KMR versus KMP

[hendi_alex]

KMR pays the exact dividend as KMP, but KMR pays in shares versus KMP which pays in cash. KMR's yield is much higher today because the share price is about $5 less than the KMP share price. Because of that spread, I bought 100 shares of KMR @$74.95 in my IRA today.

Here is a link to an excellent article which explains the relationship between KMI, KMR, and KMP.

Relationship KMI KMR KMP