Kinder Morgan (KMI) Declares $0.20 Quarterly Dividend; 4.6% Yield

Kinder Morgan (NYSE: KMI) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.

The dividend will be payable on February 15, 2019, to stockholders of record on January 31, 2019, with an ex-dividend date of January 30, 2019.

The annual yield on the dividend is 4.6 percent.

“The dividend we are declaring is a 60 percent increase from the 2017 fourth quarter dividend, and is consistent with the plan to return value to shareholders that KMI announced during the summer of 2017,” said Richard D. Kinder, Executive Chairman. “We are pleased that so far two of the three ratings agencies recognized the tremendous progress we made on our balance sheet, and we fully expect the third agency to upgrade us later this year.”

For a dividend history and other dividend-related data on Kinder Morgan (KMI) click here.

You May Also Be Interested In

• Wealthfront launches custodial account with tax-gain harvesting
• SEI names Rob Wrzesniewski head of Stratos technology
• DoE Announces Conditional $17.5B Financing to Support Westinghouse Nuclear Reactor Deployment