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Can Kinder Morgan Deliver on Promised Dividend Hikes?

TheMotleyFool

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Can Kinder Morgan Deliver on Promised Dividend Hikes?

In the summer of 2017, Kinder Morgan Inc. (NYSE: KMI) announced huge dividend increases, representing a 60% increase for 2018 and 25% after that. That sounds very generous! But, for long-term shareholders, those who have stuck with KMI, it is welcome news as it shows the company is trying to make up for its 75% payout cut in 2016. The plan is to raise the dividend to $0.80 in 2018, $1.00 in 2019, and $1.20 in 2020.

So the question is, are these dividends safe? And is this growth possible?

Image source: Getty Images.

Source: Fool.com