DTE Energy issues quarterly dividend
Detroit, 03 Feb. 2022 (GLOBE NEWSWIRE) — DETROIT, Feb. 3. 2022 (NYSE: DTE) — DTE Energy’s board of directors has declared a dividend of $0.885 per share on its common stock payable April 15, 2022 to record shareholders at the close of business on March 21, 2022. This continues the Energy’s consistent dividend history, having issued a quarterly cash dividend for over 100 years.
“We recognize the value of our long tradition of paying quarterly dividends and the role they play in generating above-average returns for shareholders,” said Jerry Norcia, President and CEO of DTE Energy. “Our shareholders include retirees, customers and employees — our dividend is one of the many ways we give back to these communities and all of our stakeholders.”
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 utility serving 2.3 million customers in southeast Michigan and a natural gas utility serving 1.3 million customers in Michigan. DTE’s portfolio also includes non-utility businesses focused on industrial energy services, renewable natural gas, and energy marketing and trading. As an environmental leader, DTE’s utility operations will reduce carbon dioxide and methane emissions by more than 80% by 2040 to produce cleaner energy while keeping it safe, reliable and affordable. DTE Electric and Gas aspires to achieve net zero carbon and greenhouse gas emissions by 2050. DTE is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, twitter.com/dte_energy and facebook.com/dteenergy.