DCP Midstream's last quarterly dividend was on Jul 28, 2022 (ex-date) with a distribution of $0.43 per share. At an annualized rate of $1.6 per share, the stock yields 4.18%. The latest dividend has grown by $0.04, or 10% from the previous dividend.
DCP Midstream's dividend yield of 4.18% is higher than the Energy sector average but lower than the industry average. If we compare it with the Energy sector average of 3.95%, DCP Midstream's dividend yield is 6% higher. Historically DCP's dividend yield has averaged at 10.2% in the last 5 years, which is more than the current one.
DCP Midstream has been paying dividends since 2006. DCP has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 2.6% since one year ago. However with the stock price up by 25% from a year ago, the dividend yield marks a decrease of 18%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 28, 2022 | Aug 12, 2022 | Jul 19, 2022 | $0.43 | normal |
| Apr 28, 2022 | May 13, 2022 | Apr 19, 2022 | $0.39 | normal |
| Feb 3, 2022 | Feb 14, 2022 | Jan 24, 2022 | $0.39 | normal |
| Oct 28, 2021 | Nov 12, 2021 | Oct 12, 2021 | $0.39 | normal |
| Jul 29, 2021 | Aug 13, 2021 | Jul 20, 2021 | $0.39 | normal |
| Apr 29, 2021 | May 14, 2021 | Apr 20, 2021 | $0.39 | normal |
| Feb 4, 2021 | Feb 12, 2021 | Jan 21, 2021 | $0.39 | normal |
| Oct 29, 2020 | Nov 13, 2020 | Oct 16, 2020 | $0.39 | normal |
| Jul 30, 2020 | Aug 14, 2020 | Jul 21, 2020 | $0.39 | normal |
| Apr 30, 2020 | May 15, 2020 | Apr 21, 2020 | $0.39 | normal |
| Jan 31, 2020 | Feb 14, 2020 | Jan 22, 2020 | $0.78 | normal |
| Oct 31, 2019 | Nov 14, 2019 | Oct 22, 2019 | $0.78 | normal |
| Aug 1, 2019 | Aug 14, 2019 | Jul 23, 2019 | $0.78 | normal |
| May 2, 2019 | May 15, 2019 | Apr 23, 2019 | $0.78 | normal |
| Feb 1, 2019 | Feb 14, 2019 | Jan 23, 2019 | $0.78 | normal |
| Nov 1, 2018 | Nov 14, 2018 | Oct 23, 2018 | $0.78 | normal |
| Aug 2, 2018 | Aug 14, 2018 | Jul 24, 2018 | $0.78 | normal |
| May 7, 2018 | May 15, 2018 | Apr 24, 2018 | $0.78 | normal |
| Feb 6, 2018 | Feb 14, 2018 | Jan 23, 2018 | $0.78 | normal |
| Nov 6, 2017 | Nov 14, 2017 | Oct 19, 2017 | $0.78 | normal |
| Aug 4, 2017 | Aug 14, 2017 | Jul 24, 2017 | $0.78 | normal |
| May 5, 2017 | May 15, 2017 | Apr 25, 2017 | $0.78 | normal |
| Feb 3, 2017 | Feb 14, 2017 | Jan 26, 2017 | $0.78 | normal |
| Nov 4, 2016 | Nov 14, 2016 | Oct 27, 2016 | $0.78 | normal |
| Aug 3, 2016 | Aug 12, 2016 | Jul 26, 2016 | $0.78 | normal |
| May 5, 2016 | May 13, 2016 | Apr 26, 2016 | $0.78 | normal |
| Feb 4, 2016 | Feb 12, 2016 | Jan 28, 2016 | $0.78 | normal |
DCP Midstream's payout ratio of 43.1% is below the Energy sector and the industry average. Compared to its Energy sector average of 47.3%, DCP Midstream's payout ratio is 9% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KMI Kinder Morgan Inc | 6.19% | $1.1 | 102.4% |
| DCP DCP Midstream LP | 4.18% | $1.6 | 43.1% |
Yes, DCP Midstream has paid four dividends in the last 12 months. DCP has been paying dividends since 2006.
Currently DCP's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in October 2022.
DCP Midstream's last dividend ex-date was on Jul 28, 2022. The dividend amount was $0.43 per share.
DCP has paid dividend of $1.6 per share in the last year.
Currently DCP Midstream's dividend yield is 4.18%.
DCP Midstream pays dividends quarterly.
The dividend payout ratio of DCP Midstream is 43.1%.
DCP Midstream's dividend yield is more than the Energy sector average.