Kinder Morgan (KMI) Raises Quarterly Dividend 14% to $0.49; Updates on Outlook

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Go back to Kinder Morgan (KMI) Raises Quarterly Dividend 14% to $0.49; Updates on Outlook

Kinder Morgan Increases Quarterly Dividend to $0.49 Per Share, up 14%

July 15, 2015 4:05 PM EDT

KMI Remains on Track to Meet its Full-Year Dividend Target of $2.00 Per Share

Project Backlog Increased by $3.7 Billion from the First Quarter to $22.0 Billion

HOUSTON--(BUSINESS WIRE)-- 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 of the close of business on July 31, 2015. This represents a 14 percent increase over the second quarter 2014 dividend of $0.43 per share ($1.72 annualized) and is up from $0.48 per share ($1.92 annualized)... More