Q2 2013 KMI Dividend Increase
Kinder Morgan (KMI) recently increased its quarterly cash dividend to $0.40 per share ($1.60 annualized) payable on Aug. 15, 2013, to shareholders of record as of July 31, 2013. This is an increase in 5.5% from the prior dividend of $0.38/share. This will increase my annual dividend from $202.07 to $212.71.
As of today, this will raise my anticipated annual dividends from $1431 to $1442.
Full Disclosure: Long KMI