DTE Energy (DTE) Raises Quarterly Dividend 7.1% to $1.0125; 3.2% Yield

October 28, 2019 7:11 AM EDT

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DTE Energy (NYSE: DTE) declared a quarterly dividend of $1.0125 per share, or $4.05 annualized. This is a 7.1% increase from the prior dividend of $0.945.

The dividend will be payable on January 15, 2020, to stockholders of record on December 16, 2019, with an ex-dividend date of December 13, 2019.

The annual yield on the dividend is 3.2 percent.

"This dividend increase reflects the company's strong performance and ability to consistently achieve our goals," said Jerry Norcia, DTE Energy President and CEO. "The Board's approval of the increase signals confidence in the company's performance and long-term strategic plan."

For a dividend history and other dividend-related data on DTE Energy (DTE) click here.

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