Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Kinder Morgan, Inc. (KMI)

Company Dividend Discount ModelIndustry: Oil & Gas MidstreamSector: Energy

Valuation Snapshot

Stable Growth$13.98 - $22.97$17.98
Multi-Stage$21.88 - $23.92$22.88
Blended Fair Value$20.43
Current Price$28.31
Upside-27.84%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.40%3.81%1.151.141.131.101.060.970.730.500.501.90
YoY Growth--1.11%1.00%2.50%3.43%9.20%33.68%44.46%0.18%-73.53%140.00%
Dividend Yield--4.03%6.18%6.44%5.81%6.38%6.99%3.63%3.35%2.31%10.64%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,727.00
(-) Cash Dividends Paid (M)2,592.00
(=) Cash Retained (M)135.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)545.40340.88204.53
Cash Retained (M)135.00135.00135.00
(-) Cash Required (M)-545.40-340.88-204.53
(=) Excess Retained (M)-410.40-205.88-69.53
(/) Shares Outstanding (M)2,222.002,222.002,222.00
(=) Excess Retained per Share-0.18-0.09-0.03
LTM Dividend per Share1.171.171.17
(+) Excess Retained per Share-0.18-0.09-0.03
(=) Adjusted Dividend0.981.071.14
WACC / Discount Rate7.83%7.83%7.83%
Growth Rate0.75%1.75%2.75%
Fair Value$13.98$17.98$22.97
Upside / Downside-50.63%-36.50%-18.86%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,727.002,774.772,823.372,872.832,923.152,974.353,063.58
Payout Ratio95.05%94.04%93.03%92.02%91.01%90.00%92.50%
Projected Dividends (M)2,592.002,609.382,626.572,643.572,660.352,676.922,833.81

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.83%7.83%7.83%
Growth Rate0.75%1.75%2.75%
Year 1 PV (M)2,396.122,419.912,443.69
Year 2 PV (M)2,214.802,258.982,303.60
Year 3 PV (M)2,046.952,108.512,171.28
Year 4 PV (M)1,891.591,967.822,046.32
Year 5 PV (M)1,747.811,836.291,928.32
PV of Terminal Value (M)38,309.4440,248.7442,265.79
Equity Value (M)48,606.7150,840.2453,159.00
Shares Outstanding (M)2,222.002,222.002,222.00
Fair Value$21.88$22.88$23.92
Upside / Downside-22.73%-19.18%-15.49%

High-Yield Dividend Screener

« Prev Page 77 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
EFN-PA.TOElement Fleet Management Corp.1.77%$0.4438.48%
RMS.AXRamelius Resources Limited1.77%$0.0712.68%
RSTIP.MERosseti, Public Joint Stock Company1.77%$0.025.65%
TRIThomson Reuters Corporation1.77%$2.2457.46%
UFOE.JKPT Damai Sejahtera Abadi Tbk1.77%$3.2616.08%
002073.SZMesnac Co., Ltd.1.76%$0.1431.34%
068290.KSSamsung Publishing Co., Ltd1.76%$199.5321.01%
0EWR.Linit innovation in traffic systems SE1.76%$0.8047.67%
300923.SZYeal Electric Co.,Ltd1.76%$0.4571.34%
600019.SSBaoshan Iron & Steel Co., Ltd.1.76%$0.1329.23%
600176.SSChina Jushi Co., Ltd.1.76%$0.3034.66%
603225.SSXinfengming Group Co., Ltd.1.76%$0.3448.02%
7269.TSuzuki Motor Corporation1.76%$41.0219.60%
7556.TWOYeedex Electronic Corporation1.76%$2.9043.54%
AWRD.STAwardit AB (publ)1.76%$2.3082.26%
AXSAXIS Capital Holdings Limited1.76%$1.8414.40%
KCR.HEKonecranes Plc1.76%$1.6533.86%
SY1.DESymrise AG1.76%$1.2033.09%
VINTE.MXVinte Viviendas Integrales, S.A.B. de C.V.1.76%$0.5714.97%
002350.KSNexen Tire Corporation1.75%$130.258.28%
003019.SZTES Touch Embedded Solutions (Xiamen) Co., Ltd.1.75%$0.5854.54%
300951.SZShenzhen Bsc Technology Co.,Ltd.1.75%$0.6051.92%
301156.SZShanghai Menon Animal Nutrition Technology Co., Ltd.1.75%$0.3173.33%
3242.TUrbanet Corporation Co.,Ltd.1.75%$10.029.72%
603045.SSFuda Alloy Materials Co.,Ltd1.75%$0.3478.02%
7512.TAeon Hokkaido Corporation1.75%$15.9769.82%
ICC.BKI.C.C. International Public Company Limited1.75%$0.4329.50%
IMD.AXImdex Limited1.75%$0.0637.34%
KRI.ATKri-Kri Milk Industry S.A.1.75%$0.3541.81%
PEAB-B.STPeab AB (publ)1.75%$1.5126.14%
SIMP.JKPT Salim Ivomas Pratama Tbk1.75%$10.008.73%
001820.KSSAMWHA CAPACITOR Co.,LTD1.74%$525.0939.85%
006260.KSLS Corp.1.74%$3,619.1044.44%
006880.KSSingsong Holdings Co.,Ltd.1.74%$119.6228.35%
030520.KQHancom Inc.1.74%$409.9476.57%
243070.KQHuons Co., Ltd.1.74%$475.6315.69%
300488.SZEST Tools Co., Ltd1.74%$0.5763.18%
300787.SZAnfu CE LINK Limited1.74%$0.2056.29%
316140.KSWoori Financial Group Inc.1.74%$487.0211.05%
603817.SSFujian Haixia Environmental Protection Group Co.,Ltd.1.74%$0.1232.99%
603885.SSJuneyao Airlines Co., Ltd1.74%$0.2676.13%
688566.SSJiangsu Jibeier Pharmaceutical Co., Ltd.1.74%$0.5242.91%
CRLA.PACaisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative1.74%$1.417.62%
IVG.MIIveco Group N.V.1.74%$0.3327.33%
LTX.WALentex S.A.1.74%$0.1231.81%
MICE.JKPT Multi Indocitra Tbk1.74%$10.0013.08%
1334.HKRuichang Intl1.73%$0.0276.84%
4689.TLY Corporation1.73%$7.2024.40%
603926.SSZhejiang Tieliu Clutch Co., Ltd.1.73%$0.3066.82%
688533.SSSuzhou Sonavox Electronics Co., Ltd.1.73%$0.5045.54%