On 7/31/24, Kinder Morgan will trade ex-dividend, for its quarterly dividend of $0.2875, payable on 8/15/24. As a percentage of KMI’s recent stock price of $21.37, this dividend works out to approximately 1.35%, so look for shares of Kinder Morgan to trade 1.35% lower — all else being equal — when KMI shares open for trading on 7/31/24.
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Below is a dividend history chart for KMI, showing historical dividends prior to the most recent $0.2875 declared by Kinder Morgan:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from KMI is likely to continue, and whether the current estimated yield of 5.38% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of KMI shares, versus its 200 day moving average:
Looking at the chart above, KMI’s low point in its 52 week range is $15.89 per share, with $21.86 as the 52 week high point — that compares with a last trade of $21.27.
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In Monday trading, Kinder Morgan shares are currently up about 1.4% on the day.
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