Wednesday, January 21, 2015
KMI raises dividend --- New yield is 4.29%
Today Kinder Morgan announced that it is raising its quarterly dividend to $.45 which is up from $.44 last quarter. It also represents a 9.76% increase from the year ago dividend of $.41.
The ex-dividend date is Jan 29th and the pay date is Feb 17th.
Since I own 233.76 shares, my yearly dividends will increase $9.35 if there are no more increases during the next year.