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DTEDTE Energy Company

Dividends

Dividend payments are $4.58 per share, with a current dividend yield of 3.00%. The company has dividend history for 16 consecutive years.

DTE Dividend Summary

Consecutive Years

16

Next Ex-Dividend Date

Sep 21, 2026

Next Payment Date

Oct 15, 2026

DTE Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

DTE Dividends CAGR Chart

DTE Energy Company (DTE)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$3.50
2025$4.44+6.87%
2024$4.15+7.03%
2023$3.88+7.48%
2022$3.61+1.43%
2021$3.56+1.34%
2020$3.51+7.17%
2019$3.27+7.07%
2018$3.06+7.03%
2017$2.86+9.92%
2016$2.60+7.57%
2015$2.42+5.58%
2014$2.29+4.06%
2013$2.20+7.00%
2012$2.06+3.96%
2011$1.98+6.61%
2010$1.86+2.83%
2009$1.80+0.00%
2008$1.80+0.00%
2007$1.80+2.17%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q3 2026$1.17+6.88%
Q2 2026$1.17+6.88%
Q1 2026$1.17+6.88%
Q4 2025$1.17+6.88%
Q3 2025$1.09+6.86%
Q2 2025$1.09+6.86%
Q1 2025$1.09+6.86%
Q4 2024$1.09+6.86%
Q3 2024$1.02+7.09%
Q2 2024$1.02+7.09%
Q1 2024$1.02+7.09%
Q4 2023$1.02+7.09%
Q3 2023$0.95+7.63%
Q2 2023$0.95+7.63%
Q1 2023$0.95+7.63%
Q4 2022$0.95+7.63%
Q3 2022$0.89+7.27%
Q2 2022$0.89-4.16%
Q1 2022$0.89-4.16%
Q4 2021$0.89-4.16%
Q3 2021$0.82-4.31%
Q2 2021$0.92+7.11%
Q1 2021$0.92+7.11%
Q4 2020$0.92+7.11%

Dividend Yield Metrics

Current Yield
3.00%
Average Yield (TTM)
3.00%
Average Yield (3Y)
2.72%
Forward Yield on Cost (3Y)
3.74%
Forward Yield on Cost (5Y)
4.33%
Forward Yield on Cost (10Y)
6.26%

Payout Ratio Analysis

Payout Ratio (Current)
75.04%
FCF Payout Ratio
N/A
Payout Ratio (3Y Avg)
60.43%
Payout Ratio (5Y Avg)
64.51%
FCF Payout (3Y Avg)
474.07%
FCF Payout (5Y Avg)
305.79%

An FCF payout above 100% means dividends exceeded the period's free cash flow, often because of temporarily depressed FCF (one-off capex or working-capital swings) rather than an unfunded dividend. Compare against the earnings payout ratio and the multi-year trend before drawing a conclusion.

Dividend Coverage

Payout Ratio
75.0%
Dividends / net income
FCF Payout Ratio
N/A
Dividends / free cash flow
Consecutive Years
16 years
Years with regular dividend payments
5Y Dividend Growth
4.8%
Compound annual dividend growth

About DTE Energy Company

DTE Energy Company, established in 1903 and based in Detroit, Michigan, is primarily engaged in utility services. Its Electric division is responsible for generating, acquiring, delivering, and selling electricity to approximately 2.3 million customers—including households, businesses, and industrial clients—across southeastern Michigan. This power is sourced from diverse facilities, encompassing fossil fuel, pumped-storage hydroelectric, nuclear, wind, and other renewable energy assets. The infrastructure supporting this includes around 698 distribution substations and 449,800 line transformers. The Gas division manages the procurement, storage, transmission, distribution, and sale of natural gas to roughly 1.3 million residential, commercial, and industrial customers statewide in Michigan. This segment also provides natural gas storage and transportation capacity. Its extensive network features approximately 20,000 miles of distribution mains, 1,304,000 service pipelines, 1,305,000 active meters, and about 2,000 miles of transmission pipelines. Through its Power and Industrial Projects segment, DTE Energy supplies metallurgical coke, along with pulverized coal and petroleum coke, to the steel, pulp and paper, and other industrial sectors. This segment also delivers essential services such as power, steam, and chilled water production, wastewater treatment, and compressed air to various industrial clients. Finally, the Energy Trading segment focuses on the marketing and trading of power, natural gas, and environmental commodities. It also undertakes structured transactions and works to optimize its contracted natural gas pipeline transportation and storage assets.

Detroit, MI
9,650 employees
Utilities / Regulated Electric
Sector
Utilities
Industry
Regulated Electric
CEO
Joi Harris