Is DTE Energy Company a good dividend stock?

DTE Energy Company (DTE) is a dividend-paying stock with a current dividend yield of 2.98%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is DTE's dividend yield?

The dividend yield for DTE stock is currently 2.98%.

How much does DTE pay in dividends per year?

DTE Energy Company pays an annual dividend of $4.5850 per share over the trailing twelve months.

How often does DTE pay dividends?

DTE stock pays dividends quarterly.

Is DTE's dividend growing?

DTE Energy Company's 3-year dividend CAGR is 7.07%.

DTE Stock Price, Chart, Stats & News

DTE Energy Company

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Overview Dividend safety Dividends Fundamentals

DTE Energy Company (DTE) is a dividend-paying stock with a current dividend yield of 2.98% as of Jun 29, 2026. It pays $4.59 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 4.78% 5-year compound annual rate.

32.04B

Market cap

21.36x

Current P/E

20.16x

Forward P/E

2.98%

Dividend yield

$4.59

DTE dividend

Dividend safety

Moderate

Dividend coverage is moderate for DTE — it pays out about 64% of earnings.

See the safety analysis

DTE chart

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Fundamentals

Gross margin	37.57%
Operating margin	14.39%
Pretax margin	9.92%
Net margin	9.36%
Effective tax rate	5.68%
ROA	2.70%
ROE	12.16%
D/E	2.16x
Interest coverage ratio	2.13x

All financials

DTE valuation

P/E	21.36x
P/S	1.92x
P/B	2.43x
P/CF	8.73x
P/FCF	-29.96x
P/OCF	8.73x
PEG	3.50x
EV multiple	0.87x

About

DTE Energy Company, established in 1903 and based in Detroit, Michigan, is primarily engaged in utility services. Its Electric division is responsible for generating, acquiring, delivering, and selling electricity to approximately 2.3 million customers—including households, businesses, and industrial clients—across southeastern Michigan. This power is sourced from diverse facilities, encompassing fossil fuel, pumped-storage hydroelectric, nuclear, wind, and other renewable energy assets.