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KMP Kinder Morgan Energy Partners, weird stock offering juicy dividends. August 21, 2006

Posted by deminvest in investment, KMP, Single stocks, stocks.

KMP Kinder Morgan Energy Partners is in many ways a strange company:
1)    It pays a rich 7.20% dividend which it should not be able to afford, because it amounts to twice Company’s earnings
2)    It’s main shareholder is a smaller company: (KMI) Kinder Morgan, Inc. whose CEO is the same mister Kinder of KPM

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