Kinder Morgan (KMI) announces preliminary 2013 projections, including expected dividends of...

|About: Kinder Morgan, Inc. (KMI)|By:, SA News Editor

Kinder Morgan (KMI) announces preliminary 2013 projections, including expected dividends of $1.57/share, a 16% increase over its 2012 budget target. Kinder Morgan Partners (KMP) expects to declare cash distributions of $5.28/unit, a 6% increase over its 2012 budget target. Yesterday, KMI won court approval of a $110M settlement of investor lawsuits over its El Paso acquisition.