DTE Energy Board of Directors declares quarterly dividend
The DTE Energy Board of Directors has declared a quarterly cash dividend of $1.02 per share on its common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
The DTE Energy Board of Directors has declared a quarterly cash dividend of $1.02 per share on its common stock. This dividend will be payable on October 15, 2024, to shareholders who are recorded by the close of business on September 16, 2024. This continues DTE Energy's long-standing tradition of paying cash dividends for over 100 years.
Positive
- Declaration of a quarterly dividend of $1.02 per share.
- Payment date set for October 15, 2024.
- Continuation of a more than 100-year history of issuing cash dividends.
Negative
- None.
Details
News Market Reaction – DTE
The recorded move for DTE in the trading session of this news was -0.19%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Company continues more than 100-year history of issuing cash dividend
Detroit, June 20, 2024 (GLOBE NEWSWIRE) -- (NYSE: DTE) — The DTE Energy Board of Directors declared a
About DTE Energy
DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers across Michigan. The DTE portfolio also includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. DTE has continued to accelerate its carbon reduction goals to meet aggressive targets and is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy, emission reductions and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, x.com/DTE_Energy and facebook.com/dteenergy.
For more information, members of the media may contact:
Dan Miner, DTE Energy: 313.235.5555
For further information, analysts may call:
Matthew Krupinski, DTE Energy, 313.235.6649
John Dermody, DTE Energy, 313.235.8750
FAQ
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