UPDATE: Kinder Morgan (KMI) Tops Q1 EPS by 1c, Offers Outlook
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Kinder Morgan Raises Dividend by 25 Percent and Announces Results for First Quarter of 2019
April 17, 2019 4:05 PM EDTMajor Permian Projects Advance; Substantial Growth Compared to Previous Period
HOUSTON--(BUSINESS WIRE)-- Kinder Morgan, Inc. (NYSE: KMI) today announced that its board of directors approved a cash dividend of $0.25 per share for the first quarter ($1.00 annualized) payable on May 15, 2019, to common stockholders of record as of the close of business on April 30, 2019. This is a 25 percent increase over the fourth quarter 2018 dividend. KMI is reporting first quarter net income available to common stockholders of $556 million, compared to $485 million in the first quarter of 2018; and distributable cash flow (DCF)... More
