DT Midstream Dividends and Buybacks
Dividend criteria checks 3/6
DT Midstream is a dividend paying company with a current yield of 2.91% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 16th December, 2024.
Key information
2.9%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | -10.8% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | US$2.940 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
DT Midstream, Inc. (NYSE:DTM) Shares Could Be 29% Below Their Intrinsic Value Estimate
Dec 09
A Transformative Move For DT Midstream
Nov 22Pinning Down DT Midstream, Inc.'s (NYSE:DTM) P/E Is Difficult Right Now
Nov 17DT Midstream, Inc. (NYSE:DTM) Just Reported And Analysts Have Been Lifting Their Price Targets
Nov 01'Low' Yield? No Problem! Why DT Midstream's 3.5% Dividend Packs A Punch
Oct 07Here's Why DT Midstream (NYSE:DTM) Has Caught The Eye Of Investors
Sep 16Returns On Capital At DT Midstream (NYSE:DTM) Paint A Concerning Picture
Sep 01DT Midstream, Inc.'s (NYSE:DTM) Popularity With Investors Is Under Threat From Overpricing
Aug 17An Intrinsic Calculation For DT Midstream, Inc. (NYSE:DTM) Suggests It's 32% Undervalued
Aug 01DT Midstream: The 4% Yielding Dividend Grower You Probably Didn't Know
Jul 10Does DT Midstream (NYSE:DTM) Have A Healthy Balance Sheet?
Jun 26DT Midstream Is Worth Holding, But Its Time To Consider Recycling Profits
Jun 23Here's Why DT Midstream (NYSE:DTM) Has Caught The Eye Of Investors
Jun 08The Returns On Capital At DT Midstream (NYSE:DTM) Don't Inspire Confidence
May 21DT Midstream, Inc. (NYSE:DTM) Shares Could Be 26% Below Their Intrinsic Value Estimate
Apr 22Is DT Midstream (NYSE:DTM) Using Too Much Debt?
Mar 17DT Midstream (NYSE:DTM) Has Announced That It Will Be Increasing Its Dividend To $0.735
Feb 28There Is A Reason DT Midstream, Inc.'s (NYSE:DTM) Price Is Undemanding
Feb 18DT Midstream: A 5.2% Dividend With A 41% Payout Ratio
Feb 14DT Midstream's (NYSE:DTM) Returns Have Hit A Wall
Jan 27Are Investors Undervaluing DT Midstream, Inc. (NYSE:DTM) By 24%?
Jan 06Enterprise Products Partners And DT Midstream: 2 Pipeline Stocks For Cash Flow
Nov 27DT Midstream Goes Natural (Gas)
Oct 22DT Midstream: Overlooked With Attractive Yield And No Debt Maturities Until 2028
Oct 10DT Midstream: Strong Operational Performance Doesn't Make For A Buy Yet
Sep 16DT Midstream: New Growth Projects And A High Yield
Aug 29DT Midstream: Asset Optimization Fostering Growth
May 29DT Midstream Q4 2022 Earnings Preview
Feb 15DT Midstream: Higher Dividends Are Very Likely Coming Soon (Rating Upgrade)
Jan 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, DTM has been paying a dividend for less than 10 years.
Growing Dividend: DTM's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| DT Midstream Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DTM) | 2.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Oil and Gas) | 4.2% |
| Analyst forecast (DTM) (up to 3 years) | 3.3% |
Notable Dividend: DTM's dividend (2.91%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: DTM's dividend (2.91%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.9%), DTM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.4%), DTM's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
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 .
Analyst Sources
DT Midstream, Inc. is covered by 17 analysts. 6 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 |
|---|---|
| Ishan Majumdar | Baptista Research |
| Theresa Chen | Barclays |
| Spiro Dounis | Citigroup Inc |