Kinder Morgan, Inc. Announces Quarterly Dividend of $0.30 (NYSE:KMI)

Kinder Morgan, Inc. (NYSE:KMI) announced a quarterly dividend on Wednesday, July 22nd. Shareholders of record on Monday, August 3rd will be given a dividend of 0.2975 per share by the pipeline company on Monday, August 17th. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date is Monday, August 3rd.

Kinder Morgan has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 9 years. Kinder Morgan has a payout ratio of 88.1% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities research analysts expect Kinder Morgan to earn $1.51 per share next year, which means the company should continue to be able to cover its $1.19 annual dividend with an expected future payout ratio of 78.8%.

Kinder Morgan Trading Up 0.3%

Shares of KMI stock opened at $32.49 on Thursday. Kinder Morgan has a 52-week low of $25.60 and a 52-week high of $34.81. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.41 and a current ratio of 0.52. The company has a market capitalization of $72.29 billion, a PE ratio of 21.81, a price-to-earnings-growth ratio of 2.70 and a beta of 0.54. The business’s fifty day moving average is $32.28 and its 200 day moving average is $31.79.

Kinder Morgan (NYSE:KMI) last announced its earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. The business had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.22 billion. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. Kinder Morgan’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period last year, the firm posted $0.28 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, equities research analysts anticipate that Kinder Morgan will post 1.49 EPS for the current fiscal year.

Kinder Morgan Company Profile

Kinder Morgan (NYSE: KMI) is a large energy infrastructure company that owns and operates an extensive network of pipelines and terminals across North America. Its core activities center on the transportation, storage and handling of energy products, including natural gas, natural gas liquids (NGLs), crude oil, refined petroleum products and carbon dioxide. The company’s assets include long-haul and gathering pipelines, storage facilities, and multi-modal terminals that serve producers, refiners, utilities and industrial customers.

Kinder Morgan’s operations deliver midstream services such as pipeline transportation, terminaling, storage and related logistics and maintenance.