Kinder Morgan, Kinder Morgan Energy Partners Raise Dividends

Both Kinder Morgan (NYSE: KMI  ) and Kinder Morgan Energy Partners (UNKNOWN: KMP.DL  ) have announced higher payouts on their Q4 2012 results.

The two tightly related firms will significantly boost their quarterly disbursements when compared to their year-ago payouts. Kinder Morgan is to pay $0.37 per share on Feb. 15 to shareholders of record as of Jan. 31. That represents an increase of $0.01 (2.8%) over the previous quarterly disbursement, and is 19% higher than the $0.31 paid for its Q4 2011 dividend.

Kinder Morgan Energy Partners, meanwhile, is to lift its payout to $1.29 per share, payable on on Feb. 14 to shareholders of record as of record Jan. 31. The dividend for its previous quarter was $1.26, while that for the same period the previous year stood at $1.16. So that's an 11% increase year over year and a 2.4% increase from the previous quarter.


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Related Tickers

9/23/2016 4:01 PM
KMI $21.94 Down -0.17 -0.77%
Kinder Morgan CAPS Rating: *****
KMP.DL $0.00 Down +0.00 +0.00%
Kinder Morgan Ener… CAPS Rating: *****