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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.