Dte Energy's latest dividend of $1.02 per share was on Sep 16, 2024 (ex-date). The annualized dividend distribution of $4.08 per share represents a current dividend yield of 3.29%.
Dte Energy's dividend yield of 3.29% is above the Utilities sector, the industry and its peers average. If we compare it with its Utilities sector average of 3.07%, Dte Energy's dividend yield is 7% higher. The historical 5-year average of DTE's dividend yield is 3.5%, which is more than the current yield.
Dte Energy has a history of paying dividends since 1992. Our records of DTE show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 7% since twelve months ago. But with the price of the stock up by 20% from a year ago, the dividend yield has a decrease of 11%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 16, 2024 | $1.02 | 3.23% |
Jun 17, 2024 | $1.02 | 3.62% |
Mar 15, 2024 | $1.02 | 3.64% |
Dec 15, 2023 | $1.02 | 3.53% |
Sep 15, 2023 | $0.953 | 3.57% |
Jun 15, 2023 | $0.953 | 3.29% |
Mar 17, 2023 | $0.953 | 3.43% |
Dec 16, 2022 | $0.953 | 3.11% |
Sep 16, 2022 | $0.885 | 2.73% |
Jun 16, 2022 | $0.885 | 2.98% |
Mar 18, 2022 | $0.885 | 3.78% |
Dec 17, 2021 | $0.885 | 4.26% |
Sep 17, 2021 | $0.825 | 4.53% |
Jun 29, 2021 | $1.085 | 4.13% |
Jun 18, 2021 | $1.085 | 3.24% |
Mar 12, 2021 | $1.085 | 3.29% |
Dec 18, 2020 | $1.085 | 3.39% |
Sep 18, 2020 | $1.013 | 3.62% |
Jun 12, 2020 | $1.013 | 3.79% |
Mar 13, 2020 | $1.013 | 4.06% |
Dec 13, 2019 | $1.013 | 3.08% |
Sep 13, 2019 | $0.945 | 2.94% |
Jun 14, 2019 | $0.945 | 2.87% |
Mar 15, 2019 | $0.945 | 2.95% |
Dec 14, 2018 | $0.945 | 3.04% |
Sep 14, 2018 | $0.883 | 3.14% |
Jun 15, 2018 | $0.883 | 3.58% |
Mar 16, 2018 | $0.883 | 3.34% |
Dec 15, 2017 | $0.883 | 2.97% |
Sep 15, 2017 | $0.825 | 2.96% |
Jun 15, 2017 | $0.825 | 2.94% |
Mar 16, 2017 | $0.825 | 3.14% |
Dec 15, 2016 | $0.825 | 3.16% |
Sep 15, 2016 | $0.77 | 3.21% |
Jun 16, 2016 | $0.73 | 3.11% |
Mar 17, 2016 | $0.73 | 3.22% |
Dec 17, 2015 | $0.73 | 3.55% |
Sep 17, 2015 | $0.73 | 3.58% |
Jun 11, 2015 | $0.69 | 3.69% |
Mar 12, 2015 | $0.69 | 3.47% |
Dte Energy's payout ratio of 55.1% is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 63.3%, Dte Energy's payout ratio is 13% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
WEC Wec Energy Group Inc | 3.3% | $3.34 | 81.7% |
DTE Dte Energy Co | 3.27% | $4.08 | 55.1% |
XEL Xcel Energy Inc | 3.03% | $2.16 | 64.2% |
LNT Alliant Energy Corp | 3.02% | $1.92 | 74.4% |
CMS Cms Energy Corp | 2.96% | $2.06 | 58.9% |
NI Nisource Inc | 2.81% | $1.06 | 62.7% |
AEE Ameren Corp | 2.8% | $2.64 | 62% |
MGEE Mge Energy Inc | 1.65% | $1.73 | 53% |
Yes, Dte Energy has been paying dividends for the last 32 years.
Dte Energy's last dividend ex-date was on Sep 16, 2024. The dividend amount was $1.02 per share.
On an annual basis DTE pays $4.08 per share.
The current dividend yield of Dte Energy is 3.29%.
Dte Energy has a quarterly dividend frequency.
Dte Energy's dividend payout ratio is 55.1%.
Dte Energy's dividend yield is more than the Utilities sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.