Kinder Morgan (KMI) Misses Q4 EPS by 1c

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Kinder Morgan Canada Limited Declares Dividend and Announces Results for Fourth Quarter of 2018

January 16, 2019 4:05 PM EST

Restricted Voting Shareholders Receive $1.2 Billion Return of Capital Distributions

CALGARY, Jan. 16, 2019 /PRNewswire/ - The Kinder Morgan Canada Limited (TSX: KML) board of directors has declared a dividend for the fourth quarter of 2018 of $0.1625 per split-adjusted restricted voting share ($0.65 annualized), payable on February  15, 2019, to restricted voting shareholders of record as of January 31, 2019.  KML's restricted voting share dividends are eligible dividends for Canadian income tax purposes.  KML's board also determined to suspend KML's dividend reinvestment plan (DRIP), effective with this dividend in light of KML's reduced need for capital.

"KML's... More