Kinder Morgan, Inc. announced that its board of directors approved a quarterly cash dividend of $0.125 ($0.50 annualized) payable on February 15, 2016, to shareholders of record as of the close of business on February 1, 2016. This is down from $0.51 per share ($2.04 annualized) for the third quarter of 2015. Consistent with KMI's 2016 guidance provided on December 8, 2015, KMI expects to declare dividends of $0.50 per share for 2016 and use cash in excess of dividend payments to fully fund growth investments.
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- Kinder Morgan, Inc. Approves Quarterly Cash Dividend, Payable on February 15, 2016; Provides Dividend Guidance for 2016