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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.
3 comments

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
(more…)

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