DTE Energy Company (NYSE:DTE) Updates On Quarterly Dividend


As per DTE Energy Company (NYSE:DTE) statement on 2016-06-24, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.77 per share as dividend to stakeholders. The record date is set as 2016-09-19, the payout date as 2016-10-15 and the ex-dividend date is 2016-09-15.

Last fiscal DTE Energy Company (NYSE:DTE) disbursed cash dividend of $0.77. A year ago, the payout was $0.77, which indicates a difference of 5.5762%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.77, implying 5.432% growth.

For the period ended on 2015-12-31, DTE Energy Company (NYSE:DTE)’s earnings came at $0.98 per share compared to EPS of $1.4 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-28. For this quarter, the analysts have earnings estimate of $1.42 per share.

The interim price target for DTE Energy Company (NYSE:DTE) is set at $102.25. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for DTE Energy Company (NYSE:DTE) is seen at $108 and the lowest level is established at $96. This broad range highlights a standard deviation of $5.315 in reported estimates.

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