DT Midstream, Inc. provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. It develops, owns, and operates an integrated portfolio of interstate pipelines, intrastate pipelines, storage systems, lateral pipelines, gathering systems, related treatment plants, and compression and surface facilities. The company engages in the transportation and storage of natural gas for intermediate and end user customers; and collecting natural gas from points at or near customers' wells for delivery to plants for processing, to gathering pipelines for gathering, or to pipelines for transportation, as well as offers compression, dehydration, gas treatment, water impoundment, water storage, water transportation, and sand mining services. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.
DT Midstream Dividend Announcement
• DT Midstream announced a quarterly dividend of $0.73 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-16
• DT Midstream annual dividend for 2024 was $2.21
• DT Midstream annual dividend for 2023 was $2.76
• DT Midstream's trailing twelve-month (TTM) dividend yield is 3.46%
• DT Midstream's payout ratio for the trailing twelve months (TTM) is 67.16%
DT Midstream Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-16 | $0.73 | quarterly | 2024-10-15 |
| 2024-06-17 | $0.73 | quarterly | 2024-07-15 |
| 2024-03-15 | $0.73 | quarterly | 2024-04-15 |
| 2023-12-15 | $0.69 | quarterly | 2024-01-15 |
| 2023-09-15 | $0.69 | quarterly | 2023-10-15 |
| 2023-06-15 | $0.69 | quarterly | 2023-07-15 |
| 2023-03-17 | $0.69 | quarterly | 2023-04-15 |
| 2022-12-16 | $0.64 | quarterly | 2023-01-15 |
| 2022-09-16 | $0.64 | quarterly | 2022-10-15 |
| 2022-06-16 | $0.64 | quarterly | 2022-07-15 |
| 2022-03-18 | $0.64 | quarterly | 2022-04-15 |
| 2021-12-17 | $0.60 | quarterly | 2022-01-15 |
| 2021-09-17 | $0.60 | quarterly | 2021-10-15 |
DT Midstream Dividend per year
DT Midstream Dividend growth
DT Midstream Dividend Yield
DT Midstream current trailing twelve-month (TTM) dividend yield is 3.46%. Interested in purchasing DT Midstream stock? Use our calculator to estimate your expected dividend yield:
DT Midstream Financial Ratios
P/E ratio20.08
PEG ratio1.85
P/B ratio1.94
ROE9.77%
Payout ratio67.16%
Current ratio0.84
Quick ratio0.84
Cash Ratio0.24
DT Midstream Dividend FAQ
How much is the next DT Midstream dividend?
DT Midstream's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next DT Midstream dividend. The next DT Midstream dividend will be released in March, June, September, or December.
When is DT Midstream dividend paid?
DT Midstream pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does DT Midstream pay?
The specific amount of DT Midstream dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find DT Midstream's dividend history.
Does DT Midstream stock pay dividends?
Yes, DT Midstream does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find DT Midstream's dividend history.
How much dividend does DT Midstream pay?
DT Midstream paid $2.205 in 2024, $2.76 in 2023, $2.56 in 2022, $1.2 in 2021, and $0.0 in 2020.
How often does DT Midstream pay dividends?
DT Midstream typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is DT Midstream's dividend yield?
The current dividend yield for DT Midstream is 3.46%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate DT Midstream's exact dividend yield.
When does DT Midstream go ex dividend?
DT Midstream's ex-dividend date for the latest dividend was on 2024-09-16. DT Midstream typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next DT Midstream dividend paid?
DT Midstream pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will DT Midstream increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether DT Midstream will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is DT Midstream dividend per share?
DT Midstream paid $2.205 per share in 2024 and $2.76 per share in 2023. The amount of dividend per share that DT Midstream pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is DT Midstream a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is DT Midstream a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is DT Midstream a dividend stock?
Yes, DT Midstream is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is DT Midstream a good dividend stock?
Whether DT Midstream is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. DT Midstream has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating DT Midstream as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating DT Midstream as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does DT Midstream pay dividends monthly?
DT Midstream typically pays dividends on a quarterly basis.
Does DT Midstream pay dividends quarterly?
DT Midstream currently pays dividends on a quarterly basis.
Has DT Midstream ever paid a dividend?
Yes, DT Midstream has a history of paying dividends to its shareholders. DT Midstream is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy DT Midstream dividend stocks?
To buy DT Midstream you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy DT Midstream stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy DT Midstream stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does DT Midstream pay dividends 2024?
DT Midstream pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will DT Midstream increase its dividend in 2024?
Decisions regarding DT Midstream dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date DT Midstream dividend overview you can look into the above table of dividend history.
How DT Midstream dividend works?
The DT Midstream dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how DT Midstream's dividend process works:
1. Determination of Dividend: DT Midstream's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, DT Midstream publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, DT Midstream distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from DT Midstream are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: DT Midstream's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, DT Midstream publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, DT Midstream distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from DT Midstream are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are DT Midstream dividends paid?
DT Midstream dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: DT Midstream sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, DT Midstream distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DT Midstream declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: DT Midstream sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, DT Midstream distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DT Midstream declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does DT Midstream pay dividends?
DT Midstream typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does DT Midstream pay dividends?
The general pattern is that DT Midstream pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is DT Midstream dividend safe?
The safety of DT Midstream's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of DT Midstream's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review DT Midstream's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of DT Midstream's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review DT Midstream's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.