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DT Midstream, Inc. Dividends Banner

DT Midstream, Inc. Dividends

DTM Stock Analysis

Page title

Section title

Dividend Yield
3.75%
Payout Ratio
68.68%
Dividend Amount Per Share
$2.85
Last Ex-Dividend Date
Sep 16, 2024

DTM Dividend Safety

DTM paid out 68.68% of its $384M earnings as dividends over the last 12 months.

Very Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

DTM's Dividend Payout Ratio of 68.675% is considered safe for the Energy sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

DTM's Interest Coverage Ratio of 3.192 indicates strong financial health with easy coverage of interest expenses.

Income Quality

DTM shows excellent income quality with a ratio of 3.19. This indicates high-quality earnings and low risk of dividend cuts.

DTM Dividend Growth

DT Midstream, Inc.(DTM) offers a dividend yield of 3.75% and pays $2.85 in dividends per share. Explore the historical dividend growth of DTM.

Dividend Stability

DTM has maintained stable dividend payments over the past 3 years with no cuts over 5%.

Dividend Growth

DTM's dividend payments have shown moderate growth, growing by 4.142% annually over the last 5 years.

Earnings Growth

DTM's earnings have grown by 13.485% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

DTM Dividend Yield Attractiveness

DT Midstream, Inc.(DTM) provides a dividend yield of 3.75%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

DTM

Sector

Industry

Peers

3.75%

5.72%

5.92%

6.12%

Dividend Yield

DTM's dividend yield of 3.75% is considered good compared to the sector average of 5.715%, providing a strong safety margin for investors.

DTM Cash Flow

Over the past 12 months, DTM generated $962M in revenue, produced $344M in free cash flow, and distributed $272M in dividends.

100%75%50%25%0%

Free Cash Flow Growth

DTM's free cash flow has grown by 20.406% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.

DTM Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by DT Midstream, Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.