NEW YORK (

TheStreet

) -- The ex-dividend date for

Kinder Morgan Energy Partners

(NYSE:

KMP

) is tomorrow, October 27, 2011. Owners of shares as of market close today will be eligible for a dividend of $1.16 per share. At a price of $77.32 as of 10:05 a.m. ET, the dividend yield is 6%.

The average volume for Kinder Morgan Energy has been one million shares per day over the past 30 days. Kinder Morgan Energy has a market cap of $17.7 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 9.7% year to date as of the close of trading on Tuesday.

Kinder Morgan Energy Partners, L.P. owns and manages energy transportation and storage assets. The company has a P/E ratio of 513.7, above the average energy industry P/E ratio of 132.9 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Kinder Morgan Energy as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Kinder Morgan Energy Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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