On July 16, 2008, KMP increased its quarterly cash distribution per unit to $0.99 from $0.96 which is a 16% increase over the Q2 2007 distribution. Distributable cash flow per unit before certain items was $1.14, up 31 percent from $0.87 per unit for the comparable period last year. KMP has increased the distribution 33 times since current management took over in February of 1997.
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