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DT Midstream (DT Midstream) Forward Dividend Yield % : 4.18% (As of Jun. 08, 2024)


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What is DT Midstream Forward Dividend Yield %?

As of today (2024-06-08), the Forward Annual Dividend Yield of DT Midstream is 4.18%.

As of today (2024-06-08), the Trailing Annual Dividend Yield of DT Midstream is 4.11%.

DTM's Forward Dividend Yield % is ranked worse than
53.78% of 489 companies
in the Oil & Gas industry
Industry Median: 4.46 vs DTM: 4.18

DT Midstream's Dividends per Share for the three months ended in Mar. 2024 was $0.74.

During the past 12 months, DT Midstream's average Dividends Per Share Growth Rate was 7.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of DT Midstream's Forward Dividend Yield %

For the Oil & Gas Midstream subindustry, DT Midstream's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DT Midstream's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DT Midstream's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where DT Midstream's Forward Dividend Yield % falls into.



DT Midstream Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

DT Midstream Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7350002024-03-152024-03-182024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.6900002023-12-152023-12-182024-01-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.6900002023-09-152023-09-182023-10-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.6900002023-06-152023-06-192023-07-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

DT Midstream's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.94/68.30
=4.30 %

Current Share Price is $68.30.
DT Midstream's Dividends per Share for the forward twelve months is calculated as $0.735 * 4 = $2.94.

DT Midstream's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.805/68.30
=4.11 %

Current Share Price is $68.30.
DT Midstream's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.805.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DT Midstream  (NYSE:DTM) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


DT Midstream Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of DT Midstream's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


DT Midstream (DT Midstream) Business Description

Industry
Traded in Other Exchanges
N/A
Address
500 Woodward Avenue, Suite 2900, Detroit, MI, USA, 48226-1279
DT Midstream Inc is an owner, operator, and developer of natural gas midstream interstate and intrastate pipelines; storage and gathering systems; and compression, treatment, and surface facilities. It provides multiple, integrated natural gas services to customers through interstate pipelines, intrastate pipelines, storage systems, lateral pipelines and related treatment plants and compression and surface facilities, and gathering systems and related treatment plants and compression and surface facilities. The segments of the group are Pipeline and Gathering. It generates revenue from pipeline, storage, and gathering systems, substantially all of which are located in the Midwestern U.S., Eastern Canada, Northeastern U.S., and Gulf Coast regions.
Executives
Jeffrey A Jewell officer: Executive V.P., CFO ONE ENERGY PLAZA, DETROIT MI 48226
Peter I Tumminello director TEN PEACHTREE PLACE, ATLANTA GA 30309
Skaggs Robert C Jr director, officer: Executive Chairman 5151 SAN FELIPE, SUITE 2500, HOUSTON TX 77056
Elaine M Pickle director ONE ENERGY PLAZA, DETROIT MI 48226
David Slater director, officer: President and CEO ONE ENERGY PLAZA, DETROIT MI 48226
Angela N Archon director 294 ROUTE 100, BUILDING 1, SOMERS NY 10589
Melissa Cox officer: Sr. VP Admin. 500 WOODWARD AVE, SUITE 2900, DETROIT MI 48226
Wright Iii Lassiter director 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS, SECAUCUS NJ 07094
Dwayne Andree Wilson director 6700 LAS COLINAS BOULEVARD, IRVING TX 75039
Stephen W Baker director 5400 WESTHEIMER COURT, HOUSTON TX 77056
Redmond Richard L Jr officer: E.V.P., Chief Admin. Off. ONE ENERGY PLAZA, DETROIT MI 48226
Wendy Ellis officer: E.V.P., Gen Counsel & Corp Sec ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Christopher Zona officer: E.V.P., Chief Oper. Off. ONE ENERGY PLAZA, DETROIT MI 48226
Dte Energy Co 10 percent owner ONE ENERGY PLAZA, DETROIT MI 48226

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