DCP Midstream, LP Common Units (DCP) Dividends
Dividend Yield and Dividend History Highlights
- If you're seeking price stability while collecting dividends, note that DCP has less volatility in its price than merely 10.64% of US stocks in our dividend set.
- DCP's free cash flow has increased for the 4th straight quarter.
- As for stocks whose price is uncorrelated with DCP's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: EVI, REYN, MPX, K and CNXN.
DCP Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $41.69 | $46.33 | 40.23% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding DCP Midstream LP, the dividend discount model StockNews created for the company implies a positive return of 40.23%. Digging deeper, the aspects of DCP Midstream LP's dividend discount model that we found most interesting were:
- The amount of revenue DCP Midstream LP earns annually is around 11 billion; in terms of how this translates into revenue, it has a dividend yield higher than 90.21% of companies in the large revenue class.
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for DCP than it is for 8.57% of other equities in the Energy sector that also issue dividends.
- In terms of who is growing the amount of dividends they return to shareholders, DCP boasts a higher growth rate in terms of its annual cash distributed to its owners than only 10.48% of the dividend issuers in our set.
DCP Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2023-04-28 | Dividend | $0.43 | -- |
| 2023-02-02 | Dividend | $0.43 | -- |
| 2022-10-27 | Dividend | $0.43 | -- |
| 2022-07-28 | Dividend | $0.43 | +10.26% |
| 2022-04-28 | Dividend | $0.39 | -- |
| 2022-02-03 | Dividend | $0.39 | -- |
| 2021-10-28 | Dividend | $0.39 | -- |
| 2021-07-29 | Dividend | $0.39 | -- |
| 2021-04-29 | Dividend | $0.39 | -- |
| 2021-02-04 | Dividend | $0.39 | -- |
| 2020-10-29 | Dividend | $0.39 | -- |
| 2020-07-30 | Dividend | $0.39 | -- |
| 2020-04-30 | Dividend | $0.39 | -50.00% |
| 2020-01-31 | Dividend | $0.78 | -- |
| 2019-10-31 | Dividend | $0.78 | -- |
| 2019-08-01 | Dividend | $0.78 | -- |
| 2019-05-02 | Dividend | $0.78 | -- |
| 2019-02-01 | Dividend | $0.78 | -- |
| 2018-11-01 | Dividend | $0.78 | -- |
| 2018-08-02 | Dividend | $0.78 | -- |
| 2018-05-07 | Dividend | $0.78 | -- |
| 2018-02-06 | Dividend | $0.78 | -- |
| 2017-11-06 | Dividend | $0.78 | -- |
| 2017-08-04 | Dividend | $0.78 | -- |
| 2017-05-05 | Dividend | $0.78 | -- |
| 2017-02-03 | Dividend | $0.78 | -- |
| 2016-11-04 | Dividend | $0.78 | -- |
| 2016-08-03 | Dividend | $0.78 | -- |
| 2016-05-05 | Dividend | $0.78 | -- |
| 2016-02-04 | Dividend | $0.78 | -- |
| 2015-11-04 | Dividend | $0.78 | -- |
| 2015-08-05 | Dividend | $0.78 | -- |
| 2015-05-06 | Dividend | $0.78 | -- |
| 2015-02-05 | Dividend | $0.78 | +1.30% |
| 2014-11-05 | Dividend | $0.77 | +1.65% |
| 2014-08-06 | Dividend | $0.76 | +1.68% |
| 2014-05-06 | Dividend | $0.75 | +1.71% |
| 2014-02-05 | Dividend | $0.73 | +1.74% |
| 2013-11-05 | Dividend | $0.72 | +1.41% |
| 2013-08-05 | Dividend | $0.71 | +1.43% |
| 2013-05-06 | Dividend | $0.70 | +1.45% |
| 2013-02-05 | Dividend | $0.69 | +1.47% |
| 2012-11-05 | Dividend | $0.68 | +1.49% |
| 2012-08-03 | Dividend | $0.67 | +1.52% |
| 2012-05-04 | Dividend | $0.66 | +1.54% |
| 2012-02-03 | Dividend | $0.65 | +1.56% |
| 2011-11-03 | Dividend | $0.64 | +1.19% |
| 2011-08-03 | Dividend | $0.63 | +1.20% |
| 2011-05-04 | Dividend | $0.63 | +1.21% |
| 2011-02-03 | Dividend | $0.62 | +1.23% |
| 2010-11-03 | Dividend | $0.61 | -- |
| 2010-08-04 | Dividend | $0.61 | +1.67% |
| 2010-05-05 | Dividend | $0.60 | -- |
| 2010-02-03 | Dividend | $0.60 | -- |
| 2009-11-04 | Dividend | $0.60 | -- |
| 2009-08-05 | Dividend | $0.60 | -- |
| 2009-05-06 | Dividend | $0.60 | -- |
| 2009-02-04 | Dividend | $0.60 | -- |
| 2008-11-05 | Dividend | $0.60 | -- |
| 2008-08-05 | Dividend | $0.60 | +1.69% |
| 2008-05-06 | Dividend | $0.59 | +3.51% |
| 2008-02-05 | Dividend | $0.57 | +3.64% |
| 2007-11-05 | Dividend | $0.55 | +3.77% |
| 2007-08-03 | Dividend | $0.53 | +13.98% |
| 2007-05-04 | Dividend | $0.47 | +8.14% |
| 2007-02-05 | Dividend | $0.43 | +6.17% |
| 2006-11-02 | Dividend | $0.41 | +6.58% |
| 2006-08-02 | Dividend | $0.38 | +8.57% |
| 2006-05-03 | Dividend | $0.35 | +268.42% |
| 2006-02-01 | Dividend | $0.10 | -- |
DCP Dividends vs. Peers
DCP's dividend yield currently ranks #12 of 81 vs. its peers in the MLPs - Oil & Gas category.
Looking for More Information on DCP dividends?
Here are a few links from around the web to help you further your research on DCP Midstream LP and its dividends:DCP Midstream LP Common Stock (DCP) Dividend History | Nasdaq
Dividend History for DCP Midstream LP (DCP) - Dividend Investor
DCP Midstream LP (DCP) Dividend History - Seeking Alpha