DTE Energy Company Stock Dividends
DTE Energy Company Stock Dividends Overview
DTE pays dividends quarterly. Last paid amount was $1.02 at Jul 15, 2024. As of today, dividend yield (TTM) is 3.62%.
Dividend Yield Range
AI Analysis of DTE
| Dividend Analysis |
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Key Stats
| Dividend Yield (TTM) | 3.62% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $1.02 |
| Next Ex-Dividend Date | Sep 16, 2024 |
| Next Payment Date | Oct 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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 20, 2024 | Sep 16, 2024 | Oct 15, 2024 | $1.02 | 0.81% |
| 2 | May 02, 2024 | Jun 17, 2024 | Jul 15, 2024 | $1.02 | 0.90% |
| 3 | Feb 01, 2024 | Mar 15, 2024 | Apr 15, 2024 | $1.02 | 0.97% |
| 4 | Dec 08, 2023 | Dec 15, 2023 | Jan 15, 2024 | $1.02 | 0.94% |
| 5 | Jun 22, 2023 | Sep 15, 2023 | Oct 15, 2023 | $0.95 | 0.97% |
| 6 | May 04, 2023 | Jun 15, 2023 | Jul 15, 2023 | $0.95 | 0.84% |
| 7 | Feb 02, 2023 | Mar 17, 2023 | Apr 15, 2023 | $0.95 | 0.84% |
| 8 | Nov 10, 2022 | Dec 16, 2022 | Jan 15, 2023 | $0.95 | 0.81% |
| 9 | Jun 23, 2022 | Sep 16, 2022 | Oct 15, 2022 | $0.89 | 0.85% |
| 10 | May 05, 2022 | Jun 16, 2022 | Jul 15, 2022 | $0.89 | 0.707% |
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
Growth potential
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 3.62%, which is higher than the average of the bottom 25% of dividend payers in the US market (2.67%). DTE’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (9.20%), which means that there are more attractive dividend stocks to consider.
DTE Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Edison International | 32.694B | $0.780 | 5.31% | 109.43% | |
| Entergy Corporation | 27.99B | $1.13 | 5.29% | 54.10% | |
| Eversource Energy | 22.901B | $0.715 | 4.60% | -1,045.98% | |
| PPL Corporation | 23.513B | $0.258 | 4.47% | 86.07% | |
| Ameren Corporation | 23.25B | $0.670 | 4.39% | 58.80% | |
| WEC Energy Group Inc | 29.756B | $0.84 | 3.91% | 74.44% | |
| DTE Energy Company | 25.938B | $1.02 | 3.62% | 56.28% | |
| Consolidated Edison Inc | 35.009B | $0.83 | 3.54% | 60.77% | |
| Public Service Enterprise Group Incorporated | 44.825B | $0.600 | 3.32% | 70.62% | |
| American Water Works | 26.694B | $0.765 | 2.77% | 58.79% | |
| PG&E Corporation | 42.129B | $0.0100 | 0.226% | 1.70% |
