This company has been acquired
DCP Midstream Dividend
Dividend criteria checks 3/6
DCP Midstream is a dividend paying company with a current yield of 4.13% that is well covered by earnings.
Key information
4.1%
Dividend yield
32%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$5.38 |
| Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
DCP Midstream: Stock Might Plateau At Current Price Given Peak In Demand For Oil
Feb 15DCP Midstream GAAP EPS of $1.13 beats by $0.25, revenue of $3.03B beats by $1B
Feb 08DCP Midstream declares $0.43 dividend
Jan 24DCP Midstream GAAP EPS of $1.50, revenue of $4.32B
Nov 02DCP Midstream goes ex dividend tomorrow
Oct 26DCP Midstream GAAP EPS of $1.77 beats by $0.70, revenue of $4.27B misses by $230M
Aug 02DCP Midstream raises dividend by 10% to $0.43
Jul 21DCP Midstream: Don't Forget The Preferreds
Jul 05DCP Midstream Remains An Interesting Investment
Jun 02DCP Midstream: Earn A Very Sustainable 5.50% Yield
Jan 30DCP Midstream - Room To Run
Oct 11DCP Midstream, LP 2021 Q1 - Results - Earnings Call Presentation
May 07DCP Midstream Q1 2021 Earnings Preview
May 04DCP Midstream goes ex-dividend tomorrow
Apr 28Combine DCP Midstream's 8.3% Yield And Its 9% Yielding Preferreds For A Resilient Income
Dec 29DCP Midstream (DCP) Investor Presentation - Slideshow
Dec 15DCP Midstream, LP 2020 Q3 - Results - Earnings Call Presentation
Nov 05DCP Midstream Q3 2020 Earnings Preview
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DCP's dividend payments have been volatile in the past 10 years.
Growing Dividend: DCP's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| DCP Midstream Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DCP) | 4.1% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Oil and Gas) | 4.0% |
| Analyst forecast in 3 Years (DCP) | 4.9% |
Notable Dividend: DCP's dividend (4.13%) is higher than the bottom 25% of dividend payers in the US market (1.6%).
High Dividend: DCP's dividend (4.13%) is low compared to the top 25% of dividend payers in the US market (4.92%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32%), DCP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.5%), DCP's dividend payments are well covered by cash flows.