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DTE (DTE Energy Co) Dividend Yield % : 3.24% (As of Oct. 31, 2024)


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What is DTE Energy Co Dividend Yield %?

As of today (2024-10-31), the Trailing Annual Dividend Yield of DTE Energy Co is 3.24%.

Warning Sign:

DTE Energy Co stock dividend yield is close to 2-year low.

The historical rank and industry rank for DTE Energy Co's Dividend Yield % or its related term are showing as below:

DTE' s Dividend Yield % Range Over the Past 10 Years
Min: 2.56   Med: 3.59   Max: 5.45
Current: 3.24

During the past 13 years, the highest Dividend Yield of DTE Energy Co was 5.45%. The lowest was 2.56%. And the median was 3.59%.

DTE's Dividend Yield % is ranked worse than
58.56% of 432 companies
in the Utilities - Regulated industry
Industry Median: 3.725 vs DTE: 3.24

DTE Energy Co's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.47.

During the past 13 years, the highest Dividend Payout Ratio of DTE Energy Co was 0.88. The lowest was 0.56. And the median was 0.68.

As of today (2024-10-31), the Forward Dividend Yield % of DTE Energy Co is 3.24%.

DTE Energy Co's Dividends per Share for the three months ended in Sep. 2024 was $1.02.

During the past 12 months, DTE Energy Co's average Dividends Per Share Growth Rate was 7.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of DTE Energy Co was 58.70% per year. The lowest was -2.10% per year. And the median was 3.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


DTE Energy Co Dividend Yield % Historical Data

The historical data trend for DTE Energy Co's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DTE Energy Co Dividend Yield % Chart

DTE Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.96 3.40 3.25 3.03 3.52

DTE Energy Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.84 3.52 3.52 3.61 3.18

Competitive Comparison of DTE Energy Co's Dividend Yield %

For the Utilities - Regulated Electric subindustry, DTE Energy Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DTE Energy Co's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, DTE Energy Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where DTE Energy Co's Dividend Yield % falls into.



DTE Energy Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

DTE Energy Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.0200002024-09-162024-09-162024-10-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.0200002024-06-172024-06-172024-07-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.0200002024-03-152024-03-182024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.0200002023-12-152023-12-182024-01-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

DTE Energy Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.08/124.14
=3.29 %

Current Share Price is $124.14.
DTE Energy Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.08.

DTE Energy Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4.08/124.14
=3.29 %

Current Share Price is $124.14.
DTE Energy Co's Dividends per Share for the forward twelve months is calculated as $1.02 * 4 = $4.08.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DTE Energy Co  (NYSE:DTE) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


DTE Energy Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of DTE Energy Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


DTE Energy Co Business Description

Traded in Other Exchanges
Address
One Energy Plaza, Detroit, MI, USA, 48226-1279
DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.
Executives
Trevor F Lauer officer: President and COO-DTE Electric ONE ENERGY PLAZA, DETROIT MI 48226
Lisa A. Muschong officer: Corporate Secretary ONE ENERGY PLAZA, DETROIT MI 48226
Mark W Stiers officer: President and COO - DTE Gas ONE ENERGY PLAZA, DETROIT MI 48226
Joann Chavez officer: Sr VP & Chief Legal Officer ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Robert A. Richard officer: Executive Vice President ONE ENERGY PLAZA, DETROIT MI 48226
Joi M. Harris officer: Pres. & COO - DTE Gas Company ONE ENERGY PLAZA, DETROIT MI 48226
Tracy J Myrick officer: Chief Accounting Officer ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Matthew T. Paul officer: President & COO DTE Gas Co. ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Deborah L Byers director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Gerard M Anderson director, officer: Chairman and CEO ONE ENERGY PLAZA, LEGAL DEPARTMENT, DETROIT MI 48226
David A Thomas director ONE ENERGY PLAZA, DETROIT MI 48226
Mark C. Rolling officer: VP Controller & CAO ONE ENERGY PLAZA, DETROIT MI 48226
David E Meador officer: Vice Chairman and CAO ONE ENERGY PLAZA, DETROIT MI 48226
Peter B Oleksiak officer: Sr. Vice President and CFO ONE ENERGY PLAZA, DETROIT MI 48226
Gary Torgow director 235 EAST MAIN STREET, MIDLAND MI 48640