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DTE Dte Energy dividend history, payout ratio & dates

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%.

Key dates

  • DTE last dividend date: Sep 16, 2022
  • DTE next dividend date: Not announced
DTE dividend stats
DPS
$3.54
Dividend yield
3.05%
Payout ratio
90.1%
vs. Utilities sector
Dividend yield
3.24%
Payout ratio
63.5%

Dividend yield

What is Dte Energy current dividend yield

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.

Dividend history

What is DTE dividend payout history and dates

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%.

Recent dividends

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 dividend payout ratio

What is Dte Energy dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

DTE dividend vs peer dividends

How does DTE dividend compare to its peers' dividends
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%

Frequently asked questions

Does Dte Energy pay a dividend?

Yes, Dte Energy has been paying dividends for the last 28 years.

When is Dte Energy's next dividend?

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.

When was DTE's last dividend?

Dte Energy's last dividend ex-date was on Sep 16, 2022. The dividend amount was $0.885 per share.

How much dividend does Dte Energy pay (per share)?

On an annual basis DTE pays $3.54 per share.

What is Dte Energy's dividend yield?

The current dividend yield of Dte Energy is 3.05%.

How often does Dte Energy pay dividends?

Dte Energy has a quarterly dividend frequency.

What is Dte Energy's dividend payout ratio?

Dte Energy's dividend payout ratio is 90.1%.

Does Dte Energy pay a good dividend?

Dte Energy's dividend yield is less than the Utilities sector average.