Kinder Morgan Energy Partners, L.P. (KMP) Ex-Dividend Date Scheduled for July 29, 2013


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Kinder Morgan Energy Partners, L.P. ( KMP ) will begin trading ex-dividend on July 29, 2013. A cash dividend payment of $1.32 per share is scheduled to be paid on August 14, 2013. Shareholders who purchased KMP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 1.54% increase over the prior quarter. At the current stock price of $85.25, the dividend yield is 6.19%.

The previous trading day's last sale of KMP was $85.25, representing a -8.32% decrease from the 52 week high of $92.99 and a 14.03% increase over the 52 week low of $74.76.

KMP is a part of the Public Utilities sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and National Grid Transco, PLC ( NGG ). KMP's current earnings per share, an indicator of a company's profitability, is $2.96. Zacks Investment Research reports KMP's forecasted earnings growth in 2013 as 8.98%, compared to an industry average of -.3%.

For more information on the declaration, record and payment dates, visit the KMP Dividend History page.

Interested in gaining exposure to KMP through an Exchange Traded Fund [ETF]?
The following ETF(s) have KMP as a top-10 holding:

  • Alerian MLP ETF ( AMLP ).

The top-performing ETF of this group is AMLP with an increase of 4.55% over the last 100 days. It also has the highest percent weighting of KMP at 9.24%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
More Headlines for: AMLP , EPD , KMP , NGG

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