Reported 1 day ago
Kinder Morgan has approved a $1.4 billion expansion project known as the Mississippi Crossing Project, aimed at enhancing its natural gas pipeline capacity and maintaining its robust dividend yield of 4.3%. This project, alongside another $3 billion expansion, is set to meet rising natural gas demand in the Southeast and is expected to become operational in 2028. With a pipeline of approximately $6.5 billion in capital projects, Kinder Morgan is positioned for steady growth and continued dividend increases in the coming years.
Source: YAHOO