DTE Energy (DTE) Raises Quarterly Dividend 7.1% to $0.825; 3.5% Yield

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Go back to DTE Energy (DTE) Raises Quarterly Dividend 7.1% to $0.825; 3.5% Yield

DTE Energy increases dividend 7 percent

November 4, 2016 4:18 PM EDT

DETROIT, Nov. 4, 2016 /PRNewswire/ -- The DTE Energy Board of Directors today declared an $0.825 per share dividend on its common stock payable Jan. 15, 2017, to shareholders of record at the close of business Dec. 19, 2016.

This is a $0.055 per share or 7.1 percent increase from the previous quarterly dividend of $0.77 per share and reflects the Board's confidence in the company's growth plans. The new annualized dividend per share is $3.30, up from $3.08. This continues DTE Energy's... More