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DTE Energy (DTE) Dividend Yield, Date & History

DTE Energy logo
$120.18 +2.07 (+1.75%)
(As of 12/20/2024 05:31 PM ET)

DTE Energy Dividend Summary

Dividend Yield
3.63%
Annual Dividend
$4.36
Next
Dividend Payment
Jan. 15
Dividend Increase
Track Record
16 Years
Annualized 3-Year
Dividend Growth
-2.02%
Dividend Payout Ratio
59.08%

DTE Energy (DTE) pays an annual dividend of $4.36 per share, with a dividend yield of 3.63%. The next quarterly payment of $1.09 per share is scheduled for Wednesday, January 15, to investors who owned the stock before the ex-dividend date of Monday, December 16. DTE has grown its dividend for 16 consecutive years, with an average annual increase of -0.68%. The company currently pays out 59.08% of its earnings and 31.78% of its cash flow as dividends.

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DTE Dividend Payments by Quarter

The chart below displays up to four years of DTE Energy's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

DTE Dividend Yield Over Time

The chart below tracks DTE Energy's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

DTE Energy vs. The Competition

Compare DTE Energy's annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypeDTE EnergyUtilities CompaniesNYSE Companies
Annual Dividend$4.36$0.04$1.39
Dividend Yield3.63%4.09%3.58%
Annualized 3-Year Dividend Growth-2.02%1.33%15.78%
Track Record16 years28 years24 years

DTE Energy Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings59.08%
Based on This Year's Estimate64.50%
Based on Next Year's Estimate60.47%
Based on Cashflow31.78%

DTE Energy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/3/2024quarterly$1.09+$0.07
6.86%
3.55%12/16/202412/16/20241/15/2025
6/20/2024Quarterly$1.02 - 3.68%9/16/20249/16/202410/15/2024
5/2/2024quarterly$1.02 - 3.6%6/17/20246/17/20247/15/2024
2/1/2024quarterly$1.02 - 3.9%3/15/20243/18/20244/15/2024
12/8/2023Quarterly$1.02+$0.0680
7.14%
3.76%12/15/202312/18/20231/15/2024
6/22/2023Quarterly$0.9520-$0.0005
0.05%
3.46%9/15/20239/18/202310/15/2023
5/4/2023quarterly$0.9525 - 3.4%6/15/20236/19/20237/15/2023
2/2/2023quarterly$0.9525+$0.0005
0.05%
3.4%3/17/20233/20/20234/15/2023

This table shows DTE Energy's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

DTE Energy Dividend - Frequently Asked Questions

The current dividend yield for DTE Energy is 3.63%. Learn more on DTE's dividend yield history.

The annual dividend for DTE shares is $4.36. Learn more on DTE's annual dividend history.

DTE Energy pays quarterly dividends to shareholders.

DTE Energy's next quarterly dividend payment of $1.09 per share will be made to shareholders on Wednesday, January 15, 2025.

DTE Energy's most recent quarterly dividend payment of $1.02 per share was made to shareholders on Tuesday, October 15, 2024.

DTE Energy's most recent ex-dividend date was Monday, December 16, 2024.

Over the past three years, the company's dividend has not grown. It has decreased by -2.02%.

DTE Energy has increased its dividend for the past 16 consecutive years.

The most recent change in the company's dividend was an increase of $0.07 on Tuesday, December 3, 2024.

The dividend payout ratio for DTE is:
  • 59.08% based on the trailing year of earnings
  • 64.50% based on this year's estimates
  • 60.47% based on next year's estimates
  • 31.78% based on cash flow

DTE Energy's dividend yield of 3.59% is lower than the average Utilities company that issues a dividend. The company's 16 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. DTE Energy's dividend payout ratio of 59.08% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate DTE Energy stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:DTE) was last updated on 12/21/2024 by MarketBeat.com Staff
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