Global Income Edge believes that given the pressure on oil and gas investments, it’s a prudent idea to take profits on Kinder Morgan Inc. While we believe KMI’s dividend yield of 4.43 percent was attractive, and the stock has appreciated almost 6% since we made it a holding, we simply think macro forces call its dividend into question, and Global Income Edge is all about yield.

We would rather be safe than sorry – and revisit this company when the oil industry has stabilized – perhaps at a more attractive price and higher dividend yield.

Sell Kinder Morgan Inc. 

– Richard Stavros, Chief Investment Strategist, Global Income Edge