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Company continues more than 100-year history of issuing cash dividend
Detroit, June 23, 2022 (GLOBE NEWSWIRE) -- DETROIT, June 23, 2022 (NYSE: DTE) — The DTE Energy Board of Directors declared a $0.885 per share dividend on its common stock payable Oct. 15, 2022 to shareholders of record at the close of business Sept. 19, 2022. This continues DTE Energy's consistent dividend history, having issued a cash dividend for more than 100 years.
“Our shareholders value DTE’s dividend and the role it plays in delivering consistent, above-average returns,” said Jerry Norcia, DTE Energy chairman, president and CEO. “DTE’s continued performance in this area demonstrates the company’s commitment to sound business practices that support 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 company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers in Michigan. The DTE portfolio also includes non-utility businesses focused on industrial energy services, renewable natural gas, and energy marketing and trading. As an environmental leader, DTE 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 aspire 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.
CONTACT: Pete Ternes DTE Energy 313.235.5555