Kinder Morgan (KMI) Declares $0.125 Quarterly Dividend; 2.6% Yield

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Go back to Kinder Morgan (KMI) Declares $0.125 Quarterly Dividend; 2.6% Yield

Kinder Morgan Declares Dividend of $0.125 for Fourth Quarter of 2017

January 17, 2018 4:05 PM EST

Strong Financial Performance Despite Non-cash Tax Cuts & Jobs Act Charge

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 fourth quarter ($0.50 annualized) payable on February 15, 2018, to common stockholders of record as of the close of business on January 31, 2018. KMI continues to expect to increase its dividend to $0.80 per share for 2018 ($0.20 per share for Q1 2018). KMI also continues to expect to use cash in excess of dividend payments to fully fund growth investments, further strengthening... More