January 17, 2013 at 08:07 AM EST
New Dividend Stock Added to Recommended List – 1/17

We are adding a new dividend stock to our recommended list this morning.

Name Being Added
Kinder Morgan Energy Partners L.P. (KMP) – we are warming up once again to the MLP space as energy prices continue to remain robust. KMP just announced a healthy dividend increase, bringing the yield closer to the 6% mark. We like the name for income-oriented investors, especially on pullbacks.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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