DT Midstream Declares Dividend Payout – Shareholders Rejoice! – Get the details here in this article. DT Midstream, Inc. provides integrated natural gas services in the United States and has announced a dividend payout of $0.69 per stock.
This dividend announcement comes after a strong performance by the company in the fiscal year 2022, with DT Midstream reporting total revenue of 925.00 million USD with a total net income of 370.00 million USD. The company’s total revenue from operations also saw healthy growth.
The dividend announcement is a reflection of DT Midstream’s strong financial performance and its commitment to creating value for its shareholders. Investors who are looking for long-term investments with consistent dividend income can consider adding DT Midstream to their investment portfolio.
The dividend payout of $0.69 per stock represents a dividend yield of approximately 5.88% based on DT Midstream’s current market price of $46.92 per stock.
Investors who hold DT Midstream stocks are likely to benefit from this announcement as they will receive the dividend payout. Tenaris’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.
The ex-dividend date is 16 June 2023. Therefore, investors who wish to receive the dividend must purchase DT Midstream stocks before 16 June 2023.
DT Midstream Dividend History | DT Midstream Declares Dividend Payout – Shareholders Rejoice!
DT Midstream Dividend – The current dividend yield of DT Midstream is 5.88%.
| Dividend | Amount | Date |
| Cash Dividend | $0.690 | Mar 17, 2023 |
| Cash Dividend | $0.640 | Dec 16, 2022 |
| Cash Dividend | $0.640 | Sep 16, 2022 |
| Cash Dividend | $0.640 | Jun 16, 2022 |
| Cash Dividend | $0.640 | Mar 18, 2022 |
| Cash Dividend | $0.600 | Dec 17, 2021 |
Dividend Stocks 2023
DT Midstream, Inc. provides integrated natural gas services in the United States.
DT Midstream management:
Executive Chairman – Robert C. Skaggs Jr.
Website: dtmidstream.com
Conclusion
In conclusion, DT Midstream’s dividend announcement of $0.69 is a positive development for investors who hold stocks in the company. Investors should take note of the ex-dividend date of 16 June 2023, and consider adding DT Midstream to their investment portfolio for long-term growth and consistent dividend income.
Disclaimer: This is not investment advice, this information is only for educational purposes.
FAQ | Best Dividend Stocks 2023
Is DT Midstream a good investment?
As per experts, DT Midstream looks suitable for long-term investment.
Is DT Midstream Government or Private?
DT Midstream is a private company.
Is DT Midstream a dividend-paying stock?
Yes, DT Midstream is a dividend-paying stock. The current dividend yield of DT Midstream is 5.88%.
What does DT Midstream do?
DT Midstream, Inc. provides integrated natural gas services in the United States.
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