DTE Energy Dividend
Dividend criteria checks 3/6
DTE Energy is a dividend paying company with a current yield of 3.66% that is well covered by earnings.
Key information
3.7%
Dividend yield
64%
Payout ratio
Industry average yield | 5.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$6.10 |
Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0I6Q's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0I6Q's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
DTE Energy Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (0I6Q) | 3.7% |
Market Bottom 25% (GB) | 2.2% |
Market Top 25% (GB) | 5.9% |
Industry Average (Integrated Utilities) | 5.6% |
Analyst forecast in 3 Years (0I6Q) | 4.2% |
Notable Dividend: 0I6Q's dividend (3.66%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: 0I6Q's dividend (3.66%) is low compared to the top 25% of dividend payers in the UK market (5.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.4%), 0I6Q's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 0I6Q is paying a dividend but the company has no free cash flows.