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Kinder Morgan Energy Partners, Message Board

  • Tommy1959 Tommy1959 Jan 18, 2012 9:47 PM Flag

    GAAP earnings v. Dividend

    Could someone explain how a company making $.51 last quarter can pay a $1.16 dividend? Do GAAP earnings not matter because of depreciation allowance? Or are they just borrowing the money or using proceeds of last secondary?

 
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