Kinder Morgan (KMI) β A Great Dividend Stock Amongst the LNG Boom
π° Kinder Morgan paid $1.3 billion in dividends during the first half of 2025.
π The company declared a quarterly dividend of $0.2925 per share in July, annualizing to $1.17.
π The quarterly dividend represents a 2% increase from the 2024 payout level.
ποΈ Kinder Morgan holds a solid project backlog of $9.3 billion at the end of Q2 2025.
π Due to tax rule changes, the company expects to avoid paying cash taxes in 2026 and 2027.
β½ Approximately 40% of all American LNG exports flow through Kinder Morgan's pipelines.
π The company operates or has an interest in approximately 79,000 miles of pipelines.
π Kinder Morgan manages a network of 139 terminals across North America.
- Kinder Morgan paid $1.3 billion in dividends in the first half of 2025, demonstrating strong cash generation for shareholders.
- The company increased its annualized dividend to $1.17 per share, a 2% rise from the previous year.
- A backlog of $9.3 billion at the end of Q2 2025 indicates significant future revenue visibility and growth potential.
- Tax rule changes will allow Kinder Morgan to avoid cash tax payments in 2026 and 2027, directly boosting free cash flow.
- The company controls 40% of American LNG export flows, providing a structural advantage in the growing energy sector.