Is Kinder Morgan still paying a dividend?

Is Kinder Morgan still paying a dividend?

HOUSTON–(BUSINESS WIRE)– Kinder Morgan, Inc.’s (NYSE: KMI) board of directors today approved a cash dividend of $0.27 per share for the fourth quarter ($1.08 annualized), payable on February 15, 2022, to stockholders of record as of the close of business on January 31, 2022.

How often does Kinder Morgan pay dividends?

4 dividends per year
Dividend Summary There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.0.

What months does Kinder Morgan pay dividends?

Investor Relations

Declared Date Ex-Dividend Date Payable Date
04/17/2019 04/29/2019 05/15/2019
01/16/2019 01/30/2019 02/15/2019
10/17/2018 10/30/2018 11/15/2018
07/18/2018 07/30/2018 08/15/2018

How much does Kinder Morgan pay per share?

Kinder Morgan – Kinder Morgan Announces $0.27 Per Share Dividend and Results for Third Quarter Of 2021.

How Safe Is Kinder Morgan’s dividend?

In the third quarter of 2021, Kinder Morgan’s distributable cash flow covered the dividend payment by 1.6 times. That’s pretty strong coverage, and it provides ample room for adversity before the dividend would be at risk. To be fair, the dividend increase in 2021 was a very modest 3% or so.

Is Kinder Morgan a good stock to buy?

Kinder Morgan currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.

How much debt does Kinder Morgan have?

How Much Debt Does Kinder Morgan Carry? As you can see below, Kinder Morgan had US$32.8b of debt at September 2021, down from US$34.7b a year prior. Net debt is about the same, since the it doesn’t have much cash.

Is Kinder Morgan a master limited partnership?

Kinder Morgan Partners, whose ticker symbol is KMP, is the largest pipeline master limited partnership in the world. It owns 54,000 miles of pipelines. It is legally structured as an MLP, meaning that it pays distributions rather than dividends.

Who is Kinder Morgan owned by?

2014: In August 2014, KMI announced that it would acquire all of the publicly held shares/units of KMP, KMR and EPB in an approximately $76 billion transaction. The transaction closed on November 26, 2014. Kinder Morgan is now one publicly traded company with a ticker on the New York Stock Exchange of KMI.

Is Kinder Morgan a good stock to buy long term?

Kinder Morgan has exhibited a nice resurgence as of late, with financial performance coming in strong year-over-year. The company is slated to perform well for the whole of 2021, and very little risk exists for it. Shares are attractively-priced, even if we take one-time benefits into consideration.

Does Kinder Morgan have a dividend?

The reality is that it is too early to consider Kinder Morgan as a dividend investment. It has only been consistently paying dividends for 7 years, however, standard practice for reliable payers is to look for a 10-year minimum track record. In terms of its peers, Kinder Morgan has a yield of 4.5%, which is high for Oil and Gas stocks.

Is Kinder Morgan better than Enbridge?

Verdict: Kinder Morgan is the better buy on valuation. Kinder Morgan and Enbridge both have strong financial profiles and solid growth prospects.

Is Kinder Morgan returning to growth?

Kinder Morgan has been patient not to overpay, but now seems to be making acquisitions at a good time. The company has a rocky past of overspending. Returning to growth is good news only if the

How much does Kinder Morgan pay?

The average Kinder Morgan hourly pay ranges from approximately $38 per hour for an Operator to $46 per hour for a Pipeline Controller. Kinder Morgan employees rate the overall compensation and benefits package 3.9/5 stars. What is the highest salary at Kinder Morgan?