Kinder Morgan Increases Quarterly Dividend to $0.49 Per Share, up 14%
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Go back to Kinder Morgan Increases Quarterly Dividend to $0.49 Per Share, up 14%
July 15, 2015 4:11 PM EDT
Kinder Morgan (NYSE: KMI) reported Q2 EPS of $0.15, may not compare to the analyst estimate of $0.19. DCF per share before certain items was $0.50. Revenue for the quarter came in at $3.46 billion versus the consensus estimate of $3.96 billion.
Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of directors approved an increase in its quarterly cash dividend to $0.49 ($1.96 annualized) payable on Aug. 14, 2015, to shareholders of record as... More
July 15, 2015 4:06 PM EDT
Kinder Morgan (NYSE: KMI) declared a quarterly dividend of $0.49 per share, or $1.96 annualized. This is a 14% increase from the prior dividend of $0.43.
The dividend will be payable on August 14, 2015, to stockholders of record on July 31, 2015, with an ex-dividend date of July 29, 2015.
The annual yield on the dividend is 5.2 percent.
We are pleased with the large increase in our project backlog which demonstrates our continued ability to leverage our unparalleled asset footprint and provides additional support for future growth, said Executive Chairman Richard D. Kinder. For the second quarter, KMI had steady... More
