Company: Kinder Morgan Inc. (KMI)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 82,000 miles in pipelines and 139 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan’s cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products. -Morningstar.com-
Symbol: KMI
Recent Price: $20.77
Dividends: $1.15
Yield: 5.54%
Sector: Energy
Industry: Oil & Gas Midstream
Address & Company Phone #: 1001 Louisiana St. Ste. 1000 Houston TX 77002, 713-369-9000
Transfer Agent: Computershare 800-847-4351
Moody’s Rating: Baa2
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $500
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $18.51, $15.89