
The KMI dividend yield is a crucial metric for investors to understand, and it's closely tied to the company's stock performance.
KMI's dividend yield has historically been around 5-6% over the past decade, which is relatively high compared to other dividend-paying stocks.
A dividend yield of 5-6% means that for every $100 invested in KMI, you can expect to earn around $5-6 per year in dividend payments.
This is a significant consideration for investors who rely on dividend income to support their investment portfolio.
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Kinder Morgan Dividend
Kinder Morgan's dividend yield is a major draw for investors, with a current yield of over 5%. This puts the company among the top 10 highest-yielding dividend stocks in the S&P 500, where the average yield is below 1.5%.
The company's quarterly dividend rate is $0.2875 per share, which translates to $1.15 annually. This is a 2% increase from the previous year, marking the company's seventh straight year of increasing its payout.
Kinder Morgan is on track to pay about $2.6 billion in cash dividends this year, which is a relatively low payout ratio of around 51%. This means the company will retain about $2.4 billion in excess free cash flow, more than enough to fund its growth capital spending plan.
The company's conservative financial profile and stable cash flow make its high-yielding dividend on a rock-solid foundation. With more growth ahead, Kinder Morgan is an excellent option for those seeking a sustainable and steadily rising stream of dividend income.
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Quant Rec - KMI
Quant Rec - KMI is a key metric for Kinder Morgan investors. It measures the company's stock price performance against the S&P 500 Energy Index.
Kinder Morgan's Quant Rec - KMI is 0.92, which means its stock price has outperformed the S&P 500 Energy Index by 92% over the past year.
This is a significant outperformance, especially considering the company's large market capitalization and diversified energy portfolio.
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Kinder Morgan Raises Dividend on Strong Earnings
Kinder Morgan, one of the largest energy infrastructure companies in North America, has hiked its dividend by 3% amid blowout earnings. This marks the company's seventh straight year of increasing its payout.
The company's high-yielding dividend yield is approaching 5%, making it one of the highest-yielding dividend stocks in the S&P 500. The average yield in the S&P 500 is less than 1.5%.
Kinder Morgan's quarterly dividend rate is $0.2875 per share, or $1.15 annually. This payment is about 2% higher than the prior year's level.
The company's stable cash flow and conservative financial profile put its high-yielding dividend on a rock-solid foundation. Kinder Morgan is on track to produce $5 billion, or $2.26 per share, of distributable cash flow this year.
The company's dividend payout ratio is around 51%, which is reasonably low. This will allow Kinder Morgan to retain about $2.4 billion in excess free cash flow this year.
Kinder Morgan's strong balance sheet and conservative financial profile make it an excellent option for those seeking a sustainable and steadily rising stream of dividend income.
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Understanding Dividend Metrics
A payout ratio of NaN% for Kinder Morgan, Inc. means that NaN% of the company's earnings are paid out as dividends. This is a crucial metric to consider when evaluating dividend-paying stocks.
A low payout ratio can indicate that the company has a strong financial position and can invest in growth opportunities. On the other hand, a high payout ratio may suggest that the company is returning most of its earnings to shareholders.
Kinder Morgan, Inc. pays dividends on a quarterly basis, with the next payment planned for February 18, 2025. This regular dividend schedule is a positive sign for investors.
The company has increased its dividends for 8 consecutive years, demonstrating its financial stability and ability to pay consistent dividends in the future. This track record is a significant advantage for investors seeking reliable dividend income.
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Dividend Data and History
Kinder Morgan, Inc.'s dividend yield is 4.38%, which means that for every $100 invested in the company's stock, investors would receive $4.38 in dividends per year.
The company's payout ratio is NaN%, which is a significant indicator of its financial position and ability to invest in growth opportunities.
KMI's annual dividend is $1.15 per share, which is the total amount of dividends paid out to shareholders in a year.
Kinder Morgan, Inc. pays dividends on a quarterly basis, with the next payment planned for February 18, 2025.
The company's ex-dividend date is February 3, 2025, which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment.
KMI has increased its dividends for 8 consecutive years, which is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.
Kinder Morgan, Inc.'s dividend payments per share have averaged 1.77% over the past 12 months, 2.12% over the past 36 months, and 2.83% over the past 60 months.
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Comparing Kinder Morgan Stocks
Kinder Morgan, Inc.'s dividend yield of 4.38% is the percentage of the current stock price that is paid out as dividends to shareholders.
This value is compared to others in its sector, country, and the world, giving investors a quick snapshot of its relative stability and growth potential.
KMI's dividend yield is higher than 73% of companies in its country, as indicated by a value of 0.73 relative to country.
To compare Kinder Morgan, Inc.'s dividend yield to its peers, we can use the percentile ranks table, which shows its relative performance in the sector, country, and world.
Here's a breakdown of Kinder Morgan, Inc.'s dividend yield compared to others:
This table helps investors quickly evaluate Kinder Morgan, Inc.'s dividend metrics and make informed decisions about its investment potential.
Kinder Morgan Overview
Kinder Morgan is a pipeline giant with a high-yielding dividend. At its current share price, Kinder Morgan's dividend yields more than 5%, making it among the top 10 highest-yielding dividend stocks in the S&P 500.
The company's quarterly dividend rate is $0.2875 per share, which translates to an annualized rate of $1.15. This is 2% higher than last year's payout.
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Kinder Morgan has increased its dividend for seven straight years, a remarkable streak that demonstrates the company's commitment to rewarding its shareholders.
The company is on track to produce $5 billion in distributable cash flow this year, an 8% increase from 2023's total. This growth in cash flow will help support Kinder Morgan's dividend payments.
Kinder Morgan's dividend payout ratio is around 51%, which is reasonably low and allows the company to retain excess free cash flow. This excess free cash flow can be used to fund growth capital spending or repurchase shares.
Valuation and Analysis
The trailing PE ratio for Kinder Morgan is 23.35, which is a significant indicator of the company's valuation.
This ratio suggests that investors are willing to pay a premium for Kinder Morgan's stock, considering its current earnings.
The forward PE ratio is 21.21, which is lower than the trailing PE ratio, indicating that investors expect the company's earnings to grow in the future.
The forward PE ratio is a more forward-looking metric, giving us a glimpse into what investors expect from Kinder Morgan's future performance.
Kinder Morgan's PEG ratio is 3.32, which is a measure of the company's valuation relative to its earnings growth.
A PEG ratio above 1 indicates that the company's valuation is higher than its earnings growth, which may be a cause for concern.
Here's a summary of Kinder Morgan's valuation ratios:
Frequently Asked Questions
What is the 5 year dividend growth rate for KMI?
The 5-year dividend growth rate for KMI is 8.00% as of September 2024. This impressive growth rate suggests a strong commitment to shareholder returns.
Sources
- https://www.dividend.com/stocks/energy/oil-gas-coal/midstream-oil-gas/kmi-kinder-morgan-inc/
- https://www.koyfin.com/company/kmi/dividends/
- https://www.fool.com/investing/2024/10/10/what-is-the-dividend-payout-for-kinder-morgan/
- https://www.fool.com/investing/2024/09/06/how-much-will-kinder-morgan-pay-out-in-dividends-t/
- https://stockanalysis.com/stocks/kmi/statistics/
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