Kinder Morgan, Inc. Approves Cash Dividend for the Fourth Quarter, Payable on February 18, 2020; Provides Dividend Guidance for the Year 2020
January 22, 2020 at 04:22 pm
Kinder Morgan, Inc. announced that its board of directors approved a cash dividend of $0.25 per share for the fourth quarter ($1.00 annualized), payable on February 18, 2020, to common stockholders of record as of the close of business on February 3, 2020.
For 2020, KMI’s budget contemplates declared dividends of $1.25 per common share, a 25% increase from the 2019 declared dividends, DCF of approximately $5.1 billion ($2.24 per common share).