Kinder Morgan (KMI) Tops Q2 EPS by 2c

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Kinder Morgan (KMI) Declares $0.20 Quarterly Dividend; 4.5% Yield

July 18, 2018 4:09 PM EDT

Kinder Morgan (NYSE: KMI) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.

The dividend will be payable on August 15, 2018, to stockholders of record on July 31, 2018, with an ex-dividend date of July 30, 2018.

The annual yield on the dividend is 4.5 percent.

The board is very pleased with the companys progress during the quarter. We continue to aggressively de-lever even while maintaining our planned substantial dividend increase. We ended the quarter with a Net Debt-to-Adjusted EBITDA ratio... More