Kinder Morgan (KMI) Dividend History & Yield
Dividend ChallengerKinder Morgan (KMI) has increased its dividend for 9 consecutive years and currently yields 3.50%. The most recent dividend was $0.2975/share on May 15, 2026, paid Quarterly.
Current Yield
3.50%
TTM Dividend/Share
$1.18
Payment Frequency
Quarterly
Payout Ratio
78.9%
Consecutive Growth Years
9 (Dividend Challenger)
Div Growth (1Y CAGR)
1.75%
Div Growth (5Y CAGR)
2.35%
Div Growth (10Y CAGR)
-4.92%
KMI: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
5.8%
FCF payout ratio
16.8%
Net debt / EBITDA
4.2x
Interest coverage
2.82x
ROIC (TTM)
7.4%
Dividend Safety Score
3 out of 7 checks passed
Payout ratio below 75%
Payout ratio is 78.9%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($1.45) covers dividend/share ($1.18).
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 9 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 16.8%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 4.2x.
Dividend growth ≤ earnings growth (5Y)
N/A — earnings base is negative, CAGR not computable.
Per-payment dividend history
Ex-date May 4, 2026
- Payment date
- May 15, 2026
- Dividend
- $0.2975
- Adj. dividend
- $0.2975
Ex-date Feb 2, 2026
- Payment date
- Feb 17, 2026
- Dividend
- $0.2925
- Adj. dividend
- $0.2925
Ex-date Nov 3, 2025
- Payment date
- Nov 17, 2025
- Dividend
- $0.2925
- Adj. dividend
- $0.2925
Ex-date Jul 31, 2025
- Payment date
- Aug 15, 2025
- Dividend
- $0.2925
- Adj. dividend
- $0.2925
Ex-date Apr 30, 2025
- Payment date
- May 15, 2025
- Dividend
- $0.2925
- Adj. dividend
- $0.2925
Ex-date Feb 3, 2025
- Payment date
- Feb 18, 2025
- Dividend
- $0.2875
- Adj. dividend
- $0.2875
Ex-date Oct 31, 2024
- Payment date
- Nov 15, 2024
- Dividend
- $0.2875
- Adj. dividend
- $0.2875
Ex-date Jul 31, 2024
- Payment date
- Aug 15, 2024
- Dividend
- $0.2875
- Adj. dividend
- $0.2875
Ex-date Apr 29, 2024
- Payment date
- May 15, 2024
- Dividend
- $0.2875
- Adj. dividend
- $0.2875
Ex-date Jan 30, 2024
- Payment date
- Feb 15, 2024
- Dividend
- $0.2825
- Adj. dividend
- $0.2825
Ex-date Oct 30, 2023
- Payment date
- Nov 15, 2023
- Dividend
- $0.2825
- Adj. dividend
- $0.2825
Ex-date Jul 28, 2023
- Payment date
- Aug 15, 2023
- Dividend
- $0.2825
- Adj. dividend
- $0.2825
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 4, 2026 | May 15, 2026 | $0.2975 | $0.2975 |
| Feb 2, 2026 | Feb 17, 2026 | $0.2925 | $0.2925 |
| Nov 3, 2025 | Nov 17, 2025 | $0.2925 | $0.2925 |
| Jul 31, 2025 | Aug 15, 2025 | $0.2925 | $0.2925 |
| Apr 30, 2025 | May 15, 2025 | $0.2925 | $0.2925 |
| Feb 3, 2025 | Feb 18, 2025 | $0.2875 | $0.2875 |
| Oct 31, 2024 | Nov 15, 2024 | $0.2875 | $0.2875 |
| Jul 31, 2024 | Aug 15, 2024 | $0.2875 | $0.2875 |
| Apr 29, 2024 | May 15, 2024 | $0.2875 | $0.2875 |
| Jan 30, 2024 | Feb 15, 2024 | $0.2825 | $0.2825 |
| Oct 30, 2023 | Nov 15, 2023 | $0.2825 | $0.2825 |
| Jul 28, 2023 | Aug 15, 2023 | $0.2825 | $0.2825 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Kinder Morgan has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 9 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.1650 | — | — |
| 2025 | $1.1450 | $1.1650 | +1.7% |
| 2024 | $1.1250 | $1.1450 | +1.8% |
| 2023 | $1.1025 | $1.1250 | +2.0% |
| 2022 | $1.0725 | $1.1025 | +2.8% |
| 2021 | $1.0375 | $1.0725 | +3.4% |
| 2020 | $0.9500 | $1.0375 | +9.2% |
| 2019 | $0.7250 | $0.9500 | +31.0% |
| 2018 | $0.5000 | $0.7250 | +45.0% |
| 2017 | $0.5000 | $0.5000 | 0.0% |
| 2016 | $1.9300 | $0.5000 | -74.1% |
| 2015 | $1.7000 | $1.9300 | +13.5% |
| 2014 | $1.5600 | $1.7000 | +9.0% |
| 2013 | $1.3400 | $1.5600 | +16.4% |
| 2012 | — | $1.3400 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Kinder Morgan (KMI) from the consolidated cash flow statement, in USD as filed.
Latest period
$2.62B
YoY change
+1.8%
5Y CAGR
+2.0%
Peak year (2015)
$4.22B
Latest annual
$2.60B
Cash dividends paid over time for Kinder Morgan (KMI)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Kinder Morgan (KMI)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $2.60B | +1.8% | +$47.00M | ||
| 2024 | $2.56B | +1.1% | +$28.00M | ||
| 2023 | $2.53B | +1.0% | +$25.00M | ||
| 2022 | $2.50B | +2.5% | +$61.00M | ||
| 2021 | $2.44B | +3.4% | +$81.00M | ||
| 2020 | $2.36B | +9.2% | +$199.00M | ||
| 2019 | $2.16B | +33.7% | +$545.00M | ||
| 2018 | $1.62B | +44.5% | +$498.00M | ||
| 2017 | $1.12B | +0.2% | +$2.00M | ||
| 2016 | $1.12B | -73.5% | -$3.11B | ||
| 2015 | $4.22B | +140.0% | +$2.46B | ||
| 2014 | $1.76B | +8.5% | +$138.00M | ||
| 2013 | $1.62B | +37.0% | +$438.00M | ||
| 2012 | $1.18B | +53.8% | +$414.40M | ||
| 2011 | $769.60M | +9.9% | +$69.60M | ||
| 2010 | $700.00M | +7.7% | +$50.00M | ||
| 2009 | $650.00M | — | — |
Kinder Morgan (KMI) most recent annual dividends paid stands at $2.60B (2025) – edged up 1.8% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Kinder Morgan dividends paid compounded at +2.0% per year, sustaining 9 straight years of year-over-year growth.
Kinder Morgan dividends paid plunged from $4.22B in 2015 to $2.60B in 2025, a 38.4% drawdown.
$4.22B stands as the all-time-high annual dividends paid, posted in 2015, against a low of $650.00M during 2009.
Within Energy, Kinder Morgan (KMI) ranks 5th among 8 peers we track. The peer median for dividends paid is $3.22B.
Kinder Morgan Dividends Paid 2025: $2.60B
Kinder Morgan dividends paid in 2025 was $2.60B, edged up 1.8% from 2024.
Kinder Morgan Dividends Paid 2024: $2.56B
Kinder Morgan dividends paid in 2024 was $2.56B, edged up 1.1% from 2023.
Kinder Morgan Dividends Paid 2023: $2.53B
Kinder Morgan dividends paid in 2023 was $2.53B, edged up 1.0% from 2022.
Kinder Morgan Dividends Paid 2022: $2.50B
Kinder Morgan dividends paid in 2022 was $2.50B, edged up 2.5% from 2021.
Kinder Morgan Dividends Paid 2021: $2.44B
Kinder Morgan dividends paid in 2021 was $2.44B.
See more financial history for Kinder Morgan (KMI).
Sector peers by dividends paid
Companies in the same sector as Kinder Morgan, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Exxon Mobil (XOM) | $17.23B | Energy |
| Chevron (CVX) | $12.75B | Energy |
| Enbridge (ENB) | $11.27B | Energy |
| ConocoPhillips (COP) | $4.00B | Energy |
| Williams Companies (WMB) | $2.44B | Energy |
| EOG Resources (EOG) | $2.16B | Energy |
| SLB (SLB) | $1.60B | Energy |
| Valero Energy (VLO) | $1.41B | Energy |
Frequently asked questions
Does Kinder Morgan pay dividends?
Yes, Kinder Morgan (KMI) pays quarterly dividends of approximately $1.18 per share annually, yielding 3.50%.
What is Kinder Morgan's dividend yield?
Kinder Morgan (KMI) has a current dividend yield of 3.50%.
Is Kinder Morgan's dividend safe?
Kinder Morgan (KMI) passes 3 out of 7 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Kinder Morgan increased its dividend?
Kinder Morgan (KMI) has 9 consecutive years of dividend increases.
What is Kinder Morgan's dividend payout ratio?
Kinder Morgan (KMI) has a dividend payout ratio of 78.9%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Kinder Morgan's dividends paid?
Latest reported dividends paid for Kinder Morgan (KMI) is $2.62B (period ending March 31, 2026).
How has Kinder Morgan dividends paid changed year-over-year?
Kinder Morgan (KMI) dividends paid changed +1.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Kinder Morgan dividends paid?
Kinder Morgan (KMI) dividends paid compound annual growth rate is +2.0% over the most recent 5 years available.
When did Kinder Morgan dividends paid hit its highest annual value?
Kinder Morgan dividends paid reached its highest annual value of $4.22B in 2015.
What was Kinder Morgan dividends paid in 2024?
Kinder Morgan (KMI) dividends paid in 2024 was $2.56B.
What was Kinder Morgan dividends paid in 2025?
Kinder Morgan (KMI) dividends paid in 2025 was $2.60B.
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