Enbridge vs Kinder Morgan: The Better Dividend Stock For Passive Income Investors

Kinder Morgan (NYSE:KMI) and Enbridge (NYSE:ENB) conscionable delivered quarters that propulsion North American midstream income successful other directions.

Kinder Morgan closed retired fiscal 2025 with grounds fourth-quarter results and a caller BBB+ upgrade from S&P. Enbridge followed with a dependable Q1 2026 anchored by its diversified Canadian and US inferior footprint. Both wage generous dividends. Only 1 wears the Aristocrat crown.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Enbridge didn't marque the cut. Grab the names FREE today.

Record Gas Volumes Lift KMI. Utilities and Storage Carry Enbridge.

Kinder Morgan's 4th was a earthy state story. CEO Kim Dang said the concern "delivered its highest ever 4th fourth and full-year nett income attributable to KMI and Adjusted EBITDA," with state transport volumes up 9% and gathering up 19%.

Q4 adjusted EPS came successful astatine $0.39, beating the $0.37 estimate, connected gross of $4.51B. The $10B task backlog is astir 90% earthy gas, with astir 60% tied to powerfulness procreation including information centers. That is simply a sharp, focused bet.

Enbridge's communicative is breadth crossed segments and geographies. Greg Ebel framed Q1 arsenic impervious of "the spot of our diversified, low-risk concern model," noting mainline volumes averaged 3.2 cardinal barrels per time and the strategy has been apportioned each year."

Adjusted EBITDA held astir level astatine C$5.81B, with Gas Distribution and Storage the brightest conception astatine C$1.71B. The caller US state inferior acquisitions successful Ohio, Utah and North Carolina are expected to present an 8%+ complaint basal CAGR. Quieter, but durable.

One Yield Pays Now. One Yield Compounds Longer.

Enbridge offers a output astir doubly Kinder Morgan's, positive a 31-year streak of yearly dividend increases. Kinder Morgan inactive carries the scar of the 2015 chopped from $0.51 to $0.125 quarterly, and the existent $0.2975 payout sits good beneath that pre-cut peak.