DTE Energy Dividend yield

DTE Energy is part of Electricity business, which is part of Utilities industry. DTE Energy is a company from USA, and his stocks are publicly traded.

DTE Energy stock dividend

DTE Energy paid a total dividend of 785 million USD last year, for a market value of 21,296 millions (Market Cap 21,259 millions). DTE Energy dividend per share is 3.81 USD, and his stock market price 103.38 USD.

According to the chart below, where dividend yield is displayed, DTE Energy has a dividend yield of 3.69%, which is similar to the amount offered by both the market average and companies from USA. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare DTE Energy stocks dividend with other Electricity companies or other of the high USA dividend stocks list.

DTE Energy Dividend Payout

About the ability of DTE Energy to maintain his current dividend of USD 3.81 per share, an amount that accounts for 3.69%, we should study its payout ratio both on earnings and on cash-flows (see chart below). DTE Energy payout on ernings is currently 72.57%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that DTE Energy can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of DTE Energy is USD 9.57 per share, which is higher than the dividend per share paid by the company of USD 3.81, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of DTE Energy, compared againt world market average, USA companies, Utilities industry and Electricity sector companies.

DTE Energy Dividend History

Below you will find a table with the historical evolution of DTE Energy's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	3.69%	3.81	72.57%	206
2022	3.24%	3.81	81.76%	194
2021	2.96%	3.54	50.36%	194
2020	3.57%	4.33	71.33%	193
2019	3.12%	4.05	68.30%	192
2018	3.26%	3.60	52.86%	182
2017	3.22%	3.52	72.73%	179
2016	3.31%	3.08	76.05%	179
2015	3.63%	2.92	57.71%	179

*In millions

Then you can see the evolution of DTE Energy dividend stock, and compare it with the average of USA stocks and that of the Electricity stocks.

DTE Energy Stock performance

Finally, last moth DTE Energy showed a return of -9.60% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -20.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Electricity firms.