Sunday, June 14, 2015

Recent Buy - KMI; CSCO


I purchased 25 shares of Kinder Morgan Inc. (KMI) on 
6/4/15 for $40.2691 per share.

This purchase adds $48 to my annual dividend income, based on the current $0.48 quarterly dividend.

Kinder Morgan is the largest energy infrastructure company in North America. The company operates approximately 84,000 miles of pipelines and 165 terminals. The pipelines transport natural gas, refined petroleum products, crude oil, carbon dioxide (CO2) and more. Kinder Morgan also stores or handles a variety of products and materials at their terminals such as gasoline, jet fuel, ethanol, coal, petroleum coke and steel.

Kinder Morgan is the largest midstream and the third largest energy company in North America with an enterprise value of approximately $130 billion.


Asset Map:
Kinder Morgan's large footprint of assets span North America.
View an enlarged map of all Kinder Morgan assets (in PDF).

I also purchased 1 share of Cisco Systems (CSCO) on 
6/4/15 for $28.65 per share. I've enrolled in the Flexible Reinvestment Program (FRIP) offered by Scottrade. Dividends received in this account will buy full shares of upto 5 securities. Currently I'm looking to buy only Cisco Systems at this time.

This purchase adds $0.84 to my annual dividend income, based on the current $0.21 quarterly dividend.

My dividend stock portfolio will pay $520.06 in dividends over the next 12 months.