DTE Energy Company ( DTE ) will begin trading ex-dividend on September 15, 2016. A cash dividend payment of $0.77 per share is scheduled to be paid on October 15, 2016. Shareholders who purchased DTE prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 5.48% increase over prior dividend payment. At the current stock price of $91.35, the dividend yield is 3.37%.
The previous trading day's last sale of DTE was $91.35, representing a -9.06% decrease from the 52 week high of $100.45 and a 21.35% increase over the 52 week low of $75.28.
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 $4.13. Zacks Investment Research reports DTE's forecasted earnings growth in 2016 as 4.91%, compared to an industry average of -.9%.
For more information on the declaration, record and payment dates, visit the DTE Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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 )
- WisdomTree Europe Quality Dividend Growth Fund ( EUDG )
- iShares Global Telecom ETF ( IXP )
- PowerShares DWA Utilities Momentum Portfolio ( PUI ).
The top-performing ETF of this group is PUI with an increase of 4.16% over the last 100 days. DXGE has the highest percent weighting of DTE at 5.48%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
