Kinder Morgan Inc. shares rose more than 2% in the extended session Wednesday after the energy infrastructure company beat adjusted per-share earnings expectations and announced a 60% increase in its dividend compared with the last quarter. The stock closed up nearly 1% to $16.17 during the regular session. The company reported first-quarter net income of $485 million, or 22 cents a share, compared with $401 million, or 18 cents a share, in the year-ago period. Adjusted earnings were 22 cents a share. Revenue fell to $3.41 billion from $3.42 billion in the year-ago period. The company said it raised the dividend 60% to 20 cents per share for the first quarter and plans to continue to declare such a dividend throughout 2018. Analysts surveyed by FactSet had estimated earnings of 21 cents a share on revenue of $3.65 billion. For the second quarter, analysts model earnings of 19 cents a share on revenue of $3.52 billion. Kinder Morgan stock has lost 10.5% this year, with the S&P 500 index rising 1.2%.