Kinder Morgan Boosts Dividend To $0.40 Per Share

(RTTNews) - Kinder Morgan Inc. (KMI) boosted its quarterly dividend to $0.40 per share from previous dividend of $0.38 per share. The dividend is payable on August 15 to shareholders of record July 31.

Chief Executive Richard Kinder said, "KMI reported strong results for the first two quarters of 2013 primarily due to continued strong performance at Kinder Morgan Energy Partners, including contributions from KMP's acquisition of Copano Energy on May 1, 2013, and solid results at El Paso Pipeline Partners, as well as from the natural gas assets obtained in the May 2012 acquisition of El Paso Corporation."