DTE Energy Company (NYSE:DTE) Updates On Dividend Release Date


On 2016-06-24, DTE Energy Company (NYSE:DTE) confirmed the dividend disbursement of $0.77 a share to shareholders as on record 2016-09-19. The firm will release dividend on 2016-10-15 while ex-dividend date is reported to be 2016-09-15.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, DTE Energy Company (NYSE:DTE) paid a total of $0.77 per share in dividends. This figure stood at $0.77 a share in the same period a year ago indicating a deviation of 5.5762%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $102.25 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $108 and $96, respectively.

Taking the mathematical rating formula, the price for DTE Energy Company (NYSE:DTE) stands at 2.33. Earnings Review DTE Energy Company (NYSE:DTE) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-28. For the period ending on 2016-09-30, experts are expecting EPS of $1.42.

Coming to the quarter ending on 2015-12-31, DTE Energy Company (NYSE:DTE) recorded EPS of $0.98. The reported numbers came lower than the analysts’ estimates of $0.9, demonstrating a miss of $0.08 as against reported figures.

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