DTE Energy (DTE) Raises Quarterly Dividend 5.5% to $0.77; 3.3% Yield

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Go back to DTE Energy (DTE) Raises Quarterly Dividend 5.5% to $0.77; 3.3% Yield

DTE Energy increases dividend for seventh straight year; annualized rate increases 5.5 percent

June 23, 2016 5:00 PM EDT

DETROIT, June 23, 2016 /PRNewswire/ -- The DTE Energy Board of Directors today declared a $0.77 per share dividend on its common stock payable Oct. 15, 2016, to shareholders of record at the close of business Sept. 19, 2016.

This is a $0.04 per share, or 5.5 percent, increase from the previous quarterly dividend of $0.73 per share and reflects the Board's and management's confidence in... More