Kinder Morgan (KMI) Declares $0.27 Quarterly Dividend; 6% Yield

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Kinder Morgan Announces $0.27 Per Share Dividend and Results for Second Quarter Of 2021

July 21, 2021 4:05 PM EDT

HOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc.s (NYSE: KMI) board of directors today approved a cash dividend of $0.27 per share for the second quarter ($1.08 annualized), payable on August 16, 2021, to stockholders of record as of the close of business on August 2, 2021. This dividend represents a 3% increase over the second quarter of 2020.

KMI is reporting a second quarter net loss attributable to KMI of $757 million, compared to a net loss attributable to KMI of $637 million in the second quarter of 2020; and distributable cash flow (DCF) of $1,025 million, compared to $1,001 million in the second... More