Kinder Morgan Trades at 4% Yield With $10.1 Billion Natural Gas Growth Backlog
Kinder Morgan offers a nearly 4% dividend yield backed by a $10.1 billion growth backlog that is 92% focused on natural gas infrastructure, with $5.6 billion in distributable cash flow projected for 2026.
Kinder Morgan trades at a nearly 4% dividend yield, anchored by dominant U.S. natural gas infrastructure assets and a $10.1 billion growth backlog. The backlog is 92% focused on natural gas and is structured to deliver multi-decade contracted EBITDA growth.
The company projects $5.6 billion in distributable cash flow for 2026, providing capacity to fund both dividend obligations and capital projects while preserving balance sheet strength. Net debt to EBITDA stands at 3.8 times, a metric that supports continued shareholder returns without material refinancing risk.
Continue reading
3 more paragraphs for subscribers.
Free readers get a daily preview and the weekly long-form. Premium unlocks every brief in full, AM & PM editions, alerts, and the archive.