DTE Energy Board of Directors declares quarterly dividend

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.

News Market Reaction – DTE

-0.19%

-0.19% Session move

In the trading session that priced this news, DTE declined 0.19%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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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 $1.02 per share dividend on its common stock payable Oct. 15, 2024, to shareholders of record at the close of business Sept. 16, 2024. 

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

What is the dividend amount declared by DTE Energy in June 2024?

DTE Energy declared a quarterly dividend of $1.02 per share in June 2024.

When is DTE Energy's dividend payable date for the declared dividend in 2024?

The dividend is payable on October 15, 2024.

What is the record date for DTE Energy's dividend announced in June 2024?

The record date for the dividend is September 16, 2024.

How long has DTE Energy been issuing cash dividends?

DTE Energy has a history of issuing cash dividends for over 100 years.