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Kinder Morgan Announces $0.2925 Quarterly Dividend, Maintains Forward Yield at 4.19%
ByAinvest
Thursday, Jul 17, 2025 8:28 am ET1min read
Kinder Morgan has declared a quarterly dividend of $0.2925 per share, in line with previous dividends. The forward yield is 4.19%. The dividend is payable on August 15 for shareholders of record on July 31. The company's dividend scorecard, yield chart, and dividend growth can be found on their website.
Kinder Morgan, Inc. (NYSE: KMI) has announced its second quarter 2025 financial results, highlighting robust performance and strategic initiatives. The company reported earnings per share (EPS) up 23% year-over-year (YoY), with adjusted EPS increasing by 12% [1].Key financial highlights include:
- Net Income Attributable to KMI: $715 million, a 24% increase from the same period last year.
- Adjusted Net Income Attributable to KMI: $619 million, up 13% YoY.
- Adjusted EBITDA: $1,972 million, a 6% increase from the second quarter of 2024.
The company also announced a cash dividend of $0.2925 per share, payable on August 15, 2025, representing a 2% increase over the second quarter of 2024 [1].
Executive Chairman Richard D. Kinder noted the company's leadership in the global energy sector, emphasizing the growing demand for natural gas and supportive regulatory environments. Chief Executive Officer Kim Dang highlighted strong operational performance and project execution, with cash flow from operations at $1.6 billion and free cash flow (FCF) after capital expenditures at $1.0 billion [1].
Kinder Morgan's project backlog stood at $9.3 billion at the end of the second quarter 2025, a 6% increase from the first quarter. The company expects the remaining $7.6 billion of projects to generate an aggregate first-full-year Project EBITDA multiple of approximately 5.6 times [1].
The company also expects to exceed its budget by at least the amount of contributions from the Outrigger Energy II acquisition. For 2025, KMI budgeted net income attributable to KMI of $2.8 billion, Adjusted EPS of $1.27, and Adjusted EBITDA of $8.3 billion [1].
References:
[1] https://ir.kindermorgan.com/news/news-details/2025/Kinder-Morgan-Reports-Second-Quarter-2025-Financial-Results/default.aspx
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