If You Need to Buy Some Stock in January, Buy Kinder Morgan Stock

January 2022 is nearing its end, and you know the best way to celebrate it? By buying some stocks while their companies are still kicking off their yearly activities.

You might see some improvements when their full-year reports are released.

As always, you need to ensure that it belongs to a company with a sturdy performance and decent prospects for growth. In other words, you need a stock like Kinder Morgan (NYSE:KMI). 

Management Has a Lot of Faith and It’s Contagious

Kinder Morgan is an energy infrastructure company set in the U.S., and it specializes in managing oil and gas pipelines. As of today, the company owns up to 85,000 miles of pipeline.

Now, what makes it unique from other companies like it? It deals via long-term contracts for starters and provides reliable safety cushions for a wide range of potential struggles. 

This business has helped them deal with changing oil and gas prices. Most recently, it has also lent a helping hand in dealing with the COVID-19 pandemic, all with significant degrees of success.

On the other hand, Kinder Morgan also made some remarkable acquisitions in 2021. Of course, the true value of these acquisitions is yet to be seen, but they came with a silver lining.

To compensate for the price tag of said acquisitions, the company has put a tight lid on all further spending. Not that it needs to, but it does play a key role in keeping its finances solid and steady.

All these efforts have inspired its management to expect great things for 2022. More specifically, it is expected for Kinder Morgan’s dividends to rise from $1.08 per share to $1.11 per share, and that would translate into a 6.4% dividend yield.

In essence, if you’re an investor that loves excellent returns, you can’t skip Kinder Morgan.