Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

DT Midstream, Inc. (DTM)

Company Dividend Discount ModelIndustry: Oil & Gas MidstreamSector: Energy

Valuation Snapshot

Stable Growth$29.12 - $42.31$35.51
Multi-Stage$52.29 - $57.27$54.73
Blended Fair Value$45.12
Current Price$113.06
Upside-60.09%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018
DPS0.00%0.00%2.742.582.395.480.000.000.000.000.000.00
YoY Growth--6.46%7.79%-56.35%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--2.84%4.21%4.84%10.09%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)403.00
(-) Cash Dividends Paid (M)312.00
(=) Cash Retained (M)91.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)80.6050.3830.23
Cash Retained (M)91.0091.0091.00
(-) Cash Required (M)-80.60-50.38-30.23
(=) Excess Retained (M)10.4040.6360.78
(/) Shares Outstanding (M)102.07102.07102.07
(=) Excess Retained per Share0.100.400.60
LTM Dividend per Share3.063.063.06
(+) Excess Retained per Share0.100.400.60
(=) Adjusted Dividend3.163.453.65
WACC / Discount Rate8.63%8.63%8.63%
Growth Rate-2.00%-1.00%0.00%
Fair Value$29.12$35.51$42.31
Upside / Downside-74.25%-68.59%-62.57%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)403.00398.97394.98391.03387.12383.25394.75
Payout Ratio77.42%79.94%82.45%84.97%87.48%90.00%92.50%
Projected Dividends (M)312.00318.92325.67332.25338.67344.92365.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.63%8.63%8.63%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)290.61293.58296.55
Year 2 PV (M)270.43275.97281.58
Year 3 PV (M)251.41259.18267.12
Year 4 PV (M)233.52243.20253.17
Year 5 PV (M)216.73228.01239.76
PV of Terminal Value (M)4,074.434,286.594,507.50
Equity Value (M)5,337.125,586.535,845.68
Shares Outstanding (M)102.07102.07102.07
Fair Value$52.29$54.73$57.27
Upside / Downside-53.75%-51.59%-49.34%

High-Yield Dividend Screener

« Prev Page 123 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300775.SZXi'an Triangle Defense Co.,Ltd0.30%$0.099.32%
300818.SZNaipu Mining Machinery Co., Ltd.0.30%$0.1132.96%
600784.SSLuyin Investment Group Co.,Ltd.0.30%$0.026.76%
600962.SSSDIC Zhonglu Fruit Juice Co.,Ltd.0.30%$0.0730.06%
603601.SSChongqing Zaisheng Technology Co., Ltd.0.30%$0.0446.68%
603667.SSZhejiang XCC Group Co.,Ltd0.30%$0.2183.57%
605218.SSWays Electron Co.,Ltd.0.30%$0.0623.94%
688109.SSPinming Technology Co., Ltd.0.30%$0.3844.16%
688248.SSChina Southern Power Grid Technology Co.,Ltd0.30%$0.1420.49%
688611.SSHangzhou Kelin Electric Co., Ltd.0.30%$0.1556.17%
AOMD.DEAlstom S.A.0.30%$0.0859.02%
DOFG.OLDOF Group ASA0.30%$0.2919.15%
DRD.JODRDGOLD Limited0.30%$15.3940.74%
HYDROGEN.BKHYDROGEN Freehold And Leasehold Real Estate Investment Trust0.30%$0.023.25%
SONACOMS.BOSona BLW Precision Forgings Limited0.30%$1.4414.64%
SRT3.DESartorius AG0.30%$0.7329.96%
SVMSilvercorp Metals Inc.0.30%$0.0321.82%
002079.SZSuzhou Good-Ark Electronics Co., Ltd.0.29%$0.0323.72%
002268.SZCETC Cyberspace Security Technology Co., Ltd.0.29%$0.0632.01%
002389.SZAerospace CH UAV Co.,Ltd0.29%$0.0776.61%
002703.SZZhejiang Shibao Company Limited0.29%$0.0626.72%
071090.KSHisteel Co.,Ltd.0.29%$10.0354.30%
0A37.LBetsson AB0.29%$0.4330.16%
300101.SZChengdu CORPRO Technology Co., Ltd.0.29%$0.0876.66%
300731.SZShenzhen Cotran New Material Co.,Ltd.0.29%$0.1762.10%
300811.SZPOCO Holding Co., Ltd.0.29%$0.2015.44%
300872.SZTansun Technology Co., Ltd.0.29%$0.0657.03%
300942.SZShenzhen Bioeasy Biotechnology Co., Ltd.0.29%$0.0335.42%
300963.SZShanghai Zhongzhou Special Alloy Materials Co., Ltd.0.29%$0.0635.64%
300991.SZShenzhen Chuangyitong Technology Co.,Ltd.0.29%$0.1269.32%
600250.SSNanjing Business & Tourism Corp., Ltd.0.29%$0.0341.28%
600851.SSShanghai Haixin Group Co., Ltd.0.29%$0.0215.14%
603086.SSShanDong Cynda Chemical Co.,Ltd0.29%$0.026.33%
603501.SSOmniVision Integrated Circuits Group, Inc.0.29%$0.3610.31%
CFN.LSCofina, SGPS, S.A.0.29%$0.0327.20%
INDES.ISIndeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi0.29%$0.022.69%
VGSB.MEVolgogradenergosbyt Public Joint-Stock Company0.29%$0.040.80%
VIDLI.BOVidli Restaurants Limited0.29%$0.2148.58%
000957.SZZhongtong Bus Holding Co., Ltd.0.28%$0.035.64%
002709.SZGuangzhou Tinci Materials Technology Co., Ltd.0.28%$0.1344.28%
002716.SZHunan Silver Co.,Ltd.0.28%$0.0226.82%
101490.KQS&S Tech Corporation0.28%$146.128.45%
300613.SZShanghai Fullhan Microelectronics Co., Ltd.0.28%$0.1319.15%
300681.SZZhuhai Enpower Electric Co.,Ltd.0.28%$0.0712.42%
301008.SZZhejiang Hongchang Electrical Technology Co., Ltd.0.28%$0.1037.02%
600392.SSShenghe Resources Holding Co., Ltd0.28%$0.0611.91%
600422.SSKPC Pharmaceuticals, Inc.0.28%$0.034.93%
600550.SSBaoding Tianwei Baobian Electric Co., Ltd.0.28%$0.0334.90%
601069.SSWestern Region Gold Co., Ltd.0.28%$0.0821.77%
603039.SSWeaver Network Technology Co., Ltd.0.28%$0.1517.86%