Thursday, January 22, 2015

Dividend Increase – Kinder Morgan Inc. (KMI)




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 %.

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

3 comments:

  1. DH,

    KMI is about as consistent as they come. They continue to deliver. Love the incremental quarterly raises. Show me the money! :)

    Best regards.

    ReplyDelete
  2. Hi, DH,

    Great news! I hold this stock too and its behaviour is very spectacular.

    Best wishes,
    CZD.

    ReplyDelete