DTE Energy Co (DTE Energy Co) Dividend Payout Ratio

: 0.46 (As of Dec. 2023)

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DTE Energy Co's dividend payout ratio for the months ended in Dec. 2023 was 0.46.

The historical rank and industry rank for DTE Energy Co's Dividend Payout Ratio or its related term are showing as below:

DTE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.57 Med: 0.68 Max: 0.88
Current: 0.57

During the past 13 years, the highest Dividend Payout Ratio of DTE Energy Co was 0.88. The lowest was 0.57. And the median was 0.68.

DTE's Dividend Payout Ratio is ranked worse than
53.26% of 368 companies
in the Utilities - Regulated industry
Industry Median: 0.53 vs DTE: 0.57

As of today (2024-04-19), the Dividend Yield % of DTE Energy Co is 3.67%.

During the past 13 years, the highest Trailing Annual Dividend Yield of DTE Energy Co was 5.45%. The lowest was 2.56%. And the median was 3.68%.

DTE Energy Co's Dividends per Share for the months ended in Dec. 2023 was $1.02.

During the past 12 months, DTE Energy Co's average Dividends Per Share Growth Rate was 7.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of DTE Energy Co was 58.70% per year. The lowest was -2.10% per year. And the median was 3.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

DTE Energy Co Dividend Payout Ratio Historical Data

The historical data trend for DTE Energy Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DTE Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.88

0.85

0.76

0.66

0.57

DTE Energy Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.69	0.45	1.03	0.63	0.46

Competitive Comparison

For the Utilities - Regulated Electric subindustry, DTE Energy Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DTE Energy Co Dividend Payout Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, DTE Energy Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where DTE Energy Co's Dividend Payout Ratio falls into.

DTE Energy Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

DTE Energy Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	3.878	/	6.756
	=	0.57

DTE Energy Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	1.02	/	2.21
	=	0.46

DTE Energy Co (NYSE:DTE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

DTE Energy Co Dividend Payout Ratio Related Terms

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DTE Energy Co (DTE Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » DTE Energy Co (NYSE:DTE) » Definitions » Dividend Payout Ratio

Comparable Companies

ETR FE ES WEC PPL AEE EIX CNP CMS XEL NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

DGY:Germany DGY:Germany

Address

One Energy Plaza, Detroit, MI, USA, 48226-1279

Website

https://www.dteenergy.com

DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.

Executives

Joann Chavez	officer: Sr VP & Chief Legal Officer	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Deborah L Byers	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Lisa A. Muschong	officer: Corporate Secretary	ONE ENERGY PLAZA, DETROIT MI 48226
Tracy J Myrick	officer: Chief Accounting Officer	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Robert A. Richard	officer: Executive Vice President	ONE ENERGY PLAZA, DETROIT MI 48226
Joi M. Harris	officer: Pres. & COO - DTE Gas Company	ONE ENERGY PLAZA, DETROIT MI 48226
Trevor F Lauer	officer: President and COO-DTE Electric	ONE ENERGY PLAZA, DETROIT MI 48226
Gerard M Anderson	director, officer: Chairman and CEO	ONE ENERGY PLAZA, LEGAL DEPARTMENT, DETROIT MI 48226
David A Thomas	director	ONE ENERGY PLAZA, DETROIT MI 48226
Mark C. Rolling	officer: VP Controller & CAO	ONE ENERGY PLAZA, DETROIT MI 48226
David E Meador	officer: Vice Chairman and CAO	ONE ENERGY PLAZA, DETROIT MI 48226
Matthew T. Paul	officer: President & COO DTE Gas Co.	ONE ENERGY PLAZA, 1610 WCB, DETROIT MI 48226
Peter B Oleksiak	officer: Sr. Vice President and CFO	ONE ENERGY PLAZA, DETROIT MI 48226
Mark W Stiers	officer: President and COO - DTE Gas	ONE ENERGY PLAZA, DETROIT MI 48226
Gary Torgow	director	235 EAST MAIN STREET, MIDLAND MI 48640