Monday Is Your Last Chance To Buy Kinder Morgan Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Kinder Morgan (NYSE:KMI) announced a quarterly dividend of 28.25 cents per share, with the ex-dividend date set for Tuesday. Shareholders must own the stock before this date to be eligible for the dividend, which will be paid on February 15, 2024. The stock is expected to open lower by the dividend amount on the ex-dividend date.
January 25, 2024 | 2:45 pm
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Kinder Morgan is set to pay a quarterly dividend of 28.25 cents per share, with shares expected to trade lower by the dividend amount on the ex-dividend date.
The stock price of Kinder Morgan is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence when stocks go ex-dividend.
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