Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today increased its quarterly cash distribution per common unit to $1.26 ($5.04 annualized) payable on Nov. 14, 2012, to unitholders of record as of Oct. 31, 2012. KMR is always the same date as KMP.
This is not the first time I have seen this type of price movement in KMR just before the ex-div date. Friday 10/26 is the last day to purchase shares to be considered unitholder of record as of 10/31/12. If you sell today you are giving up $1.26?