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DTE Energy Company Stock Dividends Overview

DTE pays dividends quarterly. Last paid amount was $1.02 at Apr 15, 2024. As of today, dividend yield (TTM) is 3.72%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.72%
Frequency Quarterly
1Y Growth 7.03%
Payout Ratio 0
Amount Per Share $1.02
DTE Energy Company has not yet announced its next dividend date. Last payment date was: Apr 15, 2024.

DTE Dividend Payout History

To ensure a understanding of DTE's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 01, 2024 Mar 15, 2024 Apr 15, 2024 $1.02 0.97%
2 Dec 08, 2023 Dec 15, 2023 Jan 15, 2024 $1.02 0.94%
3 Jun 22, 2023 Sep 15, 2023 Oct 15, 2023 $0.95 0.97%
4 May 04, 2023 Jun 15, 2023 Jul 15, 2023 $0.95 0.84%
5 Feb 02, 2023 Mar 17, 2023 Apr 15, 2023 $0.95 0.84%
6 Nov 10, 2022 Dec 16, 2022 Jan 15, 2023 $0.95 0.81%
7 Jun 23, 2022 Sep 16, 2022 Oct 15, 2022 $0.89 0.85%
8 May 05, 2022 Jun 16, 2022 Jul 15, 2022 $0.89 0.707%
9 Feb 03, 2022 Mar 18, 2022 Apr 15, 2022 $0.89 0.645%
10 Oct 27, 2021 Dec 17, 2021 Jan 15, 2022 $0.89 0.741%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (59.76%)

Growth potential

Stable (4.53%)

DTE Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from DTE dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in DTE stock here.

Comparing DTE to Sector and Country

DTE pays a solid dividend yield of 3.72%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.74%). DTE’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.52%), which means that there are more attractive dividend stocks to consider.

DTE Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
EIX
Edison International 26.901B $0.780 5.63% 86.71%
ETR
Entergy Corporation 22.767B $1.13 5.59% 39.64%
ES
Eversource Energy 20.873B $0.715 4.41% -209.50%
AEE
Ameren Corporation 19.823B $0.670 4.30% 57.47%
WEC
WEC Energy Group Inc 25.737B $0.84 3.83% 73.84%
PEG
Public Service Enterprise Group Incorporated 32.777B $0.600 3.74% 44.36%
DTE
DTE Energy Company 22.394B $1.02 3.72% 53.83%
ED
Consolidated Edison Inc 31.707B $0.83 3.61% 43.51%
PPL
PPL Corporation 19.93B - 2.84% 95.14%
AWK
American Water Works 23.234B $0.708 2.66% 56.36%
PCG
PG&E Corporation 35.951B $0.0100 0.118% -

FAQ

What factors can affect the amount of DTE's dividend payments?
The amount of DTE's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in DTE sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from DTE stock be automatically reinvested?
If DTE offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy DTE stock.

How often does DTE pay dividend?
DTE Energy Company (DTE) pays dividends quarterly. The most recent payout was on Apr 15, 2024.

How much does DTE pays per share?
The last recorder (Mar 15, 2024) dividend per share was $1.02.

What is DTE dividend growth rate?
Over the last year, DTE Energy Company has witnessed growth rate of 7.03% . Looking back over the past 3 years, this growth rate has been 3.37%. Furthermore, examining the past 5 years, DTE Energy Company has maintained an average Dividends Per Share Growth Rate of 4.87%.
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About DTE Energy Company

DTE Energy Company 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 s... DTE Profile

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