DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 698 distribution substations and 449,800 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 20,000 miles of distribution mains; 1,304,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is headquartered in Detroit, Michigan.
DTE Energy Dividend Announcement
• DTE Energy announced a quarterly dividend of $1.09 per ordinary share which will be made payable on 2025-01-15. Ex dividend date: 2024-12-16
• DTE Energy annual dividend for 2024 was $4.15
• DTE Energy annual dividend for 2023 was $3.88
• DTE Energy's trailing twelve-month (TTM) dividend yield is 2.52%
• DTE Energy's payout ratio for the trailing twelve months (TTM) is 51.93%
• DTE Energy's dividend growth over the last five years (2018-2023) was -2.83% year
• DTE Energy's dividend growth over the last ten years (2013-2023) was 4.14% year
DTE Energy Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-16 | $1.09 | quarterly | 2025-01-15 |
| 2024-09-16 | $1.02 | quarterly | 2024-10-15 |
| 2024-06-17 | $1.02 | quarterly | 2024-07-15 |
| 2024-03-15 | $1.02 | quarterly | 2024-04-15 |
| 2023-12-15 | $1.02 | quarterly | 2024-01-15 |
| 2023-09-15 | $0.95 | quarterly | 2023-10-15 |
| 2023-06-15 | $0.95 | quarterly | 2023-07-15 |
| 2023-03-17 | $0.95 | quarterly | 2023-04-15 |
| 2022-12-16 | $0.95 | quarterly | 2023-01-15 |
| 2022-09-16 | $0.89 | quarterly | 2022-10-15 |
| 2022-06-16 | $0.89 | quarterly | 2022-07-15 |
| 2022-03-18 | $0.89 | quarterly | 2022-04-15 |
| 2021-12-17 | $0.89 | quarterly | 2022-01-15 |
| 2021-09-17 | $0.82 | quarterly | 2021-10-15 |
| 2021-06-18 | $0.82 | quarterly | 2021-07-15 |
| 2021-03-12 | $1.08 | quarterly | 2021-04-15 |
| 2020-12-18 | $1.08 | quarterly | 2021-01-15 |
| 2020-09-18 | $1.01 | quarterly | 2020-10-15 |
| 2020-06-12 | $1.01 | quarterly | 2020-07-15 |
| 2020-03-13 | $1.01 | quarterly | 2020-04-15 |
| 2019-12-13 | $1.01 | quarterly | 2020-01-15 |
| 2019-09-13 | $0.94 | quarterly | 2019-10-15 |
| 2019-06-14 | $0.94 | quarterly | 2019-07-15 |
| 2019-03-15 | $0.94 | quarterly | 2019-04-15 |
| 2018-12-14 | $0.94 | quarterly | 2019-01-15 |
| 2018-09-14 | $0.88 | quarterly | 2018-10-15 |
| 2018-06-15 | $0.88 | quarterly | 2018-07-15 |
| 2018-03-16 | $0.88 | quarterly | 2018-04-15 |
| 2018-02-16 | $0.88 | quarterly | |
| 2017-12-15 | $0.88 | quarterly | 2018-01-15 |
| 2017-09-15 | $0.82 | quarterly | 2017-10-15 |
| 2017-06-15 | $0.82 | quarterly | 2017-07-15 |
| 2017-03-16 | $0.82 | quarterly | 2017-04-15 |
| 2016-12-15 | $0.82 | quarterly | 2017-01-15 |
| 2016-09-15 | $0.77 | quarterly | 2016-10-15 |
| 2016-06-16 | $0.73 | quarterly | 2016-07-15 |
| 2016-03-17 | $0.73 | quarterly | 2016-04-15 |
| 2015-12-17 | $0.73 | quarterly | 2016-01-15 |
| 2015-09-17 | $0.73 | quarterly | 2015-10-15 |
| 2015-06-11 | $0.69 | quarterly | 2015-07-15 |
| 2015-03-12 | $0.69 | quarterly | 2015-04-15 |
| 2014-12-11 | $0.69 | quarterly | 2015-01-15 |
| 2014-09-11 | $0.69 | quarterly | 2014-10-15 |
| 2014-06-12 | $0.66 | quarterly | 2014-07-15 |
| 2014-03-13 | $0.66 | quarterly | 2014-04-15 |
| 2013-12-12 | $0.66 | quarterly | 2014-01-15 |
| 2013-09-12 | $0.66 | quarterly | 2013-10-15 |
| 2013-06-13 | $0.66 | quarterly | 2013-07-15 |
| 2013-03-14 | $0.62 | quarterly | 2013-04-15 |
DTE Energy Dividend per year
DTE Energy Dividend growth
DTE Energy Dividend Yield
DTE Energy current trailing twelve-month (TTM) dividend yield is 2.52%. Interested in purchasing DTE Energy stock? Use our calculator to estimate your expected dividend yield:
DTE Energy Financial Ratios
P/E ratio16.40
PEG ratio-8.73
P/B ratio2.17
ROE13.63%
Payout ratio51.93%
Current ratio0.83
Quick ratio0.62
Cash Ratio0.14
DTE Energy Dividend FAQ
How much is the next DTE Energy dividend?
DTE Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next DTE Energy dividend. The next DTE Energy dividend will be released in March, June, September, or December.
When is DTE Energy dividend paid?
DTE Energy pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does DTE Energy pay?
The specific amount of DTE Energy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find DTE Energy's dividend history.
Does DTE Energy stock pay dividends?
Yes, DTE Energy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find DTE Energy's dividend history.
How much dividend does DTE Energy pay?
DTE Energy paid $4.15 in 2024, $3.878 in 2023, $3.607 in 2022, $3.62 in 2021, and $4.123 in 2020.
How often does DTE Energy pay dividends?
DTE Energy typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is DTE Energy's dividend yield?
The current dividend yield for DTE Energy is 2.52%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate DTE Energy's exact dividend yield.
When does DTE Energy go ex dividend?
DTE Energy's ex-dividend date for the latest dividend was on 2024-12-16. DTE Energy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next DTE Energy dividend paid?
DTE Energy pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will DTE Energy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether DTE Energy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is DTE Energy dividend per share?
DTE Energy paid $4.15 per share in 2024 and $3.878 per share in 2023. The amount of dividend per share that DTE Energy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is DTE Energy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is DTE Energy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is DTE Energy a dividend stock?
Yes, DTE Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is DTE Energy a good dividend stock?
Whether DTE Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. DTE Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating DTE Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating DTE Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does DTE Energy pay dividends monthly?
DTE Energy typically pays dividends on a quarterly basis.
Does DTE Energy pay dividends quarterly?
DTE Energy currently pays dividends on a quarterly basis.
Has DTE Energy ever paid a dividend?
Yes, DTE Energy has a history of paying dividends to its shareholders. DTE Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy DTE Energy dividend stocks?
To buy DTE Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy DTE Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy DTE Energy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does DTE Energy pay dividends 2024?
DTE Energy pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will DTE Energy increase its dividend in 2024?
Decisions regarding DTE Energy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date DTE Energy dividend overview you can look into the above table of dividend history.
How DTE Energy dividend works?
The DTE Energy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how DTE Energy's dividend process works:
1. Determination of Dividend: DTE Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, DTE Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, DTE Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from DTE Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: DTE Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, DTE Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, DTE Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from DTE Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are DTE Energy dividends paid?
DTE Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: DTE Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, DTE Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DTE Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: DTE Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, DTE Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: DTE Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does DTE Energy pay dividends?
DTE Energy typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does DTE Energy pay dividends?
The general pattern is that DTE Energy pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is DTE Energy dividend safe?
The safety of DTE Energy's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of DTE Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review DTE Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of DTE Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review DTE Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.