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DTM DT Midstream dividend history, payout ratio & dates

DT Midstream's latest quarterly dividend of $0.735 per share was on Jun 17, 2024 (ex-date). At an annualized rate of $2.85 per share, the stock yields 4.1%.

Key dates

  • DTM last dividend date: Jun 17, 2024
  • DTM next dividend date: Not announced
DTM dividend stats
DPS
$2.85
Dividend yield
4.1%
Payout ratio
69.2%
vs. Energy sector
Dividend yield
3.98%
Payout ratio
49.9%

Dividend yield

What is DT Midstream current dividend yield

DT Midstream's dividend yield of 4.1% is higher than the Energy sector average but lower than the industry average. But in comparison with the Energy sector average of 3.98%, DT Midstream's dividend yield is only 3% higher.

Dividend history

What is DTM dividend payout history and dates

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 49% from a year ago, the dividend yield has decreased by 28%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jun 17, 2024 Jul 15, 2024 Apr 30, 2024 $0.735 normal
Mar 15, 2024 Apr 15, 2024 Feb 16, 2024 $0.735 normal
Dec 15, 2023 Jan 15, 2024 Nov 1, 2023 $0.69 normal
Sep 15, 2023 Oct 15, 2023 Aug 1, 2023 $0.69 normal
Jun 15, 2023 Jul 15, 2023 May 5, 2023 $0.69 normal
Mar 17, 2023 Apr 15, 2023 Feb 16, 2023 $0.69 normal
Dec 16, 2022 Jan 15, 2023 Dec 5, 2022 $0.64 normal
Sep 16, 2022 Oct 15, 2022 Aug 3, 2022 $0.64 normal
Jun 16, 2022 Jul 15, 2022 May 6, 2022 $0.64 normal
Mar 18, 2022 Apr 15, 2022 Feb 25, 2022 $0.64 normal
Dec 17, 2021 Jan 15, 2022 Dec 9, 2021 $0.6 normal

DT Midstream dividend payout ratio

What is DT Midstream dividend payout ratio compared to the sector

Payout ratio

DT Midstream's payout ratio of 69.2% is above the Energy sector average but below the industry average. Compared to its Energy sector average of 49.9%, DT Midstream's payout ratio is 39% higher.

Total amount of dividends paid per financial year (from cash flow)

DTM dividend vs peer dividends

How does DTM dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
KNTK Kinetik Holdings Inc 7.53% $3 55.5%
KMI Kinder Morgan Inc 5.76% $1.14 104.1%
DTM DT Midstream Inc 4.1% $2.85 69.2%

Frequently asked questions

Does DT Midstream pay a dividend?

Yes, DT Midstream has paid four dividends in the last twelve months. DTM has been paying dividends since 2021.

When is DT Midstream's next dividend?

At this point we don't have a record of DTM's next dividend date, but based on the current dividend schedule we project that it will likely be in September 2024.

When was DTM's last dividend?

DT Midstream's last dividend ex-date was on Jun 17, 2024. The dividend amount was $0.735 per share.

How much dividend does DT Midstream pay (per share)?

DTM has paid dividend of $2.85 per share in the last year.

What is DT Midstream's dividend yield?

DT Midstream's current dividend yield is 4.1%.

How often does DT Midstream pay dividends?

DT Midstream has a quarterly dividend frequency.

What is DT Midstream's dividend payout ratio?

The dividend payout ratio of DT Midstream is 69.2%.

Does DT Midstream pay a good dividend?

DT Midstream's dividend yield is in line with the Energy sector average.