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Kinder Morgan (Kinder Morgan) 3-Year Dividend Growth Rate

: 2.70% (As of Dec. 2023)
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Kinder Morgan's Dividends per Share for the three months ended in Dec. 2023 was $0.28.

The historical rank and industry rank for Kinder Morgan's 3-Year Dividend Growth Rate or its related term are showing as below:

KMI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -33.5   Med: 9   Max: 31.9
Current: 2.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kinder Morgan was 31.90% per year. The lowest was -33.50% per year. And the median was 9.00% per year.

KMI's 3-Year Dividend Growth Rate is ranked worse than
73.77% of 305 companies
in the Oil & Gas industry
Industry Median: 14.5 vs KMI: 2.70

During the past 12 months, Kinder Morgan's average Dividends Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Kinder Morgan's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.05. As of today, Kinder Morgan's Dividend Yield % is 5.98%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kinder Morgan Inc is 1.06, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas Midstream subindustry, Kinder Morgan's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kinder Morgan 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Kinder Morgan's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Kinder Morgan's 3-Year Dividend Growth Rate falls into.



Kinder Morgan 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Kinder Morgan  (NYSE:KMI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Kinder Morgan's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.283/ 0.27
=1.05

During the past 13 years, the highest Dividend Payout Ratio of Kinder Morgan was 38.46. The lowest was 0.78. And the median was 1.25.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kinder Morgan Inc is 1.06, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Kinder Morgan Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2832024-01-302024-01-312024-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2832023-10-302023-10-312023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2832023-07-282023-07-312023-08-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2832023-04-282023-05-012023-05-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Kinder Morgan's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.132/18.84
=6.01 %

Current Share Price is $18.84.
Kinder Morgan's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.132.

During the past 13 years, the highest Dividend Yield of Kinder Morgan was 14.85%. The lowest was 2.18%. And the median was 4.87%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kinder Morgan 3-Year Dividend Growth Rate Related Terms>


Kinder Morgan (Kinder Morgan) Business Description

Industry
Traded in Other Exchanges
Address
1001 Louisiana Street, Suite 1000, Houston, TX, USA, 77002
Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 83,000 miles in pipelines and 140 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.
Executives
John W Schlosser officer: V.P. (President, Terminals) 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Dax Sanders officer: V.P., Corporate Development 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Denise R Mathews officer: VP, Human Resources/Admin/IT 1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Sital K Mody officer: V.P. (Pres.,Nat Gas Pipelines) 1001 LOUISIANA STREET SUITE 1000, HOUSTON TX 77002
Anthony B Ashley officer: VP (President, CO2 and ETV) 1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Jesse Arenivas officer: VP(President, CO2) 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Deborah Macdonald director KINDER MORGAN, INC., 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Gary Hultquist director 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Robert F Vagt director 5300 MEMORIAL DR, STE 800, HOUSTON TX 77007
Thomas A Martin officer: VP (Pres., Natural Gas Pipeln) 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
William A Smith director KINDER MORGAN, 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Richard D Kinder director, officer: Chairman & CEO 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Perry M Waughtal director 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Kevin P Grahmann officer: V.P., Corporate Development 1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Steven J Kean director, officer: Exec VP & COO 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002

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