Kinder Morgan (KMI) Declares $0.125 Quarterly Dividend; 2.4% Yield

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Go back to Kinder Morgan (KMI) Declares $0.125 Quarterly Dividend; 2.4% Yield

Kinder Morgan Declares Dividend of $0.125 for First Quarter 2017

April 19, 2017 4:05 PM EDT

Progressing Major Projects; Strengthening Balance Sheet

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 May 15, 2017, to common shareholders of record as of the close of business on May 1, 2017. KMI expects to declare dividends of $0.50 per share for 2017 and use cash in excess of dividend payments to fully fund growth investments and further strengthen its balance sheet.

Richard D. Kinder, executive chairman, said, We are pleased to have made additional... More