DTE Energy (DTE) to spin-off Midstream business
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DTE Energy announces intent to spin-off Midstream business
October 27, 2020 7:15 AM EDTUnlocking significant shareholder value through spin-off of Midstream
Higher combined dividend compared to DTE's current, pre-transaction dividend
Increased utility capex plan by $2 billion to $17 billion
Both companies to maintain commitments to Michigan and local communities
Separately announced Q3 2020 results; increased 2020 guidance, provided 2021 EPS early outlook and increased 2021 dividend by 7%1
DETROIT, Oct. 27, 2020 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:... More
