Dte Energy's latest quarterly dividend of $0.885 per share was on Sep 16, 2022 (ex-date). The annualized dividend distribution of $3.54 per share represents a current dividend yield of 3.05%.
Dte Energy's dividend yield of 3.05% is above its peers average but below the Utilities sector and the industry average. If we compare it with its Utilities sector average of 3.24%, Dte Energy's dividend yield is 6% lower. The historical 5-year average of DTE's dividend yield is 3.2%, which is more than the current yield.
Dte Energy has a history of paying dividends since 1994. Our records of DTE show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has a decrease of 13% since twelve months ago. And with the price of the stock up by 2% from a year ago, the dividend yield has a decrease of 15%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 16, 2022 | Oct 15, 2022 | Jun 23, 2022 | $0.885 | normal |
| Jun 16, 2022 | Jul 15, 2022 | May 5, 2022 | $0.885 | normal |
| Mar 18, 2022 | Apr 15, 2022 | Feb 3, 2022 | $0.885 | normal |
| Dec 17, 2021 | Jan 15, 2022 | Oct 27, 2021 | $0.885 | normal |
| Sep 17, 2021 | Oct 15, 2021 | Jun 24, 2021 | $0.825 | normal |
| Jun 18, 2021 | Jul 15, 2021 | May 6, 2021 | $1.085 | normal |
| Mar 12, 2021 | Apr 15, 2021 | Jan 28, 2021 | $1.085 | normal |
| Dec 18, 2020 | Jan 15, 2021 | Oct 27, 2020 | $1.085 | normal |
| Sep 18, 2020 | Oct 15, 2020 | Jun 18, 2020 | $1.013 | normal |
| Jun 12, 2020 | Jul 15, 2020 | May 7, 2020 | $1.013 | normal |
| Mar 13, 2020 | Apr 15, 2020 | Jan 30, 2020 | $1.013 | normal |
| Dec 13, 2019 | Jan 15, 2020 | Oct 28, 2019 | $1.013 | normal |
| Sep 13, 2019 | Oct 15, 2019 | Jun 20, 2019 | $0.945 | normal |
| Jun 14, 2019 | Jul 15, 2019 | May 9, 2019 | $0.945 | normal |
| Mar 15, 2019 | Apr 15, 2019 | Jan 31, 2019 | $0.945 | normal |
| Dec 14, 2018 | Jan 15, 2019 | Nov 9, 2018 | $0.945 | normal |
| Sep 14, 2018 | Oct 15, 2018 | Jun 21, 2018 | $0.882 | normal |
| Jun 15, 2018 | Jul 15, 2018 | May 3, 2018 | $0.882 | normal |
| Mar 16, 2018 | Apr 15, 2018 | Feb 2, 2018 | $0.882 | normal |
| Dec 15, 2017 | Jan 15, 2018 | Nov 3, 2017 | $0.882 | normal |
| Sep 15, 2017 | Oct 16, 2017 | Jun 22, 2017 | $0.825 | normal |
| Jun 15, 2017 | Jul 15, 2017 | May 8, 2017 | $0.825 | normal |
| Mar 16, 2017 | Apr 15, 2017 | Feb 3, 2017 | $0.825 | normal |
| Dec 15, 2016 | Jan 15, 2017 | Nov 4, 2016 | $0.825 | normal |
| Sep 15, 2016 | Oct 15, 2016 | Jun 23, 2016 | $0.77 | normal |
| Jun 16, 2016 | Jul 15, 2016 | May 5, 2016 | $0.73 | normal |
| Mar 17, 2016 | Apr 15, 2016 | $0.73 | normal | |
| Dec 17, 2015 | Jan 15, 2016 | Dec 2, 2015 | $0.73 | normal |
Dte Energy's payout ratio of 90.1% is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 63.5%, Dte Energy's payout ratio is 42% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NI Nisource Inc | 3.54% | $0.93 | 55.4% |
| LNT Alliant Energy Corp | 3.18% | $1.69 | 60.9% |
| WEC Wec Energy Group Inc | 3.16% | $2.86 | 66.1% |
| CMS Cms Energy Corp | 3.1% | $1.82 | 39.9% |
| DTE Dte Energy Co | 3.05% | $3.54 | 90.1% |
| XEL Xcel Energy Inc | 2.99% | $1.92 | 63.9% |
| AEE Ameren Corp | 2.85% | $2.32 | 59.2% |
| MGEE Mge Energy Inc | 2.35% | $1.57 | 54.6% |
Yes, Dte Energy has been paying dividends for the last 28 years.
At this point we don't have a record of DTE's next dividend date, but based on the current dividend schedule we project that it will likely be in December 2022.
Dte Energy's last dividend ex-date was on Sep 16, 2022. The dividend amount was $0.885 per share.
On an annual basis DTE pays $3.54 per share.
The current dividend yield of Dte Energy is 3.05%.
Dte Energy has a quarterly dividend frequency.
Dte Energy's dividend payout ratio is 90.1%.
Dte Energy's dividend yield is less than the Utilities sector average.