Yesterday Kinder Morgan Inc. announced a quarterly dividend increase of from $0.44 to $0.45 per share that’s payable February 17, 2015 to holders of record February 2, 2015.
This represents a 10 % increase over the fourth quarter 2013 dividend of $0.41 per share ($1.64 annualized) and a 2.72 % increase over for the third quarter 2014 of $0.44 per share ($1.76 annualized)
With current price $42.00 (yesterday's close), this raise brings their dividend yield to 4.29%.
Since I own 200 shares this will increase my yearly net dividends by $5.96.
That increase rises my YOC to 5.46 %.
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You can follow the development of my dividends here.