Dte Energy's latest quarterly dividend of $0.953 per share was on Dec 16, 2022 (ex-date). The annualized dividend distribution of $3.61 per share represents a current dividend yield of 3.17%. The latest DTE payment of $0.953 marks a dividend growth of 8%.
Dte Energy's dividend yield of 3.17% is above the Utilities sector and its peers average but below the industry average. But if we consider its Utilities sector average of 3.04%, Dte Energy's dividend yield is only 4.3% higher. The historical 5-year average of DTE's dividend yield is 3.2%, which is similar to 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 7% since twelve months ago. And with the price of the stock down by 4.9% from a year ago, the dividend yield has a decrease of 2.3%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 16, 2022 | Jan 15, 2023 | Nov 10, 2022 | $0.953 | normal |
| 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 62.2% is above its peers average but below the Utilities sector and the industry average. But compared to its Utilities sector average of 63.7%, Dte Energy's payout ratio is only 2.4% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NI Nisource Inc | 3.51% | $0.96 | 57.2% |
| LNT Alliant Energy Corp | 3.24% | $1.74 | 65.5% |
| DTE Dte Energy Co | 3.17% | $3.61 | 62.2% |
| WEC Wec Energy Group Inc | 3.12% | $2.91 | 66.6% |
| CMS Cms Energy Corp | 2.95% | $1.84 | 41.2% |
| XEL Xcel Energy Inc | 2.83% | $1.95 | 63.6% |
| AEE Ameren Corp | 2.74% | $2.36 | 58.9% |
| MGEE Mge Energy Inc | 2.17% | $1.59 | 56% |
Yes, Dte Energy has been paying dividends for the last 28 years.
DTE has announced its next dividend with ex-date Mar 17, 2023.
Dte Energy's last dividend ex-date was on Dec 16, 2022. The dividend amount was $0.953 per share.
On an annual basis DTE pays $3.61 per share.
The current dividend yield of Dte Energy is 3.17%.
Dte Energy has a quarterly dividend frequency.
Dte Energy's dividend payout ratio is 62.2%.
Dte Energy's dividend yield is similar to the Utilities sector average.