Kinder Morgan (KMI) dividend raised to $0.2975 per share
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowKinder Morgan (KMI) announced a quarterly dividend of $0.2975 per share, reflecting a 2% increase over 2025. The company's payout ratio rebounded to 76.70%, up from 65.66% in the previous quarter. Adjusted EBITDA rose 12% year-over-year, with adjusted earnings per share increasing by 32%. With a growth backlog of $9.6 billion and an anticipated adjusted EBITDA at least 5% above its original budget, Kinder Morgan's financial health supports future dividend raises. This matters for investors as the improved cash flow allows for stable and potentially increasing dividends going forward.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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