Detroit
,
Jan. 30, 2020
(GLOBE NEWSWIRE) --
DETROIT
,
Jan. 30, 2020
(NYSE: DTE)
— The DTE Energy Board of Directors declared a $1.0125 per share dividend on its common stock payable April 15, 2020 to shareholders of record at the close of business March 16, 2020. This continues
DTE Energy's
consistent dividend history, having issued a cash dividend for more than 100 years.
"We know our shareholders place a high value on our dividend and the role it plays in delivering consistent above-average returns,” said
Jerry Norcia
,
DTE Energy
president and CEO. “We are confident that our 10,000 employees will continue to deliver for our shareholders while serving our customers and communities.”
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
Source:
DTE Energy