Kinder Morgan Inc Dividends
The next dividend date for Kinder Morgan Inc has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Kinder Morgan Inc (KMI)
More About Kinder Morgan Inc
KMI is one of the leading and largest energy infrastructure companies in North America. The energy transportation powerhouse operates pipelines and terminals for the transportation and storage of natural gas, crude oil, and other energy products. Their portfolio includes over 82,000 miles of pipelines under operation and 140 terminals.
Owning Kinder Morgan Inc Stock on the Dividend Date
If you own Kinder Morgan Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Kinder Morgan Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Kinder Morgan Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Kinder Morgan Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Kinder Morgan Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Kinder Morgan Inc Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Kinder Morgan Inc stock price from the dividend is already baked into Kinder Morgan Inc option prices.
That means the prices of call options that overlap the Kinder Morgan Inc ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Kinder Morgan Inc ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Kinder Morgan Inc call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Kinder Morgan Inc put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Kinder Morgan Inc Dividends
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