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.