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The Top 10 S&P 500 Dividend Stocks for May

These stocks still have impressive yields despite market highs

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#6: Kinder Morgan (KMI)

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KMI Dividend Yield: 5.23%

Kinder Morgan (KMI) an operator of oil and gas pipelines, breaks in the top dividend stocks this month, but for mixed reasons. On the positive side, KMI last month hiked its dividend. But the dividend yield is rising mostly because KMI stock is falling.

For the most recent quarter, KMI earnings missed Wall Street forecasts by 5 cents per share even as revenue easily topped estimates. That only added to the pressure on KMI stock, which is now off more than 10% for the year-to-date.

Article printed from InvestorPlace Media,

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