Kinder Morgan offers nearly 4% dividend yield backed by strong U.S. natural gas infrastructure and growth.

Kinder Morgan provides a 3.8% dividend yield supported by dominant U.S. natural gas infrastructure and a $10.1 billion growth backlog focused mostly on natural gas. This backlog is expected to drive multi-decade EBITDA growth with attractive multiples. The company maintains a healthy balance sheet with a 3.8x net debt/EBITDA ratio and projects $5.6 billion in discretionary cash flow for 2026, enabling it to fund dividends and capital projects. While well-positioned for natural gas demand growth, Kinder Morgan has limited exposure to renewables, posing some long-term climate risk.