HOUSTON--(BUSINESS WIRE)--Jul. 18, 2012-- Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today increased its quarterly cash distribution per common unit to $1.23 ($4.92 annualized) payable on Aug. 14, 2012, to unitholders of record as of July 31, 2012. This represents a 7 percent increase over the second quarter 2011 cash distribution per unit of $1.15 ($4.60 annualized) and is up from $1.20 per unit ($4.80 annualized) for the first quarter of 2012. KMP has increased the distribution 44 times since current management took over in February 1997.
$1.23 sounds like it would be in line with their annual projections, hope you are right in your estimate Notice you are from Anchorage, we visited your city about a month ago on an Alaskan tour, beautiful place. is the weather still as nice as it was in June?