Kinder Morgan (KMI) Tops Q2 EPS by 27c

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Go back to Kinder Morgan (KMI) Tops Q2 EPS by 27c

Kinder Morgan Announces $0.2625 Per Share Dividend and Results for Second Quarter Of 2020

July 22, 2020 4:05 PM EDT

HOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc.s (NYSE: KMI) board of directors today approved a cash dividend of $0.2625 per share for the second quarter ($1.05 annualized), payable on August 17, 2020, to common stockholders of record as of the close of business on August 3, 2020. This dividend represents a 5 percent increase over the second quarter 2019.

KMI is reporting a second quarter net loss attributable to KMI of $637 million, compared to net income attributable to KMI of $518 million in the second quarter of 2019; and distributable cash flow (DCF) of $1,001 million, an 11 percent decrease from the second... More