DTE Energy Company ( DTE ) will begin trading ex-dividend on December 17, 2015. A cash dividend payment of $0.73 per share is scheduled to be paid on January 15, 2016. Shareholders who purchased DTE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.8% increase over the same period a year ago. At the current stock price of $79.12, the dividend yield is 3.69%.
The previous trading day's last sale of DTE was $79.12, representing a -14.25% decrease from the 52 week high of $92.27 and a 8.04% increase over the 52 week low of $73.23.
DTE is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Southern Company ( SO ). DTE's current earnings per share, an indicator of a company's profitability, is $5.29. Zacks Investment Research reports DTE's forecasted earnings growth in 2015 as 4.46%, compared to an industry average of 2%.
Interested in gaining exposure to DTE through an Exchange Traded Fund [ETF]?
The following ETF(s) have DTE as a top-10 holding:
- WisdomTree Germany Hedged Equity Fund ( DXGE )
- iShares MSCI Germany Index Fund ( EWG )
- iShares Global Telecom ETF ( IXP )
- Guggenheim Mid-Cap Core ETF ( CZA )
- PowerShares S&P International Developed High Beta Portfolio Ex ( IDHB ).
The top-performing ETF of this group is IXP with an decrease of -6% over the last 100 days. DXGE has the highest percent weighting of DTE at 6.45%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.