Thursday, August 6, 2015

A 40% Total Return with Kinder Morgan Inc (KMI) Stock?

Kinder Morgan Inc (KMI) — This owner of the general partners of Kinder Morgan Energy Partners and El Paso Pipeline Partners is one of the largest energy companies in the United States. Late last year, the company completed a plan to consolidate its three master-limited partnerships in a cash and stock deal totaling $71 billion.

Management said this was done to eliminate payments of incentive rights to KMI and give them the ability to generate dividends of $2 per share in 2015. They also believe they can grow the dividend by 10% to $2.20 through 2020.  (more)

No comments:

Post a Comment