Kinetik Holdings's last quarterly dividend was on Apr 26, 2024 (ex-date) with a distribution of $0.75 per share. At an annualized rate of $3 per share, the stock yields 7.69%.
Kinetik Holdings's dividend yield of 7.69% is above the Energy sector and the industry average. If we compare it with its Energy sector average of 3.69%, Kinetik Holdings's dividend yield is 108% higher.
Kinetik Holdings has been paying dividends since 2021. KNTK has issued five quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 31% from a year ago, the dividend yield marks a decrease of 24%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Apr 26, 2024 | May 9, 2024 | Apr 18, 2024 | $0.75 | normal |
Feb 21, 2024 | Mar 7, 2024 | Jan 24, 2024 | $0.75 | normal |
Nov 10, 2023 | Nov 22, 2023 | Nov 1, 2023 | $0.75 | normal |
Aug 3, 2023 | Aug 16, 2023 | Jul 20, 2023 | $0.75 | normal |
May 4, 2023 | May 17, 2023 | Apr 19, 2023 | $0.75 | normal |
Feb 3, 2023 | Feb 16, 2023 | Jan 17, 2023 | $0.75 | normal |
Nov 4, 2022 | Oct 19, 2022 | $0.75 | normal | |
Aug 4, 2022 | Aug 17, 2022 | Jul 20, 2022 | $0.75 | normal |
May 4, 2022 | May 17, 2022 | Apr 21, 2022 | $0.75 | normal |
Kinetik Holdings's payout ratio of 57.1% is above the Energy sector average but below the industry average. Compared to its Energy sector average of 44.7%, Kinetik Holdings's payout ratio is 28% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
KNTK Kinetik Holdings Inc | 7.69% | $3 | 57.1% |
KMI Kinder Morgan Inc | 6.05% | $1.13 | 103.7% |
Yes, Kinetik Holdings has been paying dividends for the last three years.
Currently KNTK's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in July 2024.
Kinetik Holdings's last dividend ex-date was on Apr 26, 2024. The dividend amount was $0.75 per share.
KNTK's annualized dividend per share is $3.
Kinetik Holdings's current dividend yield is 7.69%.
Kinetik Holdings pays dividends quarterly.
The dividend payout ratio of Kinetik Holdings is 57.1%.
Kinetik Holdings's dividend yield is more than the Energy sector average.