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, with a payment date set for July 15, 2022. Shareholders must be on record by the close of business on June 20, 2022. DT Midstream operates in natural gas transportation and related services across the U.S. and Canada, emphasizing clean energy efforts and a commitment to reaching net zero greenhouse gas emissions by 2050, targeting a 30% reduction in carbon emissions over the next decade.

Positive

• Declared a dividend of $0.64 per share, indicating confidence in financial stability.
• Commitment to achieving net zero greenhouse gas emissions by 2050 demonstrates sustainability focus.
• Targeting a 30% reduction in carbon emissions within the next decade aligns with industry trends.

Negative

• None.

DETROIT, May 06, 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 July 15, 2022 to shareholders of record at the close of business June 20, 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 target 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 for DT Midstream and when will it be paid?

DT Midstream has declared a dividend of $0.64 per share, payable on July 15, 2022.

When is the record date for the upcoming dividend of DTM?

The record date for the upcoming dividend is June 20, 2022.

What steps is DT Midstream taking towards sustainability?

DT Midstream aims to achieve net zero greenhouse gas emissions by 2050 and a 30% reduction in carbon emissions over the next decade.