Does anyone know when is the ex date for this stock? Also does anyone know any website that gives upcoming ex dates for free? There are many sites that use to give this info for free but now they are charging.
"Kinder Morgan Energy Partners, L.P. (KMP) today increased its quarterly cash distribution per common unit to $1.29 ($5.16 annualized) payable on Feb. 14, 2013, to unitholders of record as of Jan. 31, 2013."
The ex-date is the second business day before the date of record. So you must own it on the 28th to get the distribution since it goes "ex" on the 29th.
Don't ever pay for information that is publicly available. Don't trade in and out of stocks around ex dates. This advice is free as well :-)
Thanks for the info. I"ll give you a tip: i have been making tons of money by buying stocks on the ex date when it drops in response to the div payment and sell at a run up within a couple of days. I make more money over the short term than holding for the dividend...check out some big dividend stocks and see how much one could have made on buying ex div.