DT Midstream Raises Quarterly Dividend by 12%

Dow Jones

02/26

By Colin Kellaher

DT Midstream's board has raised the natural-gas infrastructure company's quarterly dividend by nearly 12%, to 82 cents from 73.5 cents.

The new payout, equal to $3.28 a year, represents an annual yield of about 3.42% based on Tuesday's closing price of $95.80, up from 3.07%.

The Detroit company on Wednesday said the increased dividend is payable April 15 to shareholders of record March 17.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 26, 2025 07:48 ET (12:48 GMT)

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