Kinder Morgan, Inc. (KMI) will raise its quarterly dividend by 25 percent to $0.25 per share in April 2019. The new dividend yield for KMI is 5.2%. Last year KMI raised its distribution by 60 percent.

The next dividend is payable on May 15, 2019, to common stockholders of record as of the close of business on April 30, 2019.

“We are pleased to continue the dividend growth plan that we outlined to shareholders during the summer of 2017,” said Richard D. Kinder, Executive Chairman. “We continue to maintain a strong balance sheet and have been upgraded by two of the three ratings agencies. We are well positioned for a successful 2019 and remain on positive outlook for an upgrade by Fitch later in the year.”

Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. It owns an interest in or operates approximately 85,000 miles of pipelines and 152 terminals. KMI’s pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO(2) and other products, and its terminals transload and store petroleum products, ethanol and chemicals, and handle such products as steel, coal and petroleum coke. It is also a leading producer of CO(2) that we and others use for enhanced oil recovery projects primarily in the Permian basin.