Kinder Morgan, Inc. (NYSE:KMI) Shareholders to Collect $0.30 Quarterly Dividend

Kinder Morgan, Inc. (NYSE:KMI – Get Free Report) declared a quarterly dividend on Wednesday, October 21st. Investors of record on Monday, November 2nd will be paid a dividend of $0.2975 per share by the pipeline company on Monday, November 16th. This represents a $1.19 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Monday, November 2nd.

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 fall. Equities analysts expect Kinder Morgan to earn $1.55 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 76.8%.

Kinder Morgan Stock Performance

NYSE KMI traded down $1.20 on Thursday, hitting $32.77. 8,490,518 shares of the company traded hands, compared to its average volume of 12,196,332. The business’s 50 day moving average price is $31.82 and its 200-day moving average price is $32.03. Kinder Morgan has a 52-week low of $25.60 and a 52-week high of $34.81. The company has a current ratio of 0.46, a quick ratio of 0.36 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $72.97 billion, a price-to-earnings ratio of 20.95, a P/E/G ratio of 2.36 and a beta of 0.59.

Kinder Morgan (NYSE:KMI – Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The pipeline company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02. Kinder Morgan had a return on equity of 10.46% and a net margin of 19.31%. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter last year, the company earned $0.29 earnings per share. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. Equities analysts expect that Kinder Morgan will post 1.56 earnings per share for the current year.

Kinder Morgan News Roundup

Here are the key news stories impacting Kinder Morgan this week:

  • Positive Sentiment: Q3 results topped expectations: Kinder Morgan reported adjusted EPS of $0.35, above the $0.33 consensus, while revenue rose 9.3% year over year to $4.53 billion, exceeding the $4.37 billion estimate. EPS increased from $0.29 in the prior-year quarter. KMI Q3 deep dive: natural gas project surge extends growth runway
  • Positive Sentiment: Record project backlog supports future growth: The company added $5.4 billion to its expansion backlog, taking the natural-gas pipeline backlog to a record $13.2 billion. Demand from data centers, power generation and LNG exports is driving new opportunities. Kinder Morgan’s Natural Gas Pipeline Backlog Hits Record $13.2 Billion
  • Positive Sentiment: $4.7 billion of new projects approved: Kinder Morgan reached final investment decisions on the Southeast Connector and Permian Link pipelines, reinforcing expectations for longer-term earnings and cash-flow growth. Kinder Morgan to invest $4.7 billion in two gas pipeline projects as demand surges
  • Positive Sentiment: Analyst sentiment improved: Mizuho raised its price target from $37 to $39 and assigned an “outperform” rating, suggesting further upside based on the company’s growth pipeline.
  • Positive Sentiment: Dividend maintained: Kinder Morgan declared a quarterly dividend of $0.2975 per share, or $1.19 annualized, representing a yield of approximately 3.5%. Kinder Morgan declares $0.2975 dividend
  • Negative Sentiment: Full-year outlook trails expectations: Kinder Morgan expects 2026 adjusted EPS of $1.36, below the FactSet consensus of $1.54, which could limit enthusiasm despite the strong quarter and backlog growth. Kinder Morgan Expects 2026 Adjusted EPS of $1.36
  • Neutral Sentiment: A vice president sold $52,157.50 of stock under a pre-arranged Rule 10b5-1 plan; the relatively small, scheduled transaction is unlikely to materially affect the investment case.

About Kinder Morgan

(Get Free Report)

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.

The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.

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Dividend History for Kinder Morgan (NYSE:KMI)

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