DTE Energy Co. operates as a diversified energy company, which engages in the development and management of energy-related businesses and services. It operates through the following segments: Electric, Gas, DTE Vantage, Energy Trading, and Corporate and Other. The Electric segment consists of generation, purchase, distribution, and sale of electricity to residential, commercial, and industrial customers in southeastern Michigan. The Gas segment is involved in the purchase, storage, transportation, distribution, and sale of natural gas to residential, commercial, and industrial customers throughout Michigan, and the sale of storage and transportation capacity. The DTE Vantage segment focuses on projects that deliver energy and utility-type products and services to industrial, commercial, and institutional customers, produce reduced emissions fuel, and sell electricity and pipeline-quality gas from renewable energy projects. The Energy Trading segment covers energy marketing and trading operations. The Corporate and Other segment includes various holding company activities, holds certain non-utility debt, and holds certain investments, as well as funds supporting regional development and economic growth. The company was founded in January 1995 and is headquartered in Detroit, MI.
DTE Energy 2020 Series Dividend Announcement
• DTE Energy 2020 Series announced a quarterly dividend of $0.27 per ordinary share which will be made payable on 2025-01-15. Ex dividend date: 2024-12-31
• DTE Energy 2020 Series annual dividend for 2024 was $1.09
• DTE Energy 2020 Series annual dividend for 2023 was $1.09
• DTE Energy 2020 Series's trailing twelve-month (TTM) dividend yield is 5.44%
• DTE Energy 2020 Series's payout ratio for the trailing twelve months (TTM) is 51.99%
DTE Energy 2020 Series Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-31 | $0.27 | quarterly | 2025-01-15 |
2024-09-30 | $0.27 | quarterly | 2024-10-15 |
2024-06-28 | $0.27 | quarterly | 2024-07-15 |
2024-03-27 | $0.27 | quarterly | 2024-04-15 |
2023-12-28 | $0.27 | quarterly | 2024-01-16 |
2023-09-28 | $0.27 | quarterly | 2023-10-16 |
2023-06-29 | $0.27 | quarterly | 2023-07-15 |
2023-03-30 | $0.27 | quarterly | 2023-04-15 |
2022-12-29 | $0.27 | quarterly | 2023-01-15 |
2022-09-29 | $0.27 | quarterly | 2022-10-15 |
2022-06-29 | $0.27 | quarterly | 2022-07-15 |
2022-03-30 | $0.27 | quarterly | 2022-04-15 |
2021-12-30 | $0.27 | quarterly | 2022-01-15 |
2021-09-29 | $0.27 | quarterly | 2021-10-15 |
2021-06-29 | $0.27 | quarterly | 2021-07-15 |
DTE Energy 2020 Series Dividend per year
DTE Energy 2020 Series Dividend growth
DTE Energy 2020 Series Dividend Yield
DTE Energy 2020 Series current trailing twelve-month (TTM) dividend yield is 5.44%. Interested in purchasing DTE Energy 2020 Series stock? Use our calculator to estimate your expected dividend yield:
DTE Energy 2020 Series Financial Ratios
DTE Energy 2020 Series Dividend FAQ
Other factors to consider when evaluating DTE Energy 2020 Series 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.
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1. Determination of Dividend: DTE Energy 2020 Series'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 2020 Series 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 2020 Series 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 2020 Series 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. Record Date: DTE Energy 2020 Series 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 2020 Series 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 2020 Series 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.
To assess the safety of DTE Energy 2020 Series'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 2020 Series'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.