Kinder Morgan (KMI) Declares $0.20 Quarterly Dividend; 4.6% Yield
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Kinder Morgan Declares $0.20 Dividend and Announces Results for Fourth Quarter of 2018
January 16, 2019 4:05 PM ESTCompany Credit Ratings Upgraded; Substantial Earnings Growth in 2018
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 fourth quarter ($0.80 annualized) payable on February 15, 2019, to common stockholders of record as of the close of business on January 31, 2019. KMI is reporting fourth quarter net income available to common stockholders of $483 million, versus a net loss available to common stockholders of $1,045 million in the fourth quarter of 2017; and distributable cash flow (DCF) of $1,273 million, a 7 percent... More
