DTE Energy Company ( DTE ) will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.655 per share is scheduled to be paid on July 15, 2014. Shareholders who purchased DTE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that DTE has paid the same dividend. At the current stock price of $75.1, the dividend yield is 3.49%.
The previous trading day's last sale of DTE was $75.1, representing a -5.48% decrease from the 52 week high of $79.45 and a 18.49% increase over the 52 week low of $63.38.
DTE is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Resources, Inc. ( D ). DTE's current earnings per share, an indicator of a company's profitability, is $4.27. Zacks Investment Research reports DTE's forecasted earnings growth in 2014 as 8.25%, compared to an industry average of 1.3%.
Interested in gaining exposure to DTE through an Exchange Traded Fund [ETF]?
The following ETF(s) have DTE as a top-10 holding:
- iShares MSCI ACWI ex US Telecommunication Services Sector Inde (AXTE)
- iShares MSCI Germany Index Fund ( EWG )
- iShares Dow Jones Select Dividend Index Fund ( DVY ).
The top-performing ETF of this group is AXTE with an increase of 11.58% over the last 100 days. It also has the highest percent weighting of DTE at 4.7%.