Kinder Morgan Energy Partners LP (KMP)

Price*: $49.70 | Dividend: $4.08 | Dividend Yield: 8.21%

Recommendation Info
We began recommending this stock on 10/13/08 at a price of 43.50.

Dividend Stock Ratings Breakdown

1. Relative Strength

Stock is slightly underperforming.

2. Overall Yield Attractiveness

Stock's dividend yield is attractive.

3. Dividend Reliability

This rating is directly related to the length and consistency of a company's dividend payouts.

4. Dividend Uptrend

This company has steady and generous dividend payments.

5. Earnings Growth

Earnings estimates are basically unchanged.

Price and Dividend Info

Kinder Morgan Energy Partners LP (KMP)

Previous Day's Closing Price*

$49.70

Annual Stock Dividend

$4.08

Current Dividend Yield

8.21%

Recent Headlines

Dividend Stock Recommendation Changes (WMI, KMP, KMR, JNJ, YPF)
Mon, Oct 13, 2008
Dividend Payout Changes Today (APOG, KMP, KMR, UTX, LEN)
Wed, Oct 8, 2008
28 (!) Dividend Stocks Removed from Our Recommended List
Tue, Sep 9, 2008
Dividend Payout Changes Today (KMP, KMR, RBNF, LSTR, CPNO, HCSG, NRP, EPD, EPE, DEP, MBWN, NOBL)
Wed, Jul 16, 2008

Profile & Recommendation

Company Profile

KinderMorgan- (KMP)-is a leading pipeline transportation and energy storage company in North America. KMP owns an interest in or operates more than 25,000 miles of pipelines and 165 terminals. Its pipelines transport natural gas, gasoline, crude oil, CO₂ and other products, and its terminals store petroleum products and chemicals and handle bulk materials like coal and petroleum coke. KMP is also the leading provider of CO₂ for enhanced oil recovery projects in North America. One of the largest publicly traded pipeline limited partnerships in America, KMP has an enterprise value of over $20 billion. As a limited partnerships, capital gains are accounted for differently, so please consult with a tax advisor.

Recommendation

Based on our rating criteria, this stock has achieved a "Recommended" rating. Stocks with this rating are considered generally good investments.

Stock Notes

This large cap stock does make an attractive dividend stock investment at this time.

* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.