Kinder Morgan (KMI) Misses Q4 EPS by 2c

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Kinder Morgan Reports Fourth Quarter 2023 Financial Results

January 17, 2024 4:05 PM EST

Raises 2024 Financial Guidance to Include Acquisition;

Approves Cash Dividend of $0.2825 Per Share ($1.13 Annualized)

HOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc.s (NYSE: KMI) board of directors today approved a cash dividend of $0.2825 per share for the fourth quarter ($1.13 annualized), payable on February 15, 2024, to stockholders of record as of the close of business on January 31, 2024. This dividend is a 2% increase over the fourth quarter of 2022.

The company is reporting:

Fourth quarter earnings per share (EPS) of $0.27 and distributable cash flow (DCF)... More