Kinder Morgan (KMI) Declares $0.125 Quarterly Dividend; 2.2% Yield
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Kinder Morgan Declares Dividend of $0.125 for Fourth Quarter 2016
January 18, 2017 4:05 PM ESTNet Debt Reduction of Over $3.0 Billion During 2016 Significantly Enhanced Credit Profile
HOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of directors approved a cash dividend of $0.125 per share for the quarter ($0.50 annualized) payable on Feb. 15, 2017, to common shareholders of record as of the close of business on Feb. 1, 2017. KMI declared dividends of $0.50 per share for 2016 and used cash in excess of dividend payments to fully fund growth investments and strengthen its balance sheet.
Richard D. Kinder, executive chairman, said, We are pleased to have... More
