DTE Energy issues dividend
May 07 2020 - 3:49PM
DETROIT, May 7, 2020 (NYSE: DTE) — The DTE Energy Board of
Directors declared a $1.0125 per share dividend on its
common stock payable July 15, 2020 to shareholders of record
at the close of business June 15, 2020. This continues DTE
Energy's consistent dividend history, having issued a cash dividend
for more than 100 years.
"We recognize the value of our long history of dividend and the
role it plays in delivering above-average shareholder returns,”
said Jerry Norcia, DTE Energy president and CEO.
"DTE's continued performance in this
area brings support to 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 2.2 million customers
in Southeast Michigan and a natural gas company serving
1.3 million customers in Michigan. The DTE portfolio includes
energy businesses focused on power and industrial projects;
renewable natural gas; natural gas pipelines, gathering and
storage; and energy marketing and trading. As an environmental
leader, DTE utility operations will reduce carbon dioxide and
methane emissions by more than 80 percent by 2040 to produce
cleaner energy while keeping it safe, reliable and affordable. DTE
Electric aspires to achieve net zero carbon 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.
Pete Ternes
DTE Energy
313.235.5555
DTE Energy (NYSE:DTE)
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