Kinder Morgan Energy Partners LP (KMP)

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KMP inflation proof?

Kinder Morgan Energy LP (NYSE: KMP)

KMP is one of the largest energy transportation companies in America with approximately 37,000 miles of pipelines under management. With the energy demand expected to grow annually by 1% for the next 20 years, KMP is busy expanding and upgrading its infrastructure to meet this future demand.

KMP over the last 5 years on an average has increased its dividend payment by 6.38% compounded annually. During the same period its average dividend yield has been 6.82% and at the time of writing its dividend yield is 6.2%. KMP has a pretty consistent distribution ratio of around 55% , leaving its management room for consistent payment and avoiding fluctuations in earnings.