DCP Midstream LP Dividend Stock Review New York Stock Exchange
DCP Midstream LP (DCP) Dividend Details and dates on New York Stock Exchange
DCP Midstream LP
DCP Midstream LP engages in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling natural gas liquids (NGLs) and condensate; and transporting, storing and selling propane in wholesale markets. It operates through three segments: Gathering & Processing powerhouse, Logistics & Marketing, and Growth Projects. The Gathering & Processing powerhouse segment engages in gathering and processing of raw gas to make it marketable. The Logistics & Marketing segment consists of multiple downstream assets including fractionators, NGL pipelines, and NGL storage facilities. The Growth Projects segment includes Mewbourn 3, which is a cryogenic natural gas processing plant in the DJ Basin. The company was founded in August 2005 and is headquartered in Denver, CO.
Industrial Services Oil & Gas Pipelines
Based on score of 58% we would not recommend DCP Midstream LP ( DCP ) for investing for dividend growth and capital gains.
Dividend income advisory for DCP
Dividend Yield for DCP
The expected yield for DCP is 9.67 %, this hefty return can be healthy but only if DCP Midstream LP is cheaply priced, and has a low debt to equity ratio and a nice profit per share.
How is DCP priced
DCP has a trailing price to earnings ratio (P/E) of 48.64. The ratio is determined by the performance in the last 12 months. The P/E of DCP is at the high side, this mostly means the asset is valued to account for future revenue of profits of DCP Midstream LP.
Debt to equity of DCP
With the Debt To Equity rate of DCP (0.74) we can conclude that DCP Midstream LP does not seem to have more liabilities than equity provided by the shareholders. A lower D/E ratio stands for a less risky investment.
Price Prediction for DCP
On average analists predict that DCP will be correctly priced after a 15%. change. We can expect some long term capital gains.
Upcoming Dividends for DCP
No Upcoming dividends declared.
Dividends in past 12 months DCP
||Ex Dividend Date
Historical Dividends & Cap Growth for DCP
Past 5 Year Capital Gains -11.65 %
Dividend yield 23.06 %
Growth including dividends 11.41%
Latest news for DCP
Dividend Stats For DCP
- Current Dividend Yield 9.67%
- Past Year Payout: 3.12 USD
- Next Ex Dividend Undeclared
- Next Payment: N/A USD
- Our score 58 %