DT Midstream Reports Record 2024 Results; Raises Dividend
From GlobeNewswire: 2025-02-26 07:30:00
DT Midstream, Inc. reported a full-year 2024 Adjusted EBITDA of $969 million. They increased their dividend by 12% and announced agreements for utility-scale power projects. CEO David Slater expressed gratitude to employees for exceeding guidance and completing key projects on budget. The company has increased its 2025 Adjusted EBITDA guidance and provided a 2026 early outlook range of $1.155 to $1.225 billion. They will pay a dividend of $0.82 per share on April 15, 2025, and are confident in their future goals. Investors can listen to a conference call today at 9:00 a.m. ET. DT Midstream is transitioning to net zero greenhouse gas emissions by 2050.
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