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Stock Market & Financial Investment News

News Breaks
October 12, 2012
08:48 EDTKMIKinder Morgan 69.3M share Block Trade priced at $34.15
The deal range was $34.05-$34.25. Barclays acted as sole book running manager for the offering.
News For KMI From The Last 14 Days
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May 13, 2013
16:57 EDTKMIKinder Morgan raises FY13 dividend to $1.60 per share from $1.57 per share
Kinder Morgan announced an increase in its projections for Kinder Morgan (KMI) and Kinder Morgan Energy Partners (KMP) primarily based on projected contributions from the Copano Energy acquisition, which closed on May 1. KMI now expects to declare dividends of $1.60 per share up from its published annual budget of $1.57 per share, which represents an increase of approximately 14% over its 2012 declared distribution of $1.40 per share. KMP now expects to declare cash distributions of $5.33 per unit, up from its 2013 published annual budget of $5.28 per unit, which represents a 7% increase over its 2012 declared distribution of $4.98 per unit.

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