DTE Energy Company ( DTE ) will begin trading ex-dividend on September 15, 2017. A cash dividend payment of $0.825 per share is scheduled to be paid on October 15, 2017. Shareholders who purchased DTE prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that DTE has paid the same dividend. At the current stock price of $110.23, the dividend yield is 2.99%.
The previous trading day’s last sale of DTE was $110.23, representing a -3.06% decrease from the 52 week high of $113.71 and a 22.94% increase over the 52 week low of $89.66.
DTE is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Energy, Inc. ( D ). DTE’s current earnings per share, an indicator of a company’s profitability, is $5.83. Zacks Investment Research reports DTE’s forecasted earnings growth in 2017 as 2.58%, compared to an industry average of 4.3%.
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:
- iShares Global Telecom ETF ( IXP )
- iShares MSCI Germany Index Fund ( EWG )
- PowerShares DWA Utilities Momentum Portfolio ( PUI )
- iShares Morningstar Mid-Cap ETF ( JKI )
- Guggenheim Mid-Cap Core ETF ( CZA ).
The top-performing ETF of this group is EWG with an increase of 12.49% over the last 100 days. IXP has the highest percent weighting of DTE at 4.71%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.