Looking at the universe of stocks we cover at Dividend Channel, on 7/30/21, Kinder Morgan Inc. (Symbol: KMI) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 8/16/21. As a percentage of KMI's recent stock price of $17.72, this dividend works out to approximately 1.52%, so look for shares of Kinder Morgan Inc. to trade 1.52% lower — all else being equal — when KMI shares open for trading on 7/30/21.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from KMI is likely to continue, and whether the current estimated yield of 6.09% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of KMI shares, versus its 200 day moving average:
Looking at the chart above, KMI's low point in its 52 week range is $11.45 per share, with $19.29 as the 52 week high point — that compares with a last trade of $17.74.
Free Report: Top 7%+ Dividends (paid monthly)
In Wednesday trading, Kinder Morgan Inc. shares are currently off about 0.2% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
