DT Midstream Dividend Insights: Key Information Before Jun 16, 2025

CashCowThursday, Jun 12, 2025 7:38 pm ET
1min read
DT Midstream (DTM) has recently announced its upcoming dividend details, providing valuable information for investors. The company declared a dividend of $0.820 per share, which is notably higher than the average of the last ten dividends per share, sitting at $0.685. This cash dividend will be paid on Jul 15, 2025, following the ex-dividend date of Jun 16, 2025. The previous dividend was also set at $0.820 per share and paid on Apr 15, 2025, reflecting consistency in their payout strategy. This stability indicates the company’s commitment to rewarding its shareholders through regular cash dividends.

Recently, DT Midstream has been actively involved in projects and developments that may influence its market performance. The company is constructing a new lateral from its Midwestern Gas Transmission pipeline to a power plant in Indiana, which is transitioning to a more sustainable energy source. Additionally, the company is forecasted to experience significant earnings growth, with projections indicating a rise of 16.58% from $3.80 to $4.43 per share over the coming year. As of late, DT Midstream's stock has seen positive trading activity, with shares increasing by $1.03 and reaching $105.46 during mid-day trading on Jun 9, 2025. Furthermore, Morgan Stanley has set a price target of $115.00 on DT Midstream’s shares, though it maintains an "underweight" rating, reflecting a cautious stance amid recent developments.

Over the past week, DT Midstream has also witnessed strategic moves by investment firms, with Wealth Enhancement Advisory Services LLC boosting its position in the company. This increased interest from institutional investors showcases confidence in DT Midstream's operational strategies and financial prospects. Furthermore, the company’s annual dividend of $3.280 per share, yielding 3.14%, continues to attract investors seeking stable returns. The dividend payment is structured quarterly, providing regular income streams to shareholders.

In conclusion, DT Midstream's consistent dividend payouts and strategic developments position the company favorably for future growth. Investors should note that Jun 16, 2025, marks the last day to purchase shares and qualify for the upcoming dividend. Any acquisition of shares post the ex-dividend date will not entitle investors to receive this dividend.