Kinder Morgan, Inc. ( KMI ) will begin trading ex-dividend on July 27, 2017. A cash dividend payment of $0.125 per share is scheduled to be paid on August 15, 2017. Shareholders who purchased KMI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 7th quarter that KMI has paid the same dividend. At the current stock price of $20.25, the dividend yield is 2.47%.
The previous trading day's last sale of KMI was $20.25, representing a -13.31% decrease from the 52 week high of $23.36 and a 10.6% increase over the 52 week low of $18.31.
KMI is a part of the Public Utilities sector, which includes companies such as Enbridge Inc ( ENB ) and Enterprise Products Partners L.P. ( EPD ). KMI's current earnings per share, an indicator of a company's profitability, is $.31. Zacks Investment Research reports KMI's forecasted earnings growth in 2017 as -1.52%, compared to an industry average of 10.9%.
Interested in gaining exposure to KMI through an Exchange Traded Fund [ETF]?
The following ETF(s) have KMI as a top-10 holding:
- PowerShares Russell Top 200 Pure Value Portfolio ( PXLV )
- SPDR Select Sector Fund - Energy Select Sector ( XLE )
- Guggenheim S&P 500 Equal Weight Energy ETF ( RYE )
- First Trust North American Energy Infrastructure Fund ( EMLP )
- iShares Global Infrastructure ETF ( IGF ).
The top-performing ETF of this group is IGF with an increase of 10.33% over the last 100 days. PXLV has the highest percent weighting of KMI at 3.32%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.