DTE Energy is a dividend paying company with a current yield of 3.52% that is well covered by earnings. Next payment date is on 15th October, 2024 with an ex-dividend date of 16th September, 2024.
Key information
3.5%
Dividend yield
64%
Payout ratio
Industry average yield
0%
Next dividend pay date
15 Oct 24
Ex dividend date
16 Sep 24
Dividend per share
Mex$4.080
Earnings per share
Mex$6.10
Dividend yield forecast in 3Y
4.1%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DTE1 *'s dividend payments have been volatile in the past 10 years.
Growing Dividend: DTE1 *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
DTE Energy Dividend Yield vs Market
How does DTE1 * dividend yield compare to the market?
Segment
Dividend Yield
Company (DTE1 *)
3.5%
Market Bottom 25% (MX)
0%
Market Top 25% (MX)
0%
Industry Average (Integrated Utilities)
0%
Analyst forecast in 3 Years (DTE1 *)
4.1%
Notable Dividend: DTE1 *'s dividend (3.52%) is higher than the bottom 25% of dividend payers in the MX market (2.06%).
High Dividend: DTE1 *'s dividend (3.52%) is low compared to the top 25% of dividend payers in the MX market (7.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.4%), DTE1 *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DTE1 * is paying a dividend but the company has no free cash flows.