DTE Energy As of September 21, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
DTE $3.30 -24.0% 7.2% 7.1%
Business yield Hike yrs 5 yr CAGR freq. paid since
Electric & Gas Utility 2.9% 0 0.0% Quarter 1916
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DTE Energy (DTE) will raise its quarterly dividend by 5.5 percent to $0.77 per share. The new annualized dividend is $3.08, up from $2.92. DTE Energy has issued a cash dividend for more than 100 years, dating back to the early twentieth century.

"We recognize the value of our long history of dividend growth and the role it plays in delivering above-average shareholder returns," said Gerry Anderson, DTE Energy chairman and CEO. "This dividend increase approved by our board of directors marks seven consecutive years DTE has increased its dividend payout, signaling a vote of confidence in the company's financial strength."

DTE Energy is a Detroit-based energy company. Its operating units include an electric utility serving customers in Southeastern Michigan and a natural gas utility serving customers in Michigan. The company's non-utility energy businesses are focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. The company has issued a cash dividend for more than 100 years.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Sep 23 SRE 3.4% 5.3%
Sep 23 RL 2.5% 0.0%
Sep 23 FLS 2.3% 0.0%
Sep 23 XRAY 0.7% 10.0%
Sep 23 IFF 2.4% 2.6%
Sep 23 MDT 2.0% 8.6%
Sep 24 EQR 3.0% 0.0%
Sep 24 GE 0.3% 0.0%
Sep 24 CERN 1.2% 0.0%
Sep 27 LRCX 1.0% 15.4%