DTE Energy (DTE) Dividend

DTE Energy Company · Utilities · Utilities - Regulated Electric · quarterly payer

$135.08

As of Nov 8, 2026, DTE Energy (DTE) pays a quarterly dividend of $1.1650 per share, or $4.66 a year, a 3.45% yield at its $135.08 share price. The next ex-dividend date is Dec 21, 2026, paid Jan 15, 2027. It has raised its dividend 16 years in a row and has a dividend safety grade of A.

Forward Yield

3.45%

Annual Dividend

$4.66

Payout Ratio

71%

5-Yr Growth

4.8%

Ex-Date

Dec 21, 2026

Frequency

Quarterly

Key facts about DTE's dividend

Data as of Nov 8, 2026 · Source: SmarterDividends data

As of Nov 8, 2026, DTE Energy Company (DTE) has a forward dividend yield of 3.45%, based on an annual dividend of $4.66 per share and a share price of $135.08.
As of Nov 8, 2026, DTE's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, DTE Energy Company (DTE) has raised its dividend for 16 consecutive years as of Nov 8, 2026.
DTE has never cut its regular dividend in the payment history SmarterDividends has on record.
DTE's next ex-dividend date is Dec 21, 2026, with payment on Jan 15, 2027. Shares must be owned before that date to receive the dividend.
As of Nov 8, 2026, DTE pays out 71% of its trailing 12-month earnings as dividends (its payout ratio).
DTE's dividend has grown at an average rate of 4.8% a year over the past five years.
As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for DTE is $113.82 per share, 16% below the $135.08 share price, so DTE screens as overvalued.
DTE Energy Company (DTE) pays its dividend quarterly, 4 times a year.
DTE Energy Company (DTE) has raised its regular dividend 27 times and cut it 1 time across the 228 payments on record since 1970. Its most recent change was a 6.9% increase to $1.17 per share, going ex-dividend on Dec 15, 2025. The last cut went ex-dividend on Sep 17, 2021.
DTE Energy (DTE) has declared its first higher dividend of the year in December in 3 of the last 5 years; its most recent raise, 6.9%, was declared on Dec 2, 2025.

Cite this page

SmarterDividends, "DTE Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/DTE

Is DTE a good dividend stock?

Yes

DTE Energy Company (DTE) pays a quarterly dividend yielding 3.45% ($4.66/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

16 consecutive years of dividend growth
Never cut its dividend on record
Top-tier dividend safety score

Risks

Single-stock concentration risk — diversify

Key Data

Dividend Yield: 3.45%
Payout Ratio: 71%
Annual Dividend: $4.66
5-Yr Avg Growth: 4.8%
Ex-Dividend Date: Dec 21, 2026
Years of Growth: 16
Frequency: quarterly
Beta: 0.35
Market Cap: $28.1B
P/E Ratio: 20.6
5-Yr Total Return: 25%
52-Week Range: $119.68 – $155.75
Dividend Safety: A · 85/100
Ever Cut?: No

DTE dividend raises and cuts

DTE Energy Company (DTE) has raised its regular dividend 27 times and cut it 1 time across the 228 payments on record since 1970. Its most recent change was a 6.9% increase to $1.17 per share, going ex-dividend on Dec 15, 2025. The last cut went ex-dividend on Sep 17, 2021.

Ex-date	Change	Old → new	Move
Dec 15, 2025	Raise	$1.09 → $1.17	+6.9%
Dec 16, 2024	Raise	$1.02 → $1.09	+6.9%
Dec 15, 2023	Raise	$0.953 → $1.02	+7.0%
Dec 16, 2022	Raise	$0.885 → $0.953	+7.7%
Dec 17, 2021	Raise	$0.825 → $0.885	+7.3%
Sep 17, 2021	Cut	$0.923 → $0.825	−10.7%
Dec 18, 2020	Raise	$0.862 → $0.923	+7.1%
Dec 13, 2019	Raise	$0.804 → $0.862	+7.2%
Dec 14, 2018	Raise	$0.751 → $0.804	+7.0%
Dec 15, 2017	Raise	$0.702 → $0.751	+7.0%
Dec 15, 2016	Raise	$0.655 → $0.702	+7.1%
Sep 15, 2016	Raise	$0.621 → $0.655	+5.5%

Show all 28 changes since 1973

Ex-date	Change	Old → new	Move
Sep 17, 2015	Raise	$0.587 → $0.621	+5.8%
Sep 11, 2014	Raise	$0.557 → $0.587	+5.3%
Jun 13, 2013	Raise	$0.528 → $0.557	+5.6%
Sep 13, 2012	Raise	$0.500 → $0.528	+5.4%
Jun 16, 2011	Raise	$0.477 → $0.500	+5.0%
Sep 16, 2010	Raise	$0.451 → $0.477	+5.7%
Dec 14, 2006	Raise	$0.438 → $0.451	+2.9%
Jun 17, 1999	Raise	$0.438 → $0.439	+0.2%
Mar 12, 1993	Raise	$0.421 → $0.438	+4.0%
Mar 13, 1992	Raise	$0.400 → $0.421	+5.3%
Mar 13, 1991	Raise	$0.379 → $0.400	+5.6%
Mar 9, 1990	Raise	$0.357 → $0.379	+6.0%
Sep 18, 1981	Raise	$0.340 → $0.357	+5.0%
Mar 14, 1979	Raise	$0.323 → $0.340	+5.3%
Dec 12, 1977	Raise	$0.308 → $0.323	+5.0%
Mar 23, 1973	Raise	$0.298 → $0.309	+3.7%

Every DTE payment →Download every raise and cut (CSV)

DTE ex-dividend date & scheduleNext ex-date Dec 21, 2026 · full ex-dividend historyView →DTE dividend historyEvery payment, totals by year, raises and cutsView →DTE dividend calculator100 shares pay $466.00 a year, $116.50 each quarterCalculate →DTE total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is DTE a good dividend stock?

Yes. DTE Energy Company (DTE) pays a quarterly dividend yielding 3.45% ($4.66/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is DTE undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DTE's fair value is about $113.82 versus a $135.08 share price — so it looks overvalued (-16% vs. fair value).

Is DTE's dividend safe?

DTE has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is DTE's fair value?

Our blended fair-value estimate for DTE is about $113.82 per share, about 16% below the current $135.08 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is DTE a buy, hold, or sell?

We don't issue formal ratings, but on the data DTE screens as "yes" and overvalued. DTE Energy Company (DTE) pays a quarterly dividend yielding 3.45% ($4.66/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will DTE cut its dividend?

DTE earns a dividend-safety grade of A (85/100), 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 DTE pay a dividend?

Yes. DTE Energy Company pays a quarterly dividend of about $4.66 per share annually, a forward yield of roughly 3.45%.

How much dividend does 100 shares of DTE pay?

At $4.66 per share a year, 100 shares of DTE pay $466.00 a year in dividends before tax, about $116.50 each quarter. Buying them costs about $13,508 at the Nov 8, 2026 price.

What is DTE's dividend yield?

As of Nov 8, 2026, DTE's forward dividend yield is 3.45%, based on a $4.66 annual dividend and a $135.08 share price.

What is DTE's dividend per share?

As of Nov 8, 2026, DTE pays $4.66 per share per year, distributed on a quarterly basis.

What is DTE's dividend payout ratio?

As of Nov 8, 2026, DTE's payout ratio is 71% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has DTE grown its dividend?

As of Nov 8, 2026, DTE has increased its dividend for 16 consecutive years.

When is the next DTE ex-dividend date?

As of Nov 8, 2026, the next ex-dividend date on record for DTE is Dec 21, 2026.

Dividend Growth

Total dividends per share by year

Dividend History

Full DTE dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 21, 2026	Oct 15, 2026	$1.1650	regular
Jun 22, 2026	Jul 15, 2026	$1.1650	regular
Mar 16, 2026	Apr 15, 2026	$1.1650	regular
Dec 15, 2025	Jan 15, 2026	$1.1650	regular
Sep 15, 2025	Oct 15, 2025	$1.0900	regular
Jun 16, 2025	Jul 15, 2025	$1.0900	regular
Mar 17, 2025	Apr 15, 2025	$1.0900	regular
Dec 16, 2024	Jan 15, 2025	$1.0900	regular
Sep 16, 2024	Oct 15, 2024	$1.0200	regular
Jun 17, 2024	Jul 15, 2024	$1.0200	regular
Mar 15, 2024	Apr 15, 2024	$1.0200	regular
Dec 15, 2023	Jan 15, 2024	$1.0200	regular
Sep 15, 2023	Oct 15, 2023	$0.9530	regular
Jun 15, 2023	Jul 15, 2023	$0.9530	regular

DTE Dividend News

IncreaseDTE·Nov 5, 2026

DTE Energy Raises Dividend 6.9% to $1.245 Quarterly

DTE Energy raised its quarterly payout 6.9% to $1.245 as it shifts capital toward regulated utilities and extends its dividend-growth streak to 16 years.