5 Dividend Stocks to Buy for Retirement in 2022 According to Reddit

In this article, we discuss 5 dividend stocks to buy for retirement in 2022 according to Reddit. If you want our detailed analysis of dividend investing, go directly to 10 Dividend Stocks to Buy for Retirement in 2022 According to Reddit. 

5. Kinder Morgan, Inc. (NYSE:KMI)

Dividend Yield as of January 28: 6.28%

Number of Hedge Fund Holders: 43

Kinder Morgan, Inc. (NYSE:KMI) is a Texas-based energy infrastructure company that provides pipeline transport and oil storage across the United States and Canada. 

Kinder Morgan, Inc. (NYSE:KMI) on January 19 declared a $0.27 per share quarterly dividend, in line with previous. The dividend is payable on February 15, to shareholders of record on January 31. Kinder Morgan, Inc. (NYSE:KMI)’s dividend yield as of January 28 came in at 6.28%. 

Publishing its Q4 results on January 19, Kinder Morgan, Inc. (NYSE:KMI) posted earnings per share of $0.27, beating estimates by $0.01. Revenue over the period gained 42.05% year-over-year, totaling $4.43 billion, outperforming estimates by $817.84 million. Kinder Morgan, Inc. (NYSE:KMI)’s Q4 guidance suggests that profits in 2022 will jump 40% to $2.5 billion. 

Barclays analyst Theresa Chen raised the price target on Kinder Morgan, Inc. (NYSE:KMI) to $19 from $18 and kept an Equal Weight rating on the shares on January 20. The analyst expects “more variability” across refining results in Q4, reflective of execution during the quarter, but she has a “generally positive outlook for the group in 2022.”

Among the hedge funds monitored by Insider Monkey in the third quarter of 2021, 43 funds were long Kinder Morgan, Inc. (NYSE:KMI), with stakes totaling over $1 billion. FPR Partners is the largest Kinder Morgan, Inc. (NYSE:KMI) stakeholder as of Q3 2021, with approximately 20 million shares worth $330 million.