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
Very Unsafe
Unsafe
Somewhat Safe
Safe
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 %
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.
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.