DT Midstream, Inc. (DTM) to Issue Quarterly Dividend of $0.88 on October 15th

DT Midstream, Inc. (NYSE:DTM) declared a quarterly dividend on Wednesday, July 29th. Stockholders of record on Monday, September 21st will be given a dividend of 0.88 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, September 21st.

DT Midstream has a payout ratio of 73.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect DT Midstream to earn $4.99 per share next year, which means the company should continue to be able to cover its $3.52 annual dividend with an expected future payout ratio of 70.5%.

DT Midstream Stock Performance

Shares of NYSE:DTM opened at $136.59 on Friday. DT Midstream has a 52 week low of $99.81 and a 52 week high of $152.88. The firm has a 50 day moving average of $144.05 and a 200 day moving average of $137.80. The company has a market capitalization of $13.93 billion, a price-to-earnings ratio of 30.22, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.68.

DT Midstream (NYSE:DTM) last announced its earnings results on Thursday, July 30th. The company reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.08). DT Midstream had a return on equity of 9.53% and a net margin of 36.28%.The firm had revenue of $332.57 million during the quarter, compared to the consensus estimate of $325.84 million. During the same quarter in the prior year, the firm posted $1.04 earnings per share. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. On average, sell-side analysts predict that DT Midstream will post 4.77 earnings per share for the current fiscal year.

Key Stories Impacting DT Midstream

Here are the key news stories impacting DT Midstream this week:

• Positive Sentiment: DT Midstream reported second-quarter adjusted EBITDA of $305 million and net income of $112 million, or $1.09 per diluted share. Revenue of $332.57 million also exceeded analysts’ $325.84 million estimate, while EPS increased from $1.04 in the year-earlier quarter. DT Midstream Reports Strong Second Quarter 2026 Results
• Positive Sentiment: The company declared a quarterly dividend of $0.88 per share, payable October 15 to shareholders of record September 21. The annualized $3.52 payout represents an indicated yield of approximately 2.6%, supporting the stock’s income appeal.
• Positive Sentiment: US Capital Advisors raised its DT Midstream EPS forecasts to $5.24 for fiscal 2027 and $5.55 for fiscal 2028, modestly above its previous estimates of $5.23 and $5.50, respectively. These forecasts are also above the current-year consensus EPS estimate of $4.77.
• Negative Sentiment: Second-quarter EPS of $1.09 fell short of the $1.17 analyst consensus by $0.08, despite the revenue beat. The earnings miss is likely the most immediate negative catalyst for the stock.
• Negative Sentiment: DT Midstream issued fiscal 2026 EPS guidance of $4.42 to $4.82. Although the upper end is above consensus, the midpoint of $4.62 is below the roughly $4.78 analyst forecast, implying limited near-term upside unless results trend toward the top of the range. DT Midstream Q2 Earnings Snapshot

DT Midstream Company Profile

DT Midstream Inc (NYSE: DTM) is a midstream energy company that owns and operates infrastructure for gathering, processing and treating hydrocarbons and produced water. Its core business activities encompass natural gas gathering, cryogenic processing, natural gas liquids (NGL) fractionation, and produced-water handling services. These integrated operations enable the company to capture and transport multiple hydrocarbon streams from wellhead to market and to provide essential water management solutions.

The company’s asset footprint is concentrated in the Delaware Basin in West Texas and southeastern New Mexico, where it serves a diverse range of exploration and production customers.