This company has been acquired
DCP Midstream Dividends and Buybacks
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
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.9% |
| Dividend Growth | -4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 32% |
Recent dividend and buyback 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 11Stability 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) | 4.1% |
| Analyst forecast (DCP) (up to 3 years) | 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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/16 14:02 |
| End of Day Share Price | 2023/06/14 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
DCP Midstream, LP is covered by 25 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Gross | Barclays |
| Dennis Coleman | BofA Global Research |
| Timm Schneider | Citigroup Inc |