DTE Energy Issues Dividend

Source: www.gulfoilandgas.com 11/10/2022, Location: North America

The DTE Energy Board of Directors declared a $0.9525 per share dividend on its common stock payable Jan. 15, 2023, to shareholders of record at the close of business Dec. 19, 2022.

This follows a quarter of infrastructure improvements designed to increase reliability for customers. This past week, DTE also proposed a transformational investment in Michigan-made renewable energy that would invest $9 billion into Michigan’s economy over the next 10 years, supporting 25,000 jobs, while also reducing the cost of the clean energy transition by a projected $1.4 billion. DTE Electric has reduced carbon emissions 30% since 2005 and has filed accelerated plans to now achieve a 50% reduction by 2028, with targets to achieve 90% by 2040 and net zero by 2050.


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