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Kinder Morgan's (KMP) plan to pay $5.19 to unit holders in 2012 makes its 6.3% forward yield...

Kinder Morgan's (KMP) plan to pay $5.19 to unit holders in 2012 makes its 6.3% forward yield look competitive and offers "the potential for a double digit total return," says Seeking Alpha author and SL Advisors' founder Simon Lack, who took part in SA's interview with Kinder Morgan President C. Park Shaper.
Comments (1)
  • Old Rick
    , contributor
    Comments (518) | Send Message
     
    Or you could buy KMR, avoid any tax complications and jack your yield to 7.05%. KMR (as pointed out in the interview) should trade at the same price as KMP, but it trades at a $9 discount. I've owned KMR for 6 years and have never figured out why Wall Street leaves free money laying around.
    15 Apr 2012, 10:32 AM Reply Like
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