Kinder Morgan (KMI) Misses Q3 EPS by 4c

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Go back to Kinder Morgan (KMI) Misses Q3 EPS by 4c

Kinder Morgan Reports Third Quarter Earnings Per Share up 14% and Distributable Cash Flow Per Share up 11% Versus the Third Quarter Of 2021

October 19, 2022 4:05 PM EDT

HOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc.s (NYSE: KMI) board of directors today approved a cash dividend of $0.2775 per share for the third quarter ($1.11 annualized), payable on November 15, 2022, to stockholders of record as of the close of business on October 31, 2022. This dividend is a 3% increase over the third quarter of 2021.

The company is reporting third quarter net income attributable to KMI of $576 million, compared to net income attributable to KMI of $495 million in the third quarter of 2021; and distributable cash flow (DCF) of $1,122 million, compared to $1,013 million in the third quarter of 2021. Adjusted... More