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DT Midstream (DT Midstream) 5-Year Yield-on-Cost % : 4.11 (As of Jun. 08, 2024)


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What is DT Midstream 5-Year Yield-on-Cost %?

DT Midstream's yield on cost for the quarter that ended in Mar. 2024 was 4.11.


The historical rank and industry rank for DT Midstream's 5-Year Yield-on-Cost % or its related term are showing as below:

DTM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.2   Med: 4.66   Max: 5.66
Current: 4.11


During the past 6 years, DT Midstream's highest Yield on Cost was 5.66. The lowest was 1.20. And the median was 4.66.


DTM's 5-Year Yield-on-Cost % is ranked worse than
55.82% of 498 companies
in the Oil & Gas industry
Industry Median: 4.9 vs DTM: 4.11

Competitive Comparison of DT Midstream's 5-Year Yield-on-Cost %

For the Oil & Gas Midstream subindustry, DT Midstream's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DT Midstream's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where DT Midstream's 5-Year Yield-on-Cost % falls into.



DT Midstream 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of DT Midstream is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

DT Midstream  (NYSE:DTM) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


DT Midstream 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of DT Midstream's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


DT Midstream (DT Midstream) Business Description

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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