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Kinder Morgan Energy Partners LP Increases Quarterly Distribution


Wednesday, 16 Jan 2013 04:06pm EST 

Kinder Morgan Energy Partners LP announced that it has increased its quarterly cash distribution per common unit to $1.29 ($5.16 annualized) payable on Feb. 14, 2013, to unitholders of record as of Jan. 31, 2013. This represents an 11 % increase over the fourth quarter 2011 cash distribution per unit of $1.16 ($4.64 annualized) and is up from $1.26 per unit ($5.04 annualized) for the third quarter of 2012. KMP has increased the distribution 46 times since current management took over in February 1997. 

Company Quote

93.8
-0.16 -0.17%
31 Oct 2014