10 Energy Stocks with Fat Dividends

7. Kinder Morgan, Inc. (NYSE:KMI)

Dividend Yield as of April 18: 4.24%

Kinder Morgan, Inc. (NYSE:KMI) is one of the largest energy infrastructure companies in North America. The company has an interest in or operates approximately 79,000 miles of pipelines and 139 terminals.

Kinder Morgan, Inc. (NYSE:KMI) had a mixed Q1 2025 as its revenue of $4.24 billion topped expectations by $215 million, besides being up by 10.39% YoY. However, the company’s adjusted EPS of $0.34 narrowly missed estimates by $0.02. This was primarily due to weaker earnings at its products pipelines segment and an 18.2% rise in total operating costs. KMI also expanded its project backlog by approximately $900 million in Q4 2024, taking the total backlog to $8.8 billion after adjusting for the projects placed in service. The company maintains a strong balance sheet, ending the quarter with a Net Debt-to-Adjusted EBITDA ratio of 4.1 times. It also generated cash flow from operations of $1.2 billion and $0.4 billion in free cash flow after capital expenditures.

Kinder Morgan, Inc. (NYSE:KMI) paid dividends of around $650 million in the first three months of 2025 and recently announced a quarterly dividend of $0.2925 per share for Q1, marking a 2% increase YoY.