Kinetik Holdings Inc (KNTK) has declared a quarterly dividend of $0.78 per share, payable to shareholders of record. This dividend, with an annual yield of 8.93%, underscores the company's commitment to returning value to its investors.
The ex-dividend date is set for October 26, 2025, meaning investors must own shares before this date to qualify for the upcoming payment. Eligible shareholders will receive the dividend on October 30, 2025.
Kinetik, headquartered in Houston, Texas, operates in the energy sector, providing oil and gas production and distribution services. The company, which went public on April 4, 2017, employs approximately 460 full-time staff and has a market capitalization of $5.5 billion. Its business segments include Midstream Logistics and Pipeline Transportation, with extensive infrastructure supporting natural gas and crude oil services.
The announcement highlights Kinetik's ongoing strategy of delivering regular dividend payments, which can be particularly appealing to income-focused investors. However, it is important to note that dividends are not guaranteed and may be adjusted based on the company's financial performance and management decisions.
As Kinetik prepares for its next earnings report on August 3, 2026, with an estimated EPS of $0.53 and projected revenue of $604.1 million, investors may want to consider the company's dividend history and overall financial health when assessing the sustainability of its dividend payments.