Kinder Morgan (KMI) Declares $0.20 Quarterly Dividend; 4.5% Yield
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Kinder Morgan Declares $0.20 Dividend and Announces Results for Second Quarter of 2018
July 18, 2018 4:05 PM EDT
Strong Progress on De-levering;
Robust
Performance by Natural Gas and Products Pipelines
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 second quarter ($0.80 annualized) payable on August 15, 2018, to common stockholders of record as of the close of business on July 31, 2018. This is a 60 percent increase from last years fourth quarter dividend, and is consistent with the plan KMI announced during the summer of 2017. Due to $749 million in non-cash... More
