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Kinder Morgan Energy Partners Message Board

  • cboatner Mar 18, 2014 12:13 AM Flag

    KMP dividend reinvestment?

    In reading the following on the KMP investor relations website I assume that KMP shares owned by a brokerage receive distribution in cash and are NOT reinvested. Is this correct?

    Q: Do any of the Kinder Morgan entities have a dividend / distribution reinvestment plan (DRIP)?
    A: No, none of the Kinder Morgan entities offer a DRIP; however, because KMR's dividend is automatically paid in additional shares of KMR it effectively functions as a DRIP.