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DT Midstream, Inc.

DTMยทNYSE

$141.33

+2.2%
EnergyOil & Gas Midstream

DT Midstream, Inc. provides integrated natural gas services in the United States. The company operates through two segments, Pipeline and Gathering. It develops, owns, and operates an integrated portfolio of interstate pipelines, intrastate pipelines, storage systems, lateral pipelines, gathering systems, related treatment plants, and compression and surface facilities. The company engages in the transportation and storage of natural gas for intermediate and end user customers; and collecting natural gas from points at or near customers' wells for delivery to plants for processing, to gathering pipelines for gathering, or to pipelines for transportation, as well as offers compression, dehydration, gas treatment, water impoundment, water storage, water transportation, and sand mining services. It serves natural gas producers, local distribution companies, electric power generators, industrials, and national marketers. The company was incorporated in 2021 and is headquartered in Detroit, Michigan.

At a Glance

Live Snapshot
Market Cap$14.42B
EPS4.4700
P/E Ratio31.62
Earnings Date07/30/2026
0.61%
Dividend Yield
-11%
3Y-53.0%
5Y-
10Y-
61.94%
Dividend Payout Ratio
-17%
3Y-19.0%
5Y-
10Y-
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DT Midstream, Inc. Dividend History

DTM ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

DTM Dividend Payment History

DTM ยท NYSE

Total Payments

20

Latest Dividend

$0.8800

Annual Amount

$4.2200

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 30, 2026
Jun 15, 2026Jul 15, 2026
$0.8800
$0.8800
Quarterly0.00%
Feb 19, 2026
Mar 16, 2026Apr 15, 2026
$0.8800
$0.8800
Quarterly+7.32%
Oct 30, 2025
Dec 15, 2025Jan 15, 2026
$0.8200
$0.8200
Quarterly0.00%
Jul 31, 2025
Sep 15, 2025Oct 15, 2025
$0.8200
$0.8200
Quarterly0.00%
Apr 30, 2025
Jun 16, 2025Jul 15, 2025
$0.8200
$0.8200
Quarterly0.00%
Feb 26, 2025
Mar 17, 2025Apr 15, 2025
$0.8200
$0.8200
Quarterly+11.56%
Oct 29, 2024
Dec 16, 2024Jan 15, 2025
$0.7350
$0.7350
Quarterly0.00%
Jul 30, 2024
Sep 16, 2024Oct 15, 2024
$0.7350
$0.7350
Quarterly0.00%
Apr 30, 2024
Jun 17, 2024Jul 15, 2024
$0.7350
$0.7350
Quarterly0.00%
Feb 16, 2024
Mar 18, 2024Apr 15, 2024
$0.7350
$0.7350
Quarterly+6.52%
Nov 1, 2023
Dec 18, 2023Jan 15, 2024
$0.6900
$0.6900
Quarterly0.00%
Aug 1, 2023
Sep 18, 2023Oct 15, 2023
$0.6900
$0.6900
Quarterly0.00%
May 5, 2023
Jun 19, 2023Jul 15, 2023
$0.6900
$0.6900
Quarterly0.00%
Feb 16, 2023
Mar 20, 2023Apr 15, 2023
$0.6900
$0.6900
Quarterly+7.81%
Dec 5, 2022
Dec 19, 2022Jan 15, 2023
$0.6400
$0.6400
Quarterly0.00%
Aug 3, 2022
Sep 19, 2022Oct 15, 2022
$0.6400
$0.6400
Quarterly0.00%
May 6, 2022
Jun 20, 2022Jul 15, 2022
$0.6400
$0.6400
Quarterly0.00%
Feb 25, 2022
Mar 21, 2022Apr 15, 2022
$0.6400
$0.6400
Quarterly+6.67%
Dec 9, 2021
Dec 20, 2021Jan 15, 2022
$0.6000
$0.6000
Quarterly0.00%
Aug 6, 2021
Sep 20, 2021Oct 15, 2021
$0.6000
$0.6000
Quarterly-
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DT Midstream, Inc. Payout Ratio Analysis

DTM ยท NYSE
Dividends Paid
-324.00M
2025
Net Income
441.00M
2025
Payout Ratio
73.47%
2025

Dividend Sustainability Analysis

Payout Ratio
73.47%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
66.1%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-15.7%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.