Kinder Morgan (KMI) Raises Quarterly Dividend 60% to $0.20; 4.9% Yield

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Go back to Kinder Morgan (KMI) Raises Quarterly Dividend 60% to $0.20; 4.9% Yield

Kinder Morgan Increases Dividend by 60 Percent

April 18, 2018 4:05 PM EDT

Will Pay $0.20 for First Quarter

HOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of directors approved a cash dividend of $0.20 per share for the first quarter ($0.80 annualized) payable on May 15, 2018, to common stockholders of record as of the close of business on April 30, 2018. This is a 60 percent increase from last quarters dividend, and is consistent with the plan KMI announced during the summer of 2017. KMI continues to expect to use cash in excess of dividend payments to fully fund growth investments, further strengthening its... More