Kinder Morgan Stock To Go Ex-dividend Tomorrow (KMI)

NEW YORK ( TheStreet) -- The ex-dividend date for Kinder Morgan (NYSE: KMI) is tomorrow, April 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $35.25 as of 9:30 a.m. ET, the dividend yield is 3.6%.

The average volume for Kinder Morgan has been two million shares per day over the past 30 days. Kinder Morgan has a market cap of $24.82 billion and is part of the basic materials sector and energy industry. Shares are up 9.1% year to date as of the close of trading on Tuesday.

Kinder Morgan, Inc. owns and operates energy transportation and storage assets in the United States and Canada. The company operates in six segments: Products Pipelines-KMP, Natural Gas Pipelines KMP, CO2 KMP, Terminals KMP, Kinder Morgan Canada KMP, and NGPL PipeCo LLC. The company has a P/E ratio of 51.6, below the average energy industry P/E ratio of 61.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Kinder Morgan as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally weak debt management and premium valuation. You can view the full Kinder Morgan Ratings Report.

See our dividend calendar or top-yielding stocks list.
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