Kinder Morgan, Inc. (KMI) Ex-Dividend Date Scheduled for April 25, 2013

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Kinder Morgan, Inc. ( KMI ) will begin trading ex-dividend on April 25, 2013. A cash dividend payment of $0.38 per share is scheduled to be paid on May 16, 2013. Shareholders who purchased KMI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.7% increase over the prior quarter. At the current stock price of $39.53, the dividend yield is 3.85%.

The previous trading day's last sale of KMI was $39.53, representing a -0.35% decrease from the 52 week high of $39.67 and a 29.56% increase over the 52 week low of $30.51.

KMI 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 ). KMI's current earnings per share, an indicator of a company's profitability, is $.62. Zacks Investment Research reports KMI's forecasted earnings growth in 2013 as 14%, compared to an industry average of -2.1%.

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

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

  • First Trust IPOX-100 Index Fund ( FPX )
  • First Trust North American Energy Infrastructure Fund ( EMLP )
  • iShares S&P Global Infrastructure ( IGF )
  • Guggenheim S&P 500 Equal Weight Energy ETF ( RYE )
  • iShares MSCI USA Minimum Volatility Index Fund ( USMV ).

The top-performing ETF of this group is FPX with an increase of 17.68% over the last 100 days. It also has the highest percent weighting of KMI at 5.92%.

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


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