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)
Copyright (c) 2025 Dow Jones & Company, Inc.
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