DT Midstream Increased Its Quarterly Dividend By ~7% To $0.735, Payable April 15, 2024
Portfolio Pulse from Benzinga Newsdesk
DT Midstream announced a 7% increase in its quarterly dividend to $0.735 per share, payable on April 15, 2024, to stockholders of record as of March 18, 2024.
February 16, 2024 | 12:12 pm
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DT Midstream increased its quarterly dividend by 7% to $0.735 per share, payable on April 15, 2024.
Increasing dividends is generally viewed positively by the market as it signals confidence in the company's financial health and future prospects. This increase in DT Midstream's dividend could attract income-focused investors and potentially lead to a short-term uptick in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100