Major investors boosted stakes in Kinder Morgan despite earnings miss, company pays $0.2875 dividend.

Several major investors increased their stakes in Kinder Morgan during the third quarter, including Chase Investment Counsel Corporation and Community Bank & Trust. Despite a slight miss on earnings and revenue, the company reported $0.25 per share and $3.70 billion in revenue. Kinder Morgan announced a quarterly dividend of $0.2875, yielding 4.23%, and Wall Street maintains a "Moderate Buy" rating with an average price target of $25.09.

November 13, 2024
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