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DTE Energy Dividends and Buybacks
Dividend criteria checks 3/6
DTE Energy is a dividend paying company with a current yield of 3.4% that is well covered by earnings.
Key information
3.4%
Dividend yield
-5.2%
Buyback Yield
| Total Shareholder Yield | -1.8% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | -0.06% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €3.807 |
| Payout ratio | 60% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DGY's dividend payments have been volatile in the past 10 years.
Growing Dividend: DGY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| DTE Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DGY) | 3.4% |
| Market Bottom 25% (BG) | 1.7% |
| Market Top 25% (BG) | 4.9% |
| Industry Average (Integrated Utilities) | 5.9% |
| Analyst forecast (DGY) (up to 3 years) | 3.9% |
Notable Dividend: DGY's dividend (3.4%) is higher than the bottom 25% of dividend payers in the BG market (1.57%).
High Dividend: DGY's dividend (3.4%) is low compared to the top 25% of dividend payers in the BG market (5.99%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.7%), DGY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DGY is paying a dividend but the company has no free cash flows.