Thursday, July 14, 2016 7:32:18 PM
Why Kinder Morgan's Latest 3 Deals Are Game Changers For Dividend Investors
Summary
•Kinder's massive debt load is the reason it had to slash its dividend 75% last year, resulting in a devastating share price collapse.
•However, management is finally taking deleveraging seriously and recently announced not one but three deals designed to strengthen its balance sheet.
•Better yet, management says these deals could be just the beginning and lay the groundwork for the return of dividend growth.
•While Kinder's turnaround story is far from complete, dividend growth investors may want to consider taking another look at this undervalued pipeline giant.
Recent KMI News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 08:25:04 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 08:22:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:58:10 PM
- TSMC Revenue Rises 13% in Q1, Alcoa Exceeds EBITDA Expectations Despite Loss, and More Earnings News • IH Market News • 04/18/2024 11:14:18 AM
- Kinder Morgan Reports First Quarter 2024 Financial Results • Business Wire • 04/17/2024 08:05:00 PM
- US Index Futures See Gains, Oil Prices Dip • IH Market News • 04/17/2024 10:59:02 AM
- Kinder Morgan Announces First Quarter ‘24 Earnings Webcast • Business Wire • 04/10/2024 12:30:00 PM
- Kinder Morgan Announces Amy W. Chronis as Nominee for Election to Board of Directors • Business Wire • 04/01/2024 12:30:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/20/2024 01:56:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 09:09:50 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 01/29/2024 10:16:47 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/25/2024 03:37:18 PM
- Wall Street Highlights: Nokia’s Margins Surprise, FAA Halts Boeing Production Expansion, and More • IH Market News • 01/25/2024 11:25:22 AM
- Kinder Morgan to Hold 2024 Investor Day • Business Wire • 01/22/2024 12:00:00 PM
- Wall Street Highlights: Sheryl Sandberg Leaves Meta Board, Intel’s EU Dispute Developments, and More • IH Market News • 01/18/2024 11:04:10 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/17/2024 09:16:45 PM
- Kinder Morgan Reports Fourth Quarter 2023 Financial Results • Business Wire • 01/17/2024 09:05:00 PM
- Wall Street Highlights: Tesla Cuts Prices in Germany, Interactive Brokers Increases Revenue by 17%, and More • IH Market News • 01/17/2024 11:33:30 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 11:24:29 PM
- Kinder Morgan Announces Fourth Quarter ‘23 Earnings Webcast • Business Wire • 01/10/2024 01:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 10:26:36 PM
- Kinder Morgan Closes on the $1.815 Billion Acquisition of NextEra Energy Partners’ South Texas Assets • Business Wire • 12/28/2023 09:05:00 PM
- NextEra Energy Partners, LP completes sale of Texas natural gas pipeline portfolio • PR Newswire (US) • 12/28/2023 09:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/21/2023 09:05:59 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM