DT Midstream Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of DT Midstream has declared a $0.64 per share dividend on its common stock, payable on Jan. 15, 2023, to shareholders of record by the close of business on Dec. 19, 2022.

DT Midstream operates natural gas pipelines and storage systems across the U.S. and Canada, providing services to utilities, power plants, and industrial customers. The company is committed to achieving net zero greenhouse gas emissions by 2050 and aims for a 30% reduction in carbon emissions in the next decade.

Positive

• Declaration of a $0.64 per share dividend, affirming shareholder returns.
• Commitment to achieving net zero greenhouse gas emissions by 2050 enhances corporate sustainability.

Negative

• None.

DETROIT, Dec. 05, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of DT Midstream, Inc. (NYSE: DTM) has declared a $0.64 per share dividend on its common stock payable Jan. 15, 2023 to shareholders of record at the close of business Dec. 19, 2022.

About DT Midstream

DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment and surface facilities. The Company transports clean natural gas for utilities, power plants, marketers, large industrial customers and energy producers across the Southern, Northeastern and Midwestern United States and Canada. The Detroit-based company offers a comprehensive, wellhead-to-market array of services, including natural gas transportation, storage and gathering. DT Midstream is transitioning towards net zero greenhouse gas emissions by 2050, including a plan of achieving 30% of its carbon emissions reduction in the next decade. For more information, please visit the DT Midstream website at www.dtmidstream.com.

Investor Relations

Todd Lohrmann, DT Midstream, 313.774.2424
investor_relations@dtmidstream.com 

FAQ

What is the dividend amount declared by DT Midstream?

DT Midstream has declared a dividend of $0.64 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on January 15, 2023.

What is the record date for the dividend?

Shareholders must be on record by December 19, 2022.

What is DT Midstream's commitment regarding emissions?

DT Midstream aims for net zero greenhouse gas emissions by 2050 with a 30% reduction in the next decade.