SmarterDividends
DTM

DT Midstream (DTM) Dividend

DT Midstream, Inc. · Energy · Oil & Gas Midstream · quarterly payer

$113.66

Overvalued · -38% Add to Portfolio

As of Nov 9, 2026, DT Midstream (DTM) pays a quarterly dividend of $0.88 per share, or $3.52 a year, a 3.10% yield at its $113.66 share price. The next ex-dividend date is Dec 15, 2026, paid Jan 15, 2027. It has raised its dividend 4 years in a row and has a dividend safety grade of B.

Forward Yield

3.10%

Annual Dividend

$3.52

Payout Ratio

75%

5-Yr Growth

—

Ex-Date

Dec 15, 2026

Frequency

Quarterly

Key facts about DTM's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 9, 2026, DT Midstream, Inc. (DTM) has a forward dividend yield of 3.10%, based on an annual dividend of $3.52 per share and a share price of $113.66.
  • As of Nov 9, 2026, DTM's dividend safety grade from SmarterDividends is B (67 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, DT Midstream, Inc. (DTM) has raised its dividend for 4 consecutive years as of Nov 9, 2026.
  • DTM has never cut its regular dividend in the payment history SmarterDividends has on record.
  • DTM's next ex-dividend date is Dec 15, 2026, with payment on Jan 15, 2027. Shares must be owned before that date to receive the dividend.
  • As of Nov 9, 2026, DTM pays out 75% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Nov 9, 2026, DTM's 3.10% yield is 21% below its five-year average yield of 3.92%.
  • As of Nov 9, 2026, SmarterDividends' blended fair-value estimate for DTM is $70.16 per share, 38% below the $113.66 share price, so DTM screens as overvalued.
  • DT Midstream, Inc. (DTM) pays its dividend quarterly, 4 times a year.
  • DT Midstream, Inc. (DTM) has raised its regular dividend 5 times and cut it 0 times across the 21 payments on record since 2021. Its most recent change was a 7.3% increase to $0.880 per share, going ex-dividend on Mar 16, 2026.
  • DT Midstream (DTM) has declared its first higher dividend of the year in February in 4 of the last 5 years; its most recent raise, 7.3%, was declared on Feb 19, 2026.
Cite this page

SmarterDividends, "DTM Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 9, 2026, https://smarterdividends.com/stocks/DTM

Is DTM a good dividend stock?

Yes, with caveats

DT Midstream, Inc. (DTM) pays a quarterly dividend yielding 3.10% ($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
  • 148% total price return over 5 years

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.10%
Payout Ratio
75%
Annual Dividend
$3.52
5-Yr Avg Growth
—
Ex-Dividend Date
Dec 15, 2026
Years of Growth
4
Frequency
quarterly
Beta
0.74
Market Cap
$11.6B
P/E Ratio
24.8
5-Yr Total Return
148%
52-Week Range
$111.55 – $152.88
Dividend Safety
B · 67/100
Ever Cut?
No

DTM dividend raises and cuts

DT Midstream, Inc. (DTM) has raised its regular dividend 5 times and cut it 0 times across the 21 payments on record since 2021. Its most recent change was a 7.3% increase to $0.880 per share, going ex-dividend on Mar 16, 2026.

Ex-dateChangeOld → newMove
Mar 16, 2026Raise$0.820 → $0.880+7.3%
Mar 17, 2025Raise$0.735 → $0.820+11.6%
Mar 15, 2024Raise$0.690 → $0.735+6.5%
Mar 17, 2023Raise$0.640 → $0.690+7.8%
Mar 18, 2022Raise$0.600 → $0.640+6.7%
Every DTM payment →Download every raise and cut (CSV)
DTM ex-dividend date & scheduleNext ex-date Dec 15, 2026 · full ex-dividend historyView →DTM dividend historyEvery payment, totals by year, raises and cutsView →DTM dividend calculator100 shares pay $352.00 a year, $88.00 each quarterCalculate →DTM total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is DTM a good dividend stock?

Yes, with caveats. DT Midstream, Inc. (DTM) pays a quarterly dividend yielding 3.10% ($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.

Is DTM undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DTM's fair value is about $70.16 versus a $113.66 share price — so it looks overvalued (-38% vs. fair value).

Is DTM's dividend safe?

DTM has a dividend-safety grade of B (67/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is DTM's fair value?

Our blended fair-value estimate for DTM is about $70.16 per share, about 38% below the current $113.66 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is DTM a buy, hold, or sell?

We don't issue formal ratings, but on the data DTM screens as "yes, with caveats" and overvalued. DT Midstream, Inc. (DTM) pays a quarterly dividend yielding 3.10% ($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. This is research for your own analysis, not investment advice.

Will DTM cut its dividend?

DTM earns a dividend-safety grade of B (67/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does DTM pay a dividend?

Yes. DT Midstream, Inc. pays a quarterly dividend of about $3.52 per share annually, a forward yield of roughly 3.10%.

How much dividend does 100 shares of DTM pay?

At $3.52 per share a year, 100 shares of DTM pay $352.00 a year in dividends before tax, about $88.00 each quarter. Buying them costs about $11,366 at the Nov 9, 2026 price.

What is DTM's dividend yield?

As of Nov 9, 2026, DTM's forward dividend yield is 3.10%, based on a $3.52 annual dividend and a $113.66 share price.

What is DTM's dividend per share?

As of Nov 9, 2026, DTM pays $3.52 per share per year, distributed on a quarterly basis.

What is DTM's dividend payout ratio?

As of Nov 9, 2026, DTM's payout ratio is 75% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has DTM grown its dividend?

As of Nov 9, 2026, DTM has increased its dividend for 4 consecutive years.

When is the next DTM ex-dividend date?

As of Nov 9, 2026, the next ex-dividend date on record for DTM is Dec 15, 2026.

Income Calculator

At $3.52 / yr per share

Per payment (quarterly)$88.00
Annual$352.00
Monthly avg$29.33
Full DTM dividend calculator →

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