DTE Energy Co.

DTE Energy Co.DTE

Dividend Summary

The next DTE Energy Co. dividend is expected to go ex in 2 months and to be paid in 3 months.
The previous DTE Energy Co. dividend was 101.25c and it went ex 1 month ago and it was paid 5 days ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.6.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Quarterly Quarterly
Per share 101.25c Sign Up Required
Declaration date 18 Jun 2020 (Thu) 26 Oct 2020 (Mon)
Ex-div date 18 Sep 2020 (Fri) 18 Dec 2020 (Fri)
Pay date 15 Oct 2020 (Thu) 15 Jan 2021 (Fri)

Enter the number of DTE Energy Co. shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
100%
Our premium tools have predicted DTE Energy Co. with 100% accuracy.
Dividend Yield Today
3.5%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for DTE Energy Co.
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 21 Oct 2024 13 Dec 2024 15 Jan 2025 USD Sign up
Forecast Quarterly 20 Jun 2024 13 Sep 2024 14 Oct 2024 USD Sign up
Forecast Quarterly 02 May 2024 14 Jun 2024 15 Jul 2024 USD Sign up
Forecast Quarterly 25 Jan 2024 15 Mar 2024 15 Apr 2024 USD Sign up
Forecast Quarterly 23 Oct 2023 15 Dec 2023 15 Jan 2024 USD Sign up
Forecast Quarterly 22 Jun 2023 15 Sep 2023 16 Oct 2023 USD Sign up
Forecast Quarterly 04 May 2023 16 Jun 2023 15 Jul 2023 USD Sign up
Forecast Quarterly 26 Jan 2023 17 Mar 2023 15 Apr 2023 USD Sign up
Forecast Quarterly 24 Oct 2022 16 Dec 2022 15 Jan 2023 USD Sign up
Forecast Quarterly 23 Jun 2022 16 Sep 2022 17 Oct 2022 USD Sign up
Forecast Quarterly 05 May 2022 17 Jun 2022 15 Jul 2022 USD Sign up
Forecast Quarterly 27 Jan 2022 18 Mar 2022 15 Apr 2022 USD Sign up
Forecast Quarterly 25 Oct 2021 17 Dec 2021 15 Jan 2022 USD Sign up
Forecast Quarterly 17 Jun 2021 17 Sep 2021 15 Oct 2021 USD Sign up
Forecast Quarterly 06 May 2021 11 Jun 2021 15 Jul 2021 USD Sign up
Forecast Quarterly 28 Jan 2021 12 Mar 2021 15 Apr 2021 USD Sign up
Forecast Quarterly 26 Oct 2020 18 Dec 2020 15 Jan 2021 USD Sign up
Paid Quarterly 18 Jun 2020 18 Sep 2020 15 Oct 2020 USD 101.25c 101.25c 😄
Paid Quarterly 07 May 2020 12 Jun 2020 15 Jul 2020 USD 101.25c 101.25c 😄
Paid Quarterly 30 Jan 2020 13 Mar 2020 15 Apr 2020 USD 101.25c 101.25c 😄
Paid Quarterly 28 Oct 2019 13 Dec 2019 15 Jan 2020 USD 101.25c 101.25c 😄
Paid Quarterly 20 Jun 2019 13 Sep 2019 15 Oct 2019 USD 94.5c
Paid Quarterly 09 May 2019 14 Jun 2019 15 Jul 2019 USD 94.5c
Paid Quarterly 31 Jan 2019 15 Mar 2019 15 Apr 2019 USD 94.5c
Paid Quarterly 09 Nov 2018 14 Dec 2018 15 Jan 2019 USD 94.5c
Paid Quarterly 21 Jun 2018 14 Sep 2018 15 Oct 2018 USD 88.25c
Paid Quarterly 03 May 2018 15 Jun 2018 15 Jul 2018 USD 88.25c
Paid Quarterly 02 Feb 2018 16 Mar 2018 15 Apr 2018 USD 88.25c
Paid Quarterly 03 Nov 2017 15 Dec 2017 15 Jan 2018 USD 88.25c
Paid Quarterly 22 Jun 2017 15 Sep 2017 16 Oct 2017 USD 82.5c
Paid Quarterly 08 May 2017 15 Jun 2017 15 Jul 2017 USD 82.5c
Paid Quarterly 03 Feb 2017 16 Mar 2017 15 Apr 2017 USD 82.5c
Paid Quarterly 04 Nov 2016 15 Dec 2016 15 Jan 2017 USD 82.5c
Paid Quarterly 23 Jun 2016 15 Sep 2016 15 Oct 2016 USD 77c
Paid Quarterly 05 May 2016 16 Jun 2016 15 Jul 2016 USD 73c
Paid Quarterly 17 Mar 2016 15 Apr 2016 USD 73c
Paid Quarterly 02 Dec 2015 17 Dec 2015 15 Jan 2016 USD 73c
Paid Quarterly 25 Jun 2015 17 Sep 2015 15 Oct 2015 USD 73c
Paid Quarterly 07 May 2015 11 Jun 2015 15 Jul 2015 USD 69c
Paid Quarterly 05 Feb 2015 12 Mar 2015 15 Apr 2015 USD 69c
Paid Quarterly 03 Dec 2014 11 Dec 2014 15 Jan 2015 USD 69c
Paid Quarterly 19 Jun 2014 11 Sep 2014 15 Oct 2014 USD 69c
Paid Quarterly 01 May 2014 12 Jun 2014 15 Jul 2014 USD 65.5c
Paid Quarterly 06 Feb 2014 13 Mar 2014 15 Apr 2014 USD 65.5c
Paid Quarterly 05 Dec 2013 12 Dec 2013 15 Jan 2014 USD 65.5c
Paid Quarterly 20 Jun 2013 12 Sep 2013 15 Oct 2013 USD 65.5c
Paid Quarterly 01 May 2013 13 Jun 2013 15 Jul 2013 USD 65.5c
Paid Quarterly 07 Feb 2013 14 Mar 2013 15 Apr 2013 USD 62c
Paid Quarterly 07 Dec 2012 17 Dec 2012 15 Jan 2013 USD 62c
Paid Quarterly 13 Sep 2012 15 Oct 2012 USD 62c
Paid Quarterly 18 Jun 2012 15 Jul 2012 USD 58.75c
Year Amount Change
2006 0.0c
2007 0.0c
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0%
2008 0.0c
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0%
2009 0.0c
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0%
2010 0.0c
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0%
2011 0.0c
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0%
2012 244.75c
arrow_upward
100%
2013 196.5c
arrow_downward
-19.7%
2014 269.0c
arrow_upward
36.9%
2015 284.0c
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5.6%
2016 305.5c
arrow_upward
7.6%
2017 335.75c
arrow_upward
9.9%
2018 359.25c
arrow_upward
7.0%
2019 384.75c
arrow_upward
7.1%
2020 Sign Up Required
2021 Sign Up Required
2022 Sign Up Required
2023 Sign Up Required
2024 Sign Up Required

DTE Energy Co. Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
3.5%
Optimized Yield
Sign Up Required
52 Week High
6.4% on 12 March 2020
52 Week Low
3.1% on 18 December 2019
Next Ex-Div-Date Countdown
Sign Up Required

About DTE Energy Co.

DTE Energy Company (DTE Energy), incorporated on January 26, 1995, is an energy company. The Company's segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. DTE Energy's utility operations consist of DTE Electric Company (DTE Electric) and DTE Gas Company (DTE Gas). DTE Energy also has three other segments that are engaged in a range of energy-related businesses. DTE Energy's other businesses are involved in natural gas pipelines, gathering and storage; power and industrial projects, and energy marketing and trading operations.

Electric

The Electric segment consists of DTE Electric, which is engaged in the generation, purchase, distribution and sale of electricity to residential, commercial and industrial customers in southeastern Michigan. Electricity is generated from fossil-fuel plants, a hydroelectric pumped storage plant, a nuclear plant, wind and other renewable assets and is supplemented with purchased power. The electricity is sold, or distributed through the retail access program. DTE Electric's power is generated from a range of fuels and is supplemented with purchased power. DTE Electric owns generating facilities that are located in the State of Michigan. As of December 31, 2016, DTE Electric owned and operated 690 distribution substations with a capacity of approximately 35,526,000 kilovolt-amperes (kVA) and approximately 438,000 line transformers with a capacity of approximately 31,392,000 kVA.

Gas

The Gas segment consists of DTE Gas, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas to residential, commercial and industrial customers throughout Michigan, and the sale of storage and transportation capacity. It also includes the sale and delivery of natural gas to residential and small-volume commercial and industrial customers. Gas delivery service is provided to large-volume commercial and industrial customers. Additionally, the service is provided to residential customers and small-volume commercial and industrial customers. End user transportation customers purchase natural gas directly from marketers, producers or brokers, and utilize DTE Gas' pipeline network to transport the gas to their facilities or homes. Gas delivery service is provided to producers, brokers and other gas companies that own the natural gas. Intermediate transportation customers use DTE Gas' transportation system to transport the natural gas to storage fields, pipeline interconnections or other locations. It also includes natural gas storage, appliance maintenance, facility development and other energy-related services.

DTE Gas owns distribution, storage and transportation properties that are located in the State of Michigan. As of December 31, 2016, the distribution system included approximately 19,000 miles of distribution mains, approximately 1,149,000 service pipelines and approximately 1,297,000 active meters, and DTE Gas owned approximately 2,000 miles of transmission pipelines that delivered natural gas to the distribution districts and interconnect DTE Gas storage fields with the sources of supply and the market areas. As of December 31, 2016, DTE Gas owned storage properties relating to four underground natural gas storage fields with an aggregate working gas storage capacity of approximately 139 billion cubic feet (Bcf).

Gas Storage and Pipelines

The Gas Storage and Pipelines segment owns natural gas storage fields, lateral and gathering pipeline systems, compression and surface facilities, and has ownership interests in interstate pipelines serving the Midwest, Ontario and Northeast markets. Gas Storage and Pipelines operates natural gas storage facilities in Michigan as intrastate facilities. Gas Storage and Pipelines also provides interstate services. Vector and Millennium Pipelines provide interstate transportation services.

Power and Industrial Projects

The Power and Industrial Projects segment consists of projects that deliver energy and utility-type products and services to industrial, commercial and institutional customers, produce reduced emissions fuel, and sell electricity from renewable energy projects. This business segment provides services using project assets usually located on or near the customers' premises in the steel, automotive, pulp and paper, airport, chemical and other industries, including Steel and Petroleum Coke; On-Site Energy; Wholesale Power and Renewables, and Reduced Emissions Fuel. As of December 31, 2016, Power and Industrial Projects produced metallurgical coke from a coke battery with a capacity of one million tons per year and had an investment in a second coke battery with a capacity of 1.2 million tons per year. Power and Industrial Projects also provides pulverized coal and petroleum coke to the steel, pulp and paper, and other industries.

Power and Industrial Projects provides power generation, steam production, chilled water production, wastewater treatment and compressed air supply to industrial customers. Power and Industrial Projects also provides utility-type services using project assets usually located on or near the customers' premises in the automotive, airport, chemical and other industries. As of December 31, 2016, Power and Industrial Projects held ownership interests in, and operated, four renewable generating plants with a capacity of 191 megawatts (MWs). Power and Industrial Projects also develops landfill gas recovery systems that capture the gas and provide local utilities, industries and consumers with an opportunity to use a renewable source of energy.

Energy Trading

The Energy Trading segment consists of energy marketing and trading operations. Energy Trading also provides natural gas, power and related services, which may include the management of associated storage and transportation contracts on the customers' behalf and the supply or purchase of renewable energy credits to various customers. Energy Trading's customer base includes utilities, local distribution companies, pipelines, producers and generators, and other marketing and trading companies. Energy Trading also provides commodity risk management services to the other businesses within DTE Energy.

Corporate and Other

Then Corporate and Other segment includes various holding company activities and holds certain non-utility debt. The segment also holds energy-related investments.

Sector
Energy
Country
United States
Share Price
$118.17 (yesterday's closing price)
Shares in Issue
183 million
Market Cap
$21.6bn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
1.6
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
6
Market Indices
S&P 500
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