SmarterDividends
DTB

DTE Energy Company 2020 Series

DTB

Stock · quarterly payer

$14.76

Undervalued · +54% Add to Portfolio

Forward Yield

7.40%

Annual Dividend

$1.09

Payout Ratio

—

5-Yr Growth

—

Ex-Date

—

Frequency

Quarterly

Key facts about DTB's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, DTE Energy Company 2020 Series (DTB) has a forward dividend yield of 7.40%, based on an annual dividend of $1.09 per share and a share price of $14.76.
  • As of Oct 18, 2026, DTB's dividend safety grade from SmarterDividends is C (65 out of 100), which rates the dividend as borderline.
  • DTB has never cut its regular dividend in the payment history SmarterDividends has on record.
  • DTB's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.27 per share.
  • As of Oct 18, 2026, DTB's 7.40% yield is 45% above its five-year average yield of 5.10%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for DTB is $22.73 per share, 54% above the $14.76 share price, so DTB screens as undervalued.
  • DTE Energy Company 2020 Series (DTB) pays its dividend quarterly, 4 times a year.
  • DTE Energy Company 2020 Series (DTB) has raised its regular dividend 0 times and cut it 0 times across the 22 payments on record since 2021. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "DTB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/DTB

Summary

As of Oct 18, 2026, DTE Energy Company 2020 Series (DTB) yields 7.40% ($1.09 a year per share) and has a dividend safety grade of C (65/100).

Is DTB a good dividend stock?

Yes, with caveats

DTE Energy Company 2020 Series (DTB) pays a quarterly dividend yielding 7.40% ($1.09/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.40%
Payout Ratio
—
Annual Dividend
$1.09
5-Yr Avg Growth
—
Ex-Dividend Date
—
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
-41%
52-Week Range
$14.41 – $18.53
Dividend Safety
C · 65/100
Ever Cut?
No

DTB dividend raises and cuts

DTE Energy Company 2020 Series (DTB) has raised its regular dividend 0 times and cut it 0 times across the 22 payments on record since 2021. The regular dividend has not changed in that time.

Every DTB payment →Download every raise and cut (CSV)
DTB ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →DTB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is DTB a good dividend stock?

Yes, with caveats. DTE Energy Company 2020 Series (DTB) pays a quarterly dividend yielding 7.40% ($1.09/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is DTB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DTB's fair value is about $22.73 versus a $14.76 share price — so it looks undervalued (+54% vs. fair value).

Is DTB's dividend safe?

DTB has a dividend-safety grade of C (65/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is DTB's fair value?

Our blended fair-value estimate for DTB is about $22.73 per share, roughly 54% above the current $14.76 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is DTB a buy, hold, or sell?

We don't issue formal ratings, but on the data DTB screens as "yes, with caveats" and undervalued. DTE Energy Company 2020 Series (DTB) pays a quarterly dividend yielding 7.40% ($1.09/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will DTB cut its dividend?

DTB earns a dividend-safety grade of C (65/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does DTB pay a dividend?

Yes. DTE Energy Company 2020 Series pays a quarterly dividend of about $1.09 per share annually, a forward yield of roughly 7.40%.

What is DTB's dividend yield?

As of Oct 18, 2026, DTB's forward dividend yield is 7.40%, based on a $1.09 annual dividend and a $14.76 share price.

What is DTB's dividend per share?

As of Oct 18, 2026, DTB pays $1.09 per share per year, distributed on a quarterly basis.

How many years has DTB grown its dividend?

DTB does not currently have a long dividend-growth streak on record.

When is the next DTB ex-dividend date?

As of Oct 18, 2026, DTB's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.27 per share.

Income Calculator

At $1.09 / yr per share

Per payment (quarterly)$27.30
Annual$109.20
Monthly avg$9.10

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