Kinder Morgan (KMI) Misses Q4 EPS by 9c
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Kinder Morgan (KMI) Raises Quarterly Dividend 9.8% to $0.45; Offers Ops. Update; Names New CEO
January 21, 2015 4:09 PM ESTKinder Morgan (NYSE: KMI) declared a quarterly dividend of $0.45 per share, or $1.8 annualized. This is a 9.8% increase from the prior dividend of $0.41.
The dividend will be payable on February 17, 2015, to stockholders of record on February 2, 2015, with an ex-dividend date of January 29, 2015.
The annual yield on the dividend is 4.3 percent.
Chairman and CEO Richard D. Kinder said, KMI had a good year and will pay cash dividends of $1.74 per share for 2014, exceeding our annual budget of $1.72 per share, and 9 percent higher than the 2013 declared dividend of $1.60. While we experienced some headwinds in the... More
