Today KMI announced a quarterly dividend of $0.44 per share, or $1.76 annualized. This is a 2.3% increase from the prior dividend of $0.43. The dividend will be payable on November 17, 2014 with an ex-dividend date of October 29, 2014.
Since I own 232.72 shares this will increase my yearly dividends by $9.31 assuming no further increases for the next year.
The market continues to be highly volatile which means better opportunites for long term investors. I almost pulled the trigger on TD and UL today but held off. I plan on making weekly purchases and will try to avoid catching falling knives. My fingers already have enough cuts on them . :-)
In all seriousness, I feel good about this pullback and will continue to average down in positions that I feel are undervalued.