DT Midstream's latest dividend of $0.735 per share was on Dec 16, 2024 (ex-date). At an annualized rate of $2.94 per share, the stock yields 2.89%.
DT Midstream's dividend yield of 2.89% is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 4.46%, DT Midstream's dividend yield is 35% lower.
DT Midstream has a history of paying dividends since 2021. Our records of DTM show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 7% for the last twelve months. However with the price of the stock up by 86% from a year ago, the dividend yield has decreased by 43%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Dec 16, 2024 | $0.735 | 2.96% |
Sep 16, 2024 | $0.735 | 3.75% |
Jun 17, 2024 | $0.735 | 4.24% |
Mar 15, 2024 | $0.735 | 4.87% |
Dec 15, 2023 | $0.69 | 5.2% |
Sep 15, 2023 | $0.69 | 5.12% |
Jun 15, 2023 | $0.69 | 5.5% |
Mar 17, 2023 | $0.69 | 5.62% |
Dec 16, 2022 | $0.64 | 4.63% |
Sep 16, 2022 | $0.64 | 4.5% |
Jun 16, 2022 | $0.64 | 5.08% |
Mar 18, 2022 | $0.64 | 3.42% |
Dec 17, 2021 | $0.6 | 2.55% |
Sep 17, 2021 | $0.6 | 1.34% |
DT Midstream's payout ratio of 70.8% is above the Energy sector average but below the industry average. Compared to its Energy sector average of 56.9%, DT Midstream's payout ratio is 24% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
KNTK Kinetik Holdings Inc | 6.55% | $3.78 | 66.5% |
KMI Kinder Morgan Inc | 4.19% | $1.15 | 101.3% |
DTM DT Midstream Inc | 2.87% | $2.94 | 70.8% |
Yes, DT Midstream has paid four dividends in the last twelve months. DTM has been paying dividends since 2021.
DT Midstream's last dividend ex-date was on Dec 16, 2024. The dividend amount was $0.735 per share.
DTM has paid dividend of $2.94 per share in the last year.
DT Midstream's current dividend yield is 2.89%.
DT Midstream has a quarterly dividend frequency.
The dividend payout ratio of DT Midstream is 70.8%.
DT Midstream's dividend yield is lower than the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.