09-26-2013, 05:23 PM
"1) While not having a long dividend history, its short dividend history is very impressive. Its first dividend was paid in April 2011. It has raised its dividend every quarter except for one quarter since it started paying a dividend. It has gone from $0.14/quarter to $0.40/quarter in 10 quarters. Hard to ignore the quarterly raises. While I believe that this will end within the next few years and drop to yearly raises, I will enjoy the ride while it lasts."
Dont forget that KMI DOES have a long history: I have held KMP ever since $18/share way back in the early 90s. Later on, KMI was born, and so I bot that. However, all shares were recalled and I was forced to give them back. KMI went private. More recently, it was reintroduced, and THAT was what you referred to.
BTW, at a recent presentation, Kinder advised buying KMR, and not the other two, FWIW
Dont forget that KMI DOES have a long history: I have held KMP ever since $18/share way back in the early 90s. Later on, KMI was born, and so I bot that. However, all shares were recalled and I was forced to give them back. KMI went private. More recently, it was reintroduced, and THAT was what you referred to.
BTW, at a recent presentation, Kinder advised buying KMR, and not the other two, FWIW