Kinder Morgan (NYSE: KMI) is one of the largest and most diversified midstream companies in North America. As a dividend-paying stock, it has a bit of a checkered past, notably including a 75% payout cut in 2016. It's working its way back from that, but the company's decisions over the past couple of years and what it's likely to do over the next year may not be indicative of the long-term trend.
In late October 2015, Kinder Morgan reported earnings and boosted its dividend by 16% year-over-year. At the time, management also stated that it expected to lift its declared dividend by a further 6% to 10% in 2016. But in early December, it announced it was cutting the quarterly dividend from $0.51 per share to $0.125 per share.
Image source: Getty Images