Companies with limited growth prospects tend to use dividends and stock buybacks to drive shareholder returns. Dow (NYSE: DOW) and Kinder Morgan (NYSE: KMI) have limited spending plans, which ensures free cash flow (FCF) can easily cover the dividend. Meanwhile, Devon Energy (NYSE: DVN) directly passes along its profits to shareholders through a variable dividend.
Kinder Morgan (KMI) closed at $16.53 in the latest trading session, marking a +1.54% move from the prior day.
Playa Hotels & Resorts and Capri Holdings are part of the Zacks Bull and Bear of the Day article.