Ten Must Own Dividend-Paying Stocks for 2013

10. Kinder Morgan Energy Partners, L.P.

Symbol: (NYSE:KMP)

Price: $84.69

Based in Houston, Texas this pipeline transportation and energy storage company has a market cap of $31.76 billion. The firm’s 12 trailing months show a revenue of $9.46 billion with a net income of $800 million.

KMP’s average price to earnings ratio (P/E ratio) amounts to 75.00 while the profit and operating margins amount to 20.26 percent and 27.05 percent, respectively. Quarterly earnings growth on a year-over-year basis: 280.10%. Total cash/most recent quarter [mrq]: $743 million.

Forward annual dividend rate: 5.20, Yield: 6.20%

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