Investing
5 of the Highest Dividend-Paying S&P 500 Companies Are Also Outstanding 2022 Stock Picks
January 21, 2022 7:15 am
The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipelines and underground storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids (NGLs) fractionation facilities and transportation systems; and liquefied natural gas (LNG) liquefaction and storage facilities.
The Products Pipelines segment owns and operates refined petroleum products and crude oil and condensate pipelines, as well as associated product terminals and petroleum pipeline transmix facilities.
The Terminals segment owns or operates liquids and bulk terminals that store and handle various commodities, including gasoline, diesel fuel, chemicals, ethanol, metals and petroleum coke. It also owns tankers.
The CO2 segment produces, transports and markets CO2 to recover and produce crude oil from mature oil fields, and it owns interests in or operates oil fields and gasoline processing plants, as well as operates a crude oil pipeline system in West Texas. It owns and operates approximately 83,000 miles of pipelines and 144 terminals.
Shareholders receive a 6.20% dividend. Mizuho’s price objective of $21 compares with the $18.93 consensus target. Thursday’s closing print for Kinder Morgan stock was $17.43 per share.
This under-the-radar stock has big total return potential. Lumen Technologies Inc. (NYSE: LUMN) is a facilities-based technology and communications company that provides various integrated services and solutions under CenturyLink name to business and residential customers in the United States and internationally.
The company operates offers IP and data services, including VPN data network, Ethernet, internet protocol (IP), and content delivery services. It also offers transport and infrastructure services comprising high bandwidth optical networks; unlit optical fiber networks, and related professional and management services; private line services, a direct circuit or channel specifically dedicated for connecting two or more organizational sites; colocation and data center services; and consulting services, which include network management, installation and maintenance of data equipment, and building of proprietary fiber-optic broadband networks for government and business customers.
Lumen Technologies stock investors receive an 8.12% dividend. The Wells Fargo price target is a surprisingly low $12. The $11.30 consensus target is also less than Thursday’s close at $12.05 a share.
The rising price of natural gas over the past year has helped to lift this top energy company. ONEOK Inc. (NYSE: OKE) primarily engages in natural gas transportation, storage and natural gas and natural gas liquids (NGLs) gathering, processing and fractionation in the Bakken, Mid-Continent and Permian. The company recently closed the roll-up of its underlying master limited partnership, ONEOK Partners.
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