45. Forward yield 4.42%.   My portfolio consists of 104 shares of KMI, which increases my annual dividends to $199.68. My yield-on-cost is is 5.36%.

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Taking a Look at Energy Drillers

Written by MrStockFox. Posted in Trade Ideas

The oil drillers are up anywhere from 20%-40% since the bottom in late January.  At this point I see them stalling out here very soon and pulling back.  Most of the drillers are coming up to resistance levels.  I doubt that they will break through on the first try.  It is possible but I don't see crude oil putting in any major rally right now.  Yes I like these companies longer term but I may consider lightening up on a percentage of my overall position as we head into these resistance levels.  HP is definitely one that I could see myself selling off as early as tomorrow as it is very near resistance and the 200 ma.

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Taking a Look at IBM

Written by MrStockFox. Posted in Trade Ideas

You can read about my past comments on IBM located here.

Over the last several months IBM has pretty much played out exactly how I thought.  Currently we are sitting right below a strong resistance level at around 165.  Any breakout above 165 and IBM should first test 170 and then the top of the gap around 180. 

Although I have added to my position I still do not own a full position.  I have been concetrating on energy stocks for the time being but may consider purchasing another 10 shares here soon.  I would like to try and buy before any breakout above 165.

Should IBM break below 159 level then we could easily see a retest of 154 and even 150.

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