Kinder Morgan, Inc. (KMI) Ex-Dividend Date Scheduled for January 29, 2013


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Kinder Morgan, Inc. ( KMI ) will begin trading ex-dividend on January 29, 2013. A cash dividend payment of $0.37 per share is scheduled to be paid on February 15, 2013. Shareholders who purchased KMI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 2.78% increase over the prior quarter.

The previous trading day's last sale of KMI was $37.23, representing a -7.5% decrease from the 52 week high of $40.25 and a 22.03% 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 $.35. Zacks Investment Research reports KMI's forecasted earnings growth in 2013 as 25.21%, compared to an industry average of -9.9%.

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 )
  • iShares S&P Global Infrastructure ( IGF )
  • Guggenheim S&P 500 Equal Weight Energy ETF ( RYE )
  • iShares MSCI USA Minimum Volatility Index Fund ( USMV )
  • First Trust Value Line Dividend Index Fund ( FVD ).

The top-performing ETF of this group is FPX with an increase of 17.9% over the last 100 days. It also has the highest percent weighting of KMI at 6.7%.

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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