Kinder Morgan (KMI) Declares $0.2625 Quarterly Dividend; 8.4% Yield
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Kinder Morgan Announces Results for Third Quarter of 2020; Maintains $0.2625 Per Share Dividend
October 21, 2020 4:05 PM EDTHOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc.s (NYSE: KMI) board of directors today approved a cash dividend of $0.2625 per share for the third quarter ($1.05 annualized), payable on November 16, 2020, to common stockholders of record as of the close of business on November 2, 2020. This dividend represents a 5% increase over the third quarter of 2019.
KMI is reporting third quarter net income attributable to KMI of $455 million, compared to net income attributable to KMI of $506 million in the third quarter of 2019; and distributable cash flow (DCF) of $1,085 million, a 5% decrease from the third quarter of... More
