DTE Energy Dividend

Dividend criteria checks 3/6

DTE Energy is a dividend paying company with a current yield of 3.55% that is well covered by earnings. Next payment date is on 15th July, 2024 with an ex-dividend date of 17th June, 2024.

Key information

3.5%

Dividend yield

64%

Payout ratio

Industry average yield3.8%
Next dividend pay date15 Jul 24
Ex dividend date17 Jun 24
Dividend per sharen/a
Earnings per shareUS$6.10
Dividend yield forecast in 3Y4.1%

Recent dividend updates

DTE Energy's (NYSE:DTE) Dividend Will Be $1.02

Mar 10
DTE Energy's (NYSE:DTE) Dividend Will Be $1.02

DTE Energy (NYSE:DTE) Has Announced A Dividend Of $1.02

Feb 05
DTE Energy (NYSE:DTE) Has Announced A Dividend Of $1.02

DTE Energy's (NYSE:DTE) Dividend Will Be Increased To $1.02

Dec 12
DTE Energy's (NYSE:DTE) Dividend Will Be Increased To $1.02

Recent updates

DTE Energy: Common Shares Are Overvalued, Consider The High-Yield Baby Bonds Instead

May 13

Does DTE Energy (NYSE:DTE) Have A Healthy Balance Sheet?

May 11
Does DTE Energy (NYSE:DTE) Have A Healthy Balance Sheet?

We think DTE Energy Company's (NYSE:DTE) CEO May Struggle To See Much Of A Pay Rise This Year

Apr 26
We think DTE Energy Company's (NYSE:DTE) CEO May Struggle To See Much Of A Pay Rise This Year

DTE Energy: A Much-Improved Growth Story With A Better Valuation (Rating Upgrade)

Apr 16

DTE Energy's (NYSE:DTE) Dividend Will Be $1.02

Mar 10
DTE Energy's (NYSE:DTE) Dividend Will Be $1.02

DTE Energy (NYSE:DTE) Strong Profits May Be Masking Some Underlying Issues

Feb 15
DTE Energy (NYSE:DTE) Strong Profits May Be Masking Some Underlying Issues

DTE Energy (NYSE:DTE) Has Announced A Dividend Of $1.02

Feb 05
DTE Energy (NYSE:DTE) Has Announced A Dividend Of $1.02

DTE Energy Company's (NYSE:DTE) Share Price Could Signal Some Risk

Jan 29
DTE Energy Company's (NYSE:DTE) Share Price Could Signal Some Risk

Calculating The Fair Value Of DTE Energy Company (NYSE:DTE)

Jan 08
Calculating The Fair Value Of DTE Energy Company (NYSE:DTE)

DTE Energy: Delivering To Shareholders

Dec 22

DTE Energy Company Should Keep Growing In 2024

Dec 14

DTE Energy's (NYSE:DTE) Dividend Will Be Increased To $1.02

Dec 12
DTE Energy's (NYSE:DTE) Dividend Will Be Increased To $1.02

DTE Energy: Valuation Has Improved Compared To Peers, Presenting Opportunity

Oct 13

These 4 Measures Indicate That DTE Energy (NYSE:DTE) Is Using Debt Extensively

Oct 10
These 4 Measures Indicate That DTE Energy (NYSE:DTE) Is Using Debt Extensively

Calculating The Intrinsic Value Of DTE Energy Company (NYSE:DTE)

Sep 01
Calculating The Intrinsic Value Of DTE Energy Company (NYSE:DTE)

Analysts Just Made A Major Revision To Their DTE Energy Company (NYSE:DTE) Revenue Forecasts

Aug 11
Analysts Just Made A Major Revision To Their DTE Energy Company (NYSE:DTE) Revenue Forecasts

DTE Energy: Adversely Impacted By Cooler Temperatures, But Remains Stable Overall

Aug 07

DTE Energy (NYSE:DTE) Has A Somewhat Strained Balance Sheet

Jun 27
DTE Energy (NYSE:DTE) Has A Somewhat Strained Balance Sheet

DTE Energy Is Offering A Nearly 8-Year High Dividend Yield Of 3.6%

May 26

Estimating The Intrinsic Value Of DTE Energy Company (NYSE:DTE)

May 22
Estimating The Intrinsic Value Of DTE Energy Company (NYSE:DTE)

Newsflash: DTE Energy Company (NYSE:DTE) Analysts Have Been Trimming Their Revenue Forecasts

May 04
Newsflash: DTE Energy Company (NYSE:DTE) Analysts Have Been Trimming Their Revenue Forecasts

Is DTE Energy (NYSE:DTE) Using Too Much Debt?

Mar 12
Is DTE Energy (NYSE:DTE) Using Too Much Debt?

DTE Energy Q4 2022 Earnings Preview

Feb 22

DTE Energy Company's (NYSE:DTE) Intrinsic Value Is Potentially 23% Below Its Share Price

Feb 06
DTE Energy Company's (NYSE:DTE) Intrinsic Value Is Potentially 23% Below Its Share Price

DTE Energy (NYSE:DTE) Is Increasing Its Dividend To $0.9525

Dec 09
DTE Energy (NYSE:DTE) Is Increasing Its Dividend To $0.9525

DTE Energy declares $0.9525 dividend

Nov 14

DTE Energy (NYSE:DTE) Is Paying Out A Larger Dividend Than Last Year

Nov 14
DTE Energy (NYSE:DTE) Is Paying Out A Larger Dividend Than Last Year

DTE Energy Q3 2022 Earnings Preview

Oct 26

Calculating The Fair Value Of DTE Energy Company (NYSE:DTE)

Oct 24
Calculating The Fair Value Of DTE Energy Company (NYSE:DTE)

DTE Energy Is A Haven But Offering A 10-Year-Low Dividend Yield Of 2.6%

Sep 12

DTE Energy (NYSE:DTE) Seems To Be Using A Lot Of Debt

Aug 24
DTE Energy (NYSE:DTE) Seems To Be Using A Lot Of Debt

DTE Energy Non-GAAP EPS misses estimates, raises 2022 operating EPS guidance

Jul 28

A Look At The Intrinsic Value Of DTE Energy Company (NYSE:DTE)

Jul 25
A Look At The Intrinsic Value Of DTE Energy Company (NYSE:DTE)

DTE Energy: Slow And Steady Dividend Grower

Jun 30

Is DTE Energy (NYSE:DTE) A Risky Investment?

May 25
Is DTE Energy (NYSE:DTE) A Risky Investment?

Upcoming Dividend Payment

TodayMay 23 2024Ex Dividend DateJun 17 2024Dividend Pay DateJul 15 202428 days from Ex DividendBuy in the next 24 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: DTE's dividend payments have been volatile in the past 10 years.

Growing Dividend: DTE's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

DTE Energy Dividend Yield vs Market
How does DTE dividend yield compare to the market?
SegmentDividend Yield
Company (DTE)3.5%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Integrated Utilities)3.8%
Analyst forecast in 3 Years (DTE)4.1%

Notable Dividend: DTE's dividend (3.55%) is higher than the bottom 25% of dividend payers in the US market (1.49%).

High Dividend: DTE's dividend (3.55%) is low compared to the top 25% of dividend payers in the US market (4.6%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (64.4%), DTE's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: DTE is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.