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DCP Midstream LP (DCP Midstream LP) 5-Year Dividend Growth Rate : -15.20% (As of Mar. 2023)


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What is DCP Midstream LP 5-Year Dividend Growth Rate?

DCP Midstream LP's Dividends per Share for the three months ended in Mar. 2023 was $0.43.

During the past 12 months, DCP Midstream LP's average Dividends Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -19.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -5.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of DCP Midstream LP was 25.00% per year. The lowest was -20.60% per year. And the median was 3.45% per year.

DCP Midstream LP's Dividend Payout Ratio for the three months ended in Mar. 2023 was 0.43. As of today, DCP Midstream LP's Dividend Yield % is 4.13%.

Warning Sign:

DCP Midstream LP stock dividend yield is close to 10-year low.

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


Competitive Comparison of DCP Midstream LP's 5-Year Dividend Growth Rate

For the Oil & Gas Midstream subindustry, DCP Midstream LP's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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.


DCP Midstream LP's 5-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DCP Midstream LP's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where DCP Midstream LP's 5-Year Dividend Growth Rate falls into.



DCP Midstream LP 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


DCP Midstream LP  (NYSE:DCP) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

DCP Midstream LP's Dividend Payout Ratio for the quarter that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2023 )/ EPS without NRI (Q: Mar. 2023 )
=0.43/ 0.99
=0.43

During the past 13 years, the highest Dividend Payout Ratio of DCP Midstream LP was 7.26. The lowest was 0.31. And the median was 2.00.

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

DCP Midstream LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4302023-04-282023-05-012023-05-15Cash 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.

DCP Midstream LP's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.43/41.69
=1.03 %

Current Share Price is $41.69.
DCP Midstream LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.43.

During the past 13 years, the highest Dividend Yield of DCP Midstream LP was 89.40%. The lowest was 3.90%. And the median was 7.84%.

Warning Sign:

DCP Midstream LP stock dividend yield is close to 10-year low.

* 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.


DCP Midstream LP 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of DCP Midstream LP's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


DCP Midstream LP (DCP Midstream LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6900 E. Layton Avenue, Suite 900, Denver, CO, USA, 80237
DCP Midstream LP is primarily a gathering and processor partnership with major asset bases in the Permian, Scoop/Stack, Eagle Ford, and DJ Basin. It also has investments in the Sand Hills natural gas liquids pipeline as well as the Gulf Coast Express gas pipeline, which both serve the growing Permian basin. The company's segment includes Logistics and Marketing and Gathering and Processing. It generates maximum revenue from the Logistics and Marketing segment.
Executives
Scott Richard Delmoro officer: Principal Financial Officer 6900 E. LAYTON AVE, SUITE 900, DENVER CO 80237
Timothy D. Roberts director C/O PHILLIPS 66 PARTNERS LP, 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Clifford Todd Denton director 2331 CITYWEST BLVD., HOUSTON TX 77042
Phillips 66 Co 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
66 Phillips 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
Phillips 66 Project Development Inc. 10 percent owner P.O. BOX 4428, HOUSTON TX 77210
Phillips 66 Project Shareholder Inc. 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
Phillips Gas Co Llc 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
Kevin J Mitchell director 3010 BRIARPARK DRIVE, HOUSTON TX 77042
William L. Johnson officer: President 370 17TH STREET, SUITE 2500, DENVER CO 80202
George R. Green officer: Group VP & General Counsel 370 17TH STREET, SUITE 2500, DENVER CO 80202
Heather Crowder director 370 17TH STREET, SUITE 2500, DENVER CO 80202
Stephen J Neyland director 5400 WESTHEIMER COURT, HOUSTON TX 77056
Sean O'brien officer: Group Vice President and CFO 370 17TH STREET, SUITE 2500, DENVER CO 80202
Richard A. Loving officer: Vice President and Controller 370 17TH STREET, SUITE 2500, DENVER CO 80202