coolguy82

coolguy82
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• Kinder Morgan to raise Q3 dividend next week, Markit forecasts  [View news story]
Jerry,

I said this on another article but it bears repeating since you watch KMI like I do and I want you to know what Kinder means when he says 2.00. When Kinder talks dividends, they talk about the "total payout" for the fiscal year not an amount/quarter times 4. Here is the link to the kinder's IR page dividend history.

http://bit.ly/1QedMaU

Let's do the math for F'13 (1.60) and F'14 (1.74) and F'15 (2.00)

Kinder does fiscal year totals (last three quarters of calendar and first quarter of the next calendar year)

F'13 was .38 + .40 + .41 +.41 = 1.60

F'14 was .42 + .43 + .44 + .45 = 1.74

F'15 was .48 + .49 + ? + ? = 2.00

Annual means total for the fiscal year when Kinder talks dividends.
Oct 9, 2015. 01:02 PM | 2 Likes |Link to Comment
• Kinder Morgan: Let's Roll The Dice, I'll Bet On A Penny Dividend Hike  [View article]
deviruchi,

Achilles is correct in his projection of .50 this quarter and .53 the next. When Kinder talks dividends, they talk about the "total payout" for the fiscal year not an amount/quarter times 4. Here is the link to the kinder's IR page dividend history.

http://bit.ly/1QedMaU

Let's do the math for F'13 (1.60) and F'14 (1.74) and F'15 (2.00)

Kinder does fiscal year totals (last three quarters of calendar and first quarter of the next calendar year)

F'13 was .38 + .40 + .41 +.41 = 1.60

F'14 was .42 + .43 + .44 + .45 = 1.74

F'15 was .48 + .49 + ? + ? = 2.00

Annual means total for the fiscal year when Kinder talks dividends.
Oct 9, 2015. 12:55 PM | 6 Likes |Link to Comment
• Kinder Morgan to raise Q3 dividend next week, Markit forecasts  [View news story]
"bringing KMI's annual dividend to \$2.00 and current yield to 6.7%."

Jerry,

Above it talks about the annual dividend being 2.00. Annually is connected to the fiscal year or any full year. There was nothing said about a dividend rate. The rate would be stated as 50 cents per share IMO. Again 2 dollars has not been paid annually but it is expected. The statement above from SA is not correct. I think you are confused with the statement
Oct 8, 2015. 11:11 AM | Likes |Link to Comment
• Kinder Morgan to raise Q3 dividend next week, Markit forecasts  [View news story]
Even with WTI at 45 and NG at 2.55~ they can still hit their target (have enough DCF coverage) as stated on the IR presentation a couple weeks ago.

http://bit.ly/1OjVsj5

Page 11
Oct 6, 2015. 04:03 PM | 3 Likes |Link to Comment
• Kinder Morgan to raise Q3 dividend next week, Markit forecasts  [View news story]
In order fir KMI to meet 2.00 for the year if this quarter is 50 cents then, next quarter has to be 53 cents. We are talking KMI fiscal year here...not calendar year. 1Q was 48 cents, 2Q was 49 cents, if 3Q is 50 cents then 4Q in Feb/Mar 16 has to be 53 cents.

I'm hoping for an increase to .51 and then .52 FQ4
Oct 6, 2015. 03:13 PM | 3 Likes |Link to Comment
• 3 Blue-Chip DRIP Programs You Should Not Touch  [View article]
LMT, COP and JNJ for my daughters UTMA. I believe all are fee free....and doing well.
May 9, 2013. 02:33 PM | Likes |Link to Comment
• Kinder Morgan Management: A Cheaper Way To Own Kinder Morgan Partners  [View article]
No 1099's until you sell....
Apr 9, 2013. 10:21 AM | Likes |Link to Comment
• Buy Kinder Morgan For Yield And Dividend Growth  [View article]
"KMR will have NO taxes if it is in either a regular IRA"

I thought that every distribution from a regular IRA is taxed as ordinary income? KMR shares would have to be sold to generate cash and are you saying that cash is tax free?
Mar 21, 2013. 08:14 AM | 1 Like |Link to Comment
• Kinder Morgan Partners Is The Best Pick In The MLPs  [View article]
Why would you keep KMR in an IRA? That takes away the advantage that KMR provides if you do that. You would have to pay ordinary income taxes on withdrawals from an IRA. I keep KMR in a taxable account so that my taxes are deferred until I sell (no K-1 or 1099) and when I do decide to sell, all my gains are considered capital gains and eligible for the lower tax rates.
Mar 11, 2013. 05:16 PM | Likes |Link to Comment
• Which Stock Is The Best For You From The Kinder Morgan Family?  [View article]
KMR gives you the opportunity to reinvest shares with no tax liability in a taxable account until you sell. PM, my next largest holding in a taxable account leaves me with taxes to pay on every quarterly dividend regardless if I reinvest or not. I would also have to pay capital gains tax when i sell PM. Investing in KMR reduces your tax liability to only capital gains and you control when you sell the stock and trigger taxes. This could lead to a small fortune....in a taxable account.
Jan 1, 2013. 01:33 PM | Likes |Link to Comment
• Armour Residential: A Double-Digit Yield Opportunity In The mREIT Market  [View article]
I agree mREITs are better for the tax deferred accounts but I would also recommend holding REIT's in a taxable account. A 50% (exaggerated) ordinary tax on 14% dividend is still better than a 15% qualified tax on lets say ATT's ~ 6% dividend.

After tax I personally have > 10% dividend income from ARR that I can use for whatever I want right now.... a vacation, toy or charitable donation/529 funds. I have no problem paying Uncle Sam ordinary income tax on a massive 14% dividend because I know what the tax rates are now and not in the future.

Disclosure: I have mREITS in both ROTH IRA and taxable accounts.
Oct 3, 2012. 12:34 PM | 2 Likes |Link to Comment
• 5 Dividend Stocks To Buy Based On The Fed's Actions  [View article]
Bought V @ ~ 113 and sold @ ~112. Mad at myself for not being patient... Hope to get back in a good price once the cash is available. Plan to put in my IRA as a buy and 'monitor'
Sep 19, 2012. 04:19 PM | Likes |Link to Comment
• Armour: This 17% Yielder Is A Buy Now  [View article]
Buy low like Jaxx said. I liked his comment but it bears repeating. I bought at 6.90 but would not buy now.

FYI it is not yielding 17% at this point and time either.
Jul 3, 2012. 08:26 AM | 2 Likes |Link to Comment
• Defend Your Portfolio With Altria Now  [View article]
People recommend diversifying into different stocks but every time i am ready to buy, I usually end up pouring more money into MO. I lean very heavily on this stock and it bothers me that the MO piece of pie in my chart is so big, but until there are red flags I will continue to add to my position. Taxable or tax deferred it doesn't matter....
Jun 28, 2012. 04:37 PM | Likes |Link to Comment
• The McDonald's (MCD +0.8%) juggernaut is far from over, argues Oliver Pursche. Instead of lamenting the stock's two-month slide or the company's correlation to the global economy, he banks on the same management team that smashed S&P 500 rivals over the last 10 years as keeping their outperforming ways in place.   [View news story]
They are also improving the menu providing higher quality beverages, desserts and 'gourmet type' burgers and chicken items. This is not your old McDonalds if you haven't ventured into one in a while.
Jun 22, 2012. 02:50 PM | 1 Like |Link to Comment