This High-Yielding Dividend Stock Expects to Have Plenty of Fuel to Continue Growing

Kinder Morgan (KMI -0.64%) has two growth engines: acquisitions and expansion projects. Both will play starring roles in 2024. The company completed a $1.8 billion acquisition late last year while putting$965 million of capital projects into service in the year's final quarter alone. Those catalysts drive the company's outlook for distributable cash flow to rise by 8% per share this year. After finishing several expansion projects last year, Kinder Morgan has a growth-capital backlog that is much lighter. ...