Kinder Morgan says it expects 'robust' 2022 and dividend of $1.11

Kinder Morgan Inc. KMI, +1.22% shares roseate 1% precocious Monday aft the vigor infrastructure institution unveiled its preliminary 2022 expectations, including a dividend of $1.11 a share. Fundamentals are apt to stay "robust" and 2022 is apt to beryllium a "very beardown year," Chief Executive Steve Kean said successful a statement. Per-share net are seen astatine $1.09. The institution besides expects to instrumentality further worth to shareholders adjacent twelvemonth done an anticipated annualized dividend of $1.11 a share, and a stock buyback programme of up to $750 million, it said. Shares of Kinder Morgan ended the regular trading time up 1.2%.