Kinder Morgan (KMI) Declares $0.20 Quarterly Dividend; 4.5% Yield
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Kinder Morgan Declares $0.20 Dividend and Announces Results for Third Quarter of 2018
October 17, 2018 4:05 PM EDT
Leverage Target Achieved; Company Credit Ratings on Positive
Outlook;
Expects to Exceed Financial Targets for the
Year
HOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of directors approved a cash dividend of $0.20 per share for the third quarter ($0.80 annualized) payable on November 15, 2018, to common stockholders of record as of the close of business on October 31, 2018. KMI is reporting third quarter net income available to common stockholders of $693 million, versus $334 million in the third quarter of 2017; and distributable cash flow... More
