Current Yield
3.05%
TTM Dividend/Share
$4.58
Payment Frequency
Quarterly
Payout Ratio
75.0%
Consecutive Growth Years
17 (Dividend Contender)
Key takeaways
- Dividend Contender — DTE Energy (DTE) has raised its dividend for 17 consecutive years.
- DTE Energy (DTE) currently yields 3.05%, paying $4.58 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 75.0% — the share of earnings distributed as dividends.
- 3 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 4.79%.
Dividend yield valuation for DTE Energy (DTE)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Near average — fair value |
Current yield (now) | 3.05% |
1-year average yield | 3.26%now 0.21 pp below |
3-year average yield | 3.27%now 0.22 pp below |
5-year average yield | 3.25%now 0.20 pp below |
DTE: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for DTE Energy (DTE)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 7.8% |
FCF payout ratio | 147.6% |
Net debt / EBITDA | 6.2x |
Interest coverage | 1.85x |
ROIC (TTM) | 6.1% |
Dividend safety score for DTE Energy (DTE)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
3 of 8 checks passed
Payout ratio below 75%
Payout ratio is 75.0%, above the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $-2.4B — FCF does not fully cover the payout.
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
17 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 147.6%, above the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 6.2x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (4.8%) ≤ EPS growth (63.8%) — sustainable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
228 payments from 1970 to 2026 · Adj. Dividend is split-adjusted
| Sep 21, 2026 | Oct 15, 2026 | $1.1650 | $1.1650 |
| Jun 22, 2026 | Jul 15, 2026 | $1.1650 | $1.1650 |
| Mar 16, 2026 | Apr 15, 2026 | $1.1650 | $1.1650 |
| Dec 15, 2025 | Jan 15, 2026 | $1.1650 | $1.1650 |
| Sep 15, 2025 | Oct 15, 2025 | $1.0900 | $1.0900 |
| Jun 16, 2025 | Jul 15, 2025 | $1.0900 | $1.0900 |
| Mar 17, 2025 | Apr 15, 2025 | $1.0900 | $1.0900 |
| Dec 16, 2024 | Jan 15, 2025 | $1.0900 | $1.0900 |
| Sep 16, 2024 | Oct 15, 2024 | $1.0200 | $1.0200 |
| Jun 17, 2024 | Jul 15, 2024 | $1.0200 | $1.0200 |
| Mar 15, 2024 | Apr 15, 2024 | $1.0200 | $1.0200 |
| Dec 15, 2023 | Jan 15, 2024 | $1.0200 | $1.0200 |
- Sep 21, 2026$1.1650
- Jun 22, 2026$1.1650
- Mar 16, 2026$1.1650
- Dec 15, 2025$1.1650
- Sep 15, 2025$1.0900
- Jun 16, 2025$1.0900
- Mar 17, 2025$1.0900
- Dec 16, 2024$1.0900
- Sep 16, 2024$1.0200
- Jun 17, 2024$1.0200
- Mar 15, 2024$1.0200
- Dec 15, 2023$1.0200
Historical dividend yield for DTE Energy (DTE)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 3.26%5Y: 3.25%10Y: 3.42%
Dividend per share for DTE Energy (DTE)
CAGR (per year)1Y: 6.87%5Y: 4.79%10Y: 6.26%→ Stable
| Year | Total ($/share) | Payments |
|---|---|---|
| 1970 | $1.19 | 4 |
| 1971 | $1.19 | 4 |
| 1972 | $1.19 | 4 |
| 1973 | $1.24 | 4 |
| 1974 | $1.24 | 4 |
| 1975 | $1.23 | 4 |
| 1976 | $1.23 | 4 |
| 1977 | $1.25 | 4 |
| 1978 | $1.29 | 4 |
| 1979 | $1.36 | 4 |
| 1980 | $1.36 | 4 |
| 1981 | $1.40 | 4 |
| 1982 | $1.43 | 4 |
| 1983 | $1.79 | 5 |
| 1984 | $1.43 | 4 |
| 1985 | $1.43 | 4 |
| 1986 | $1.43 | 4 |
| 1987 | $1.43 | 4 |
| 1988 | $1.74 | 4 |
| 1989 | $1.43 | 4 |
| 1990 | $1.51 | 4 |
| 1991 | $1.60 | 4 |
| 1992 | $1.69 | 4 |
| 1993 | $1.75 | 4 |
| 1994 | $1.75 | 4 |
| 1995 | $1.75 | 4 |
| 1996 | $1.75 | 4 |
| 1997 | $1.75 | 4 |
| 1998 | $1.75 | 4 |
| 1999 | $1.75 | 4 |
| 2000 | $1.75 | 4 |
| 2001 | $1.75 | 4 |
| 2002 | $1.75 | 4 |
| 2003 | $1.75 | 4 |
| 2004 | $1.75 | 4 |
| 2005 | $1.75 | 4 |
| 2006 | $1.77 | 4 |
| 2007 | $1.80 | 4 |
| 2008 | $1.80 | 4 |
| 2009 | $1.80 | 4 |
| 2010 | $1.86 | 4 |
| 2011 | $1.98 | 4 |
| 2012 | $2.06 | 4 |
| 2013 | $2.20 | 4 |
| 2014 | $2.29 | 4 |
| 2015 | $2.42 | 4 |
| 2016 | $2.60 | 4 |
| 2017 | $2.86 | 4 |
| 2018 | $3.06 | 4 |
| 2019 | $3.27 | 4 |
| 2020 | $3.51 | 4 |
| 2021 | $3.56 | 4 |
| 2022 | $3.61 | 4 |
| 2023 | $3.88 | 4 |
| 2024 | $4.15 | 4 |
| 2025 | $4.43 | 4 |
| 2026 | $3.50 | 3 |
Dividend growth for DTE Energy (DTE)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $4.4350 | — | — |
| 2025 | $4.1500 | $4.4350 | +6.9% |
| 2024 | $3.8775 | $4.1500 | +7.0% |
| 2023 | $3.6075 | $3.8775 | +7.5% |
| 2022 | $3.5568 | $3.6075 | +1.4% |
| 2021 | $3.5098 | $3.5568 | +1.3% |
| 2020 | $3.2749 | $3.5098 | +7.2% |
| 2019 | $3.0587 | $3.2749 | +7.1% |
| 2018 | $2.8579 | $3.0587 | +7.0% |
| 2017 | $2.6000 | $2.8579 | +9.9% |
| 2016 | $2.4170 | $2.6000 | +7.6% |
| 2015 | $2.2894 | $2.4170 | +5.6% |
| 2014 | $2.2000 | $2.2894 | +4.1% |
| 2013 | $2.0562 | $2.2000 | +7.0% |
| 2012 | $1.9779 | $2.0562 | +4.0% |
| 2011 | $1.8553 | $1.9779 | +6.6% |
| 2010 | $1.8042 | $1.8553 | +2.8% |
| 2009 | $1.8042 | $1.8042 | 0.0% |
| 2008 | $1.8042 | $1.8042 | 0.0% |
| 2007 | $1.7660 | $1.8042 | +2.2% |
| 2006 | $1.7532 | $1.7660 | +0.7% |
| 2005 | $1.7532 | $1.7532 | 0.0% |
| 2004 | $1.7532 | $1.7532 | 0.0% |
| 2003 | $1.7532 | $1.7532 | 0.0% |
| 2002 | $1.7532 | $1.7532 | 0.0% |
| 2001 | $1.7532 | $1.7532 | 0.0% |
| 2000 | $1.7540 | $1.7532 | -0.0% |
| 1999 | $1.7532 | $1.7540 | +0.0% |
| 1998 | $1.7532 | $1.7532 | 0.0% |
| 1997 | $1.7532 | $1.7532 | 0.0% |
| 1996 | $1.7532 | $1.7532 | 0.0% |
| 1995 | $1.7532 | $1.7532 | 0.0% |
| 1994 | $1.7532 | $1.7532 | 0.0% |
| 1993 | $1.6851 | $1.7532 | +4.0% |
| 1992 | $1.6000 | $1.6851 | +5.3% |
| 1991 | $1.5149 | $1.6000 | +5.6% |
| 1990 | $1.4298 | $1.5149 | +6.0% |
| 1989 | $1.7379 | $1.4298 | -17.7% |
| 1988 | $1.4298 | $1.7379 | +21.5% |
| 1987 | $1.4298 | $1.4298 | 0.0% |
| 1986 | $1.4298 | $1.4298 | 0.0% |
| 1985 | $1.4298 | $1.4298 | 0.0% |
| 1984 | $1.7873 | $1.4298 | -20.0% |
| 1983 | $1.4298 | $1.7873 | +25.0% |
| 1982 | $1.3958 | $1.4298 | +2.4% |
| 1981 | $1.3617 | $1.3958 | +2.5% |
| 1980 | $1.3617 | $1.3617 | 0.0% |
| 1979 | $1.2936 | $1.3617 | +5.3% |
| 1978 | $1.2477 | $1.2936 | +3.7% |
| 1977 | $1.2324 | $1.2477 | +1.2% |
| 1976 | $1.2341 | $1.2324 | -0.1% |
| 1975 | $1.2358 | $1.2341 | -0.1% |
| 1974 | $1.2358 | $1.2358 | 0.0% |
| 1973 | $1.1915 | $1.2358 | +3.7% |
| 1972 | $1.1915 | $1.1915 | 0.0% |
| 1971 | $1.1915 | $1.1915 | 0.0% |
| 1970 | — | $1.1915 | — |
- 2026—
- 2025$4.4350
- 2024$4.1500
- 2023$3.8775
- 2022$3.6075
- 2021$3.5568
- 2020$3.5098
- 2019$3.2749
- 2018$3.0587
- 2017$2.8579
- 2016$2.6000
- 2015$2.4170
- 2014$2.2894
- 2013$2.2000
- 2012$2.0562
- 2011$1.9779
- 2010$1.8553
- 2009$1.8042
- 2008$1.8042
- 2007$1.8042
- 2006$1.7660
- 2005$1.7532
- 2004$1.7532
- 2003$1.7532
- 2002$1.7532
- 2001$1.7532
- 2000$1.7532
- 1999$1.7540
- 1998$1.7532
- 1997$1.7532
- 1996$1.7532
- 1995$1.7532
- 1994$1.7532
- 1993$1.7532
- 1992$1.6851
- 1991$1.6000
- 1990$1.5149
- 1989$1.4298
- 1988$1.7379
- 1987$1.4298
- 1986$1.4298
- 1985$1.4298
- 1984$1.4298
- 1983$1.7873
- 1982$1.4298
- 1981$1.3958
- 1980$1.3617
- 1979$1.3617
- 1978$1.2936
- 1977$1.2477
- 1976$1.2324
- 1975$1.2341
- 1974$1.2358
- 1973$1.2358
- 1972$1.1915
- 1971$1.1915
- 1970$1.1915
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
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