Kinder Morgan (KMI) tops Q4 EPS by 1c, Kim Dang to become CEO

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Go back to Kinder Morgan (KMI) tops Q4 EPS by 1c, Kim Dang to become CEO

Kinder Morgan Reports Fourth Quarter Earnings Per Share up 7% and Distributable Cash Flow Per Share up 13% Versus the Fourth Quarter Of 2021

January 18, 2023 4:05 PM EST

Kinder Morgan Board Authorizes $1 Billion Increase in Share Repurchase Program; Management Announces Succession Plans

HOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc.s (NYSE: KMI) board of directors today approved a cash dividend of $0.2775 per share for the fourth quarter ($1.11 annualized), payable on February 15, 2023, to stockholders of record as of the close of business on January 31, 2023. This dividend is a 3% increase over the fourth quarter of 2021.

The company is reporting fourth quarter net income attributable to KMI of $670 million, compared to net income attributable to KMI of $637 million in the... More