DT Midstream, Inc.
DTMEnergy · Stock · quarterly payer
Forward Yield
2.80%
Annual Dividend
$3.52
Payout Ratio
75%
5-Yr Growth
—
Ex-Date
Sep 21, 2026
Frequency
Quarterly
Summary
As of September 2026, DT Midstream, Inc. (DTM) yields 2.80% ($3.52 per share annually), with a blended fair-value estimate of $86.46 — -31% downside, so it screens as overvalued. Dividend safety grade: B (70/100). 4 years of dividend growth.
Is DTM a good dividend stock?
Yes, with caveatsDT Midstream, Inc. (DTM) pays a quarterly dividend yielding 2.80% ($3.52/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- 162% total price return over 5 years
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.80%
- Payout Ratio
- 75%
- Annual Dividend
- $3.52
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 21, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.72
- Market Cap
- $12.8B
- P/E Ratio
- 27.4
- 5-Yr Total Return
- 162%
- 52-Week Range
- $104.99 – $152.88
- Dividend Safety
- B · 70/100
- Ever Cut?
- No
Frequently Asked Questions
DTM Price — Last 12 Months
Daily close
Price Return
1 Year
+15%
3 Years
+133%
5 Years
+162%
52-Week Range
$104.99 – $152.88
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DTM worth?
Overvaluedmedium confidenceOur blended fair-value estimate for DT Midstream, Inc. is $86.46 per share, versus a market price of $125.86. That implies 31% of downside.
Fair Value
$86.46
Current Price
$125.86
Downside
-31%
Margin of Safety
-46%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 11.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.9% discount rate (CAPM), 11.9% stage-1 growth, 2.5% terminal growth, $4.56 EPS, $3.52 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DTM Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full DTM dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 21, 2026 | — | $0.8800 | regular |
| Jun 15, 2026 | — | $0.8800 | regular |
| Mar 16, 2026 | — | $0.8800 | regular |
| Dec 15, 2025 | — | $0.8200 | regular |
| Sep 15, 2025 | — | $0.8200 | regular |
| Jun 16, 2025 | — | $0.8200 | regular |
| Mar 17, 2025 | — | $0.8200 | regular |
| Dec 16, 2024 | — | $0.7350 | regular |
| Sep 16, 2024 | — | $0.7350 | regular |
| Jun 17, 2024 | — | $0.7350 | regular |
| Mar 15, 2024 | — | $0.7350 | regular |
| Dec 15, 2023 | — | $0.6900 | regular |
| Sep 15, 2023 | — | $0.6900 | regular |
| Jun 15, 2023 | — | $0.6900 | regular |
Income Calculator
At $3.52 / yr per share
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