Wednesday, July 16, 2014

KMI Dividend Increase

KMI raised its quarterly dividend to $.43 a share.  This is up from $.42 last quarter and $.40 last year. The record date is 7/31/14 and the pay date is 8/15/14.  The new yield as of today's closing price ($36.91) is 4.66%

Since I own 213.73 shares, my yearly dividends will increase by $9.27

6 comments:

  1. Thanks for sharing...we own shares of KMI and look forward to the roughly 5% raise. Cheers to continued dividend growth! :) AFFJ

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    1. AFFJ,

      Enjoy your raise and keep alert for future market pullbacks!

      MDP

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  2. I wish I had been smart enough to add more in the low $30's like Mr. Kinder! Congrats on the raise and on the recent purchases :)

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    1. Ryan,

      I agree and wish I had added more shares when the Kinder negative press hit. Congrats on the JNJ purchase. I plan on adding shares soon myself.

      MDP

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  3. Lol i own kmi and did not know this. Guess I have been too busy! grats to your 9$ increase and my 6$!!!!! cheeseburger and fries for all!

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    Replies
    1. AG,

      There is no such thing as a bad raise. I'll take every one I can get. Take care!

      MDP


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