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DTE Energy Co. (DTE) Raises Quarterly Dividend 5.8% to $0.73; 3.9% Yield

Go back to DTE Energy Co. (DTE) Raises Quarterly Dividend 5.8% to $0.73; 3.9% Yield

DTE Energy increases dividend nearly 6 percent

June 25, 2015 3:32 PM EDT

DETROIT, June 25, 2015 /PRNewswire/ -- The DTE Energy Board of Directors today declared a $0.73 per share dividend on its common stock payable Oct. 15, 2015, to shareholders of record at the close of business Sept. 21, 2015.

This is a $0.04 per share, or 5.8 percent, increase from the previous quarterly dividend of $0.69 per share and reflects the Board's and management's confidence in DTE's long-range growth plan. The new annualized dividend is... More

DTE Energy to install Detroit's first solar energy trash compactors

June 25, 2015 10:24 AM EDT

DETROIT, June 25, 2015 /PRNewswire/ -- DTE Energy will install smart, solar-powered trash compactor and recycling units in its downtown Detroit neighborhood to help make the city cleaner and greener.     

The Bigbelly units, the first solar-generated compactors in the city of Detroit, are expected to arrive this summer.  

DTE will install seven of the units which collect and compact trash on site and also gather aluminum and plastic containers for recycling.  The pilot program supports the company's Energize Detroit neighborhood revitalization initiative while helping to... More