Detroit, MI, United States
Detroit, MI, United States

DTE Energy Co. is a Detroit, Michigan-based utility incorporated in 1995 involved in the development and management of energy-related businesses and services nationwide.DTE Energy's largest operating subsidiaries are DTE Energy Electric Company , an investor-owned electric utility serving 2.1 million customers in Southeastern Michigan; and DTE Gas Company ), a natural gas utility serving 1.2 million customers in Michigan.The name "DTE" is taken from the stock symbol for the former Detroit Edison, DTE. Wikipedia.

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News Article | July 12, 2017
Site: www.prnewswire.com

Investors, the news media and the public may listen to a live internet broadcast of the call at www.dteenergy.com/investors. The telephone dial-in numbers are U.S. and Canada toll free: (888) 505-4377 or international toll: (719) 325-2390. The passcode is 9327084. The webcast will be archived on the DTE Energy website at www.dteenergy.com/investors. DTE Energy 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 utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com/dteenergy.


News Article | July 11, 2017
Site: www.prnewswire.com

Cole most recently led DTE's Wayne County Regional Relations team, where he served as the primary contact between DTE and local municipalities – including the City of Detroit  ̶  and community partners. Cole replaces Jim Padgett, who will retire in September after serving 20 years in a leadership role with DTE's regulatory and government affairs organizations. "Rodney's strong leadership abilities will be crucial as DTE continues to engage in the implementation of the 2016 energy policy legislation and works to develop new generation to meet our customers' needs," said Renze Hoeksema, vice president, Corporate and Government Affairs for DTE Energy. "Rodney's natural ability to build strong, authentic relationships and his experience leading change make him a perfect fit for this role, and I am excited to see the impact he'll have in Lansing." Cole received his bachelor's and master's degrees from Michigan State University, and soon after served as an HR consultant with Capital H Group, providing client-focused recruiting services. Cole joined DTE Energy in 2006 working in Human Resources and supported the company's gas utility and non-regulated gas businesses, electric distribution operations and its Corporate Services and Information Technology areas. Cole serves on the boards of City Connect Detroit, Don Bosco Hall, Black Caucus Foundation of Michigan, Booker T. Washington Business Association, Teen Hype and the Wayne State University Press Board of Visitors. Cole's replacement will be named at a later date. 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 utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading.  As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com/dteenergy.


News Article | May 25, 2017
Site: www.prnewswire.com

The RNG produced at the Fort Bend project is derived from landfill gas which is then ultimately processed to pipeline-quality standards.  This low-carbon fuel is extremely versatile and fully compatible with the U.S. natural gas infrastructure. Today RNG is primarily used to power compressed natural gas and liquefied natural gas vehicles, offsetting the use of fossil-based fuel.  The purchase is consistent with DTE's recently announced, broad sustainability initiative to help address climate change. "These landfill gas-to-energy projects support our continued commitment to renewable energy and growing interest in supplying the renewable vehicle fuels market," said DTE Biomass President Mark Cousino.  "We see an increasing demand for natural gas powered vehicles - and RNG production provides a clean, sustainable fuel source with the benefit of reduced emissions over standard fuel." Constructed in 2013, the Fort Bend facility generates enough RNG to supply fuel for 560 diesel transit buses annually.  Later this year, DTE will increase the output of the project by expanding the plant's capacity to generate enough RNG to fuel over 1,000 diesel transit buses. Forecast to reach commercial operations in the fourth quarter of this year, the Seabreeze facility is expected to produce a similar volume. The plants' economic and environmental benefits are significant.  The projects reduce greenhouse gas by collecting and destroying landfill gas which, according to the EPA, is 25 times more harmful to the environment than carbon dioxide.  It also creates jobs and delivers a proven and cost-effective renewable energy source. DTE Biomass Energy, an Ann Arbor, Michigan based subsidiary of DTE Energy, is a national leader in the landfill gas industry, with a diverse operating portfolio of 21 projects spanning eight states. 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 utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dte-biomass-acquires-renewable-natural-gas-facilities-300463950.html


News Article | May 24, 2017
Site: www.prnewswire.com

Energy prices for DTE's industrial customers are declining approximately 3 percent, and are going down about 1.5 percent for commercial customers, effective June 1. DTE also provides customers information to ensure their homes are energy efficient. Tips to beat the summer heat include: For more tips, visit dteenergy.com/summer. For more details on how to read your energy bill, visit dteenergy.com/newbill. 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 utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading.  As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com/dteenergy. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dte-energy-passes-along-savings-to-customers-just-in-time-for-summer-300463158.html


Detroit, Michigan-based DTE Energy Co.'s stock finished Tuesday's session 0.31% higher at $107.37 with a total trading volume of 805,424 shares. The Company's shares have advanced 2.80% in the past month, 8.14% over the previous three months, and 8.99% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.86% and 9.89%, respectively. Furthermore, shares of DTE Energy, which engages in the utility operations, have a Relative Strength Index (RSI) of 70.18. On May 16th, 2017, DTE Energy announced a broad sustainability initiative that will reduce the Company's carbon emissions by more than 80% by 2050. This reduction and 2050 timeframe align with the target scientists broadly have identified as necessary to help address climate change. Visit us today and access our complete research report on DTE at: Shares in Curitiba, Brazil headquartered Companhia Paranaense de Energia - COPEL ended at $8.34, up 3.60% from the last trading session. The stock recorded a trading volume of 956,047 shares, which was above its three months average volume of 586,320 shares. The Company's shares have gained 2.23% on an YTD basis. The stock is trading 11.35% below its 50-day moving average. Moreover, shares of COPEL, which engages in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers primarily in the State of Parana, Brazil, have an RSI of 42.92. On May 17th, 2017, COPEL announced that it has filed its annual Form 20-F for FY16 on April 27th, 2017 with the US SEC. The file can be accessed via the SEC's website or the Company's website. The complimentary report on ELP can be downloaded at: Santiago, Chile headquartered Enel Americas S.A.'s stock ended yesterday's session 1.61% lower at $9.15. A total volume of 1.37 million shares was traded, which was above their three months average volume of 975,130 shares. The Company's shares have advanced 11.45% on an YTD basis. The stock is trading 1.39% above its 200-day moving average. Additionally, shares of Enel Americas, which through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Argentina, Brazil, Colombia, and Peru, have an RSI of 31.46. On May 03rd, 2017, Enel Americas announced that its 2016 Annual Report on Form 20-F has been filed with the US SEC on April 28th, 2017. The document is available under the Investor Relations section of the Company's website, and can also be downloaded from the SEC's web page. Register for free on Stock-Callers.com and access the latest research report on ENIA at: On Tuesday, shares in Naju, South Korea headquartered Korea Electric Power Corp. recorded a trading volume of 538,996 shares. The stock finished 1.03% higher at $18.59. The Company's shares have advanced 0.60% since the start of this year. The stock is trading below its 50-day moving average by 5.77%. Furthermore, shares of Korea Electric Power, which generates, transmits, and distributes electricity in Korea and internationally, have an RSI of 40.60. On May 10th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'. On May 15th, 2017, Korea Electric Power announced that it filed its annual report, including audited financial statements, on Form 20-F for the year ended December 31st, 2016 with the US SEC on April 28th, 2017. The report is available under the Investor Relations - US Filing section of the Company's website. Get free access to your research report on KEP at: Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. 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"The name is fitting," said DTE Energy Chairman and CEO Gerry Anderson. "From the beginning, we envisioned this public space would shine light on the western edge of downtown Detroit, becoming a beacon for development, a beacon to bring more visitors and businesses to Detroit, and a beacon of continued progress for a city in the midst of revitalization. We're looking forward to seeing young and old, Detroiters and visitors alike, enjoy Beacon Park and all of the exciting activities and programming it will offer year-round." The 1.5-acre Beacon Park will feature a restaurant and a central lawn with intimate walking paths and areas to sit, relax and recharge; a multi-use space for outdoor programmed activities; a site for perfomances; and areas for food truck vendors and bicycle parking. Both the park's location and its distinctive amenities will help spur development in the area. Sited between the entertainment district – home of Little Caesar's Arena, Comerica Park and Ford Field – the Central Business District, Corktown, Motor City Casino and MGM Grand Casino, Beacon Park is centrally located within quick walking distance to many of Detroit's largest sports and entertainment venues. The park's immediate impact will be felt in the number of visitors each year. Through a grant from the DTE Energy Foundation, more than 600 events will be planned for Beacon Park in 2017 by the Downtown Detroit Partnership (DDP), which expects that the public space will attract one million visitors each year. Nearly 50 events are planned for Beacon Park's Grand Opening weekend, July 20-23. "Safe and vibrant gathering places are the social and economic heartbeat of a thriving core, and Beacon Park expands the energy of renewal permeating downtown," said DDP CEO Eric Larson.  "The Downtown Detroit Partnership is thrilled to partner with DTE Energy to add Beacon Park to the portfolio of the great public spaces we program, maintain and manage." DDP has scheduled a stellar lineup for the grand opening weekend. In addition to live music throughout the weekend, each day will feature special activities, including after-work parties on Thursday and Friday, a night market on Saturday featuring 25 unique boutiques and a gospel brunch followed by classical music on Sunday. Family activities, from inflatable games to a movie night, make the fun accessible for everyone. Grand Opening live entertainment includes indie sensation Lord Huron, American funk and soul band Robert Randolph & the Family Band as well as plena and bomba group Plena Libre. Impulse: An Interactive Art Exhibit will be on display at Beacon Park for the entire grand opening weekend. The work is comprised of giant illuminated seesaws that light up when ridden by visitors. Detroit is only the third city in the country to host the playful exhibit, which has primarily toured in Europe. According to the artists that created the exhibit, the seesaws are fitted with LED lights and speakers that produce a sequence of lights and sounds resulting in ever changing composition. Visit DTE Energy's blog, Empowering Michigan, for a full listing of the weekend activities. 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 utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dte-energy-beckons-visitors-to-downtown-detroit-with-a-public-space-filled-with-light-energy-and-motion---beacon-park-300475072.html


News Article | May 11, 2017
Site: www.prnewswire.com

Lighting accounts for more than 16 percent of electricity usage in small to medium sized commercial buildings, characterized as less than 100,000 square feet. More than 97 percent of all commercial buildings fall into this size category, making high cost of lighting usage a relevant issue for most building owners and tenants. This new collaborative program aims to reduce the energy footprint in these commercial buildings by accelerating the adoption of advanced lighting control systems. According to the Lighting Controls Association, coupling lighting with controls can generate as much as 38 percent energy cost savings. Commercial building owners, contractors and advanced lighting control technology providers will all benefit from the program. Building owners will gain exposure to lighting control solutions that will help them save money and reduce energy. The program will demonstrate lighting control solutions at 100 eligible sites and Consumers Energy and DTE Energy have designed incentives to support the integration costs of advanced lighting controls technologies. Energy savings tracked throughout the program will demonstrate how new lighting control systems benefit  building owners' and managers'  bottom line while reducing the environmental footprint of their buildings. The LiTES program is designed to train contractors about the latest networked lighting control solutions and their advantages as well as provide consumers with information about advanced lighting control solutions. The MALTCP will add training sessions through a network of IBEW-NECA joint training facilities in Michigan, and DTE Energy and Consumers Energy will launch new training opportunities for their trade allies by hosting 12 half-day training sessions. In total, LiTES will support the training of approximately 100 contractors on advanced lighting controls technologies, installation methods, sales tools, benefits and new business models. The program will also help advanced lighting control technology providers introduce their solutions to the market and increase awareness of lighting controls among potential customers. Building owners, contractors, and lighting industry stakeholders interested in learning more about lighting controls and opportunities to get involved can visit nextenergy.org/lites for more information. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/control-the-lites-for-energy-savings-300455101.html


News Article | June 22, 2017
Site: www.prnewswire.com

In addition, DTE is targeting an annual dividend increase of approximately 7 percent through 2019 - higher than the 5.6 percent average dividend increase over the past five years. The targeted increases, which are subject to Board approval, signal confidence in the Company's growth plan and are intended to bring DTE Energy's dividend payout ratio in line with industry peers. 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 utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading.  As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com/dteenergy. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dte-energy-declares-dividend-continues-delivering-on-7-percent-increase-300478610.html


News Article | May 11, 2017
Site: www.prnewswire.com

"We're so pleased that the LePage family is partnering with us on this restaurant," said DTE Energy Chairman and CEO Gerry Anderson. "They bring decades of experience in operating distinctive restaurant concepts in southeastern Michigan. The LePage family's culinary point-of-view will complement the iconic architecture and ambience of this restaurant." Award-winning architectural firm, Touloukian Touloukian, Inc., is leading the construction of the rooftop's green restaurant space; interior and patio design is by Victor Saroki; and Kelly Building Co. is performing the build out of the space. "There are so many amazing things happening in Detroit right now and we are very excited to be part of it and to bring our restaurant concept to DTE's new public park," said Norm LePage. "It's been an honor to work with DTE on this project to help create the ultimate outdoor entertainment experience, and of course a special focus on quality food and service." DTE's new park is centrally located between the entertainment district, home of Little Caesar's Arena and Comerica Park, the Central Business District, Cork Town, and MGM Grand Casino. The park, programmed and operated by the Downtown Detroit Partnership, will open for play in July. 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 utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. As one of Michigan's leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com. About Norm and Bonnie LePage For over four decades, renowned restaurateurs, Norman and Bonnie LePage have welcomed guests into their neighborhood restaurants where the focus has always been on providing quality food and an exceptional dining experience. The family currently oversees operations for Clubhouse BFD in Rochester Hills, a craft beer bar;  popular Big Rock Chophouse and Got Rocks Diamond Crown Cigar Lounge, a four star restaurant with an upstairs cigar bar, located in Birmingham's historic train station; The Reserve, an exclusive banquet facility located on the grounds of Big Rock Chophouse; and Griffin Claw Brewing Company in Birmingham, a 12,000-square-foot brewing and distributing facility with a taproom that opened in 2013 and is scheduled to open a second location in Rochester Hills in Fall of 2017. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dte-energy-lights-up-the-detroit-restaurant-scene-with-new-dining-destination-300455641.html


LONDON, UK / ACCESSWIRE / September 14, 2017 / Pro-Trader Daily takes a closer look at DTE Energy Co. (NYSE: DTE) as the Company's stock will begin trading ex-dividend on September 15, 2017. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on September 14, 2017.Are you looking for research on dividend stocks, if so register with us now for your free membership at: Today, PRO-TD covers ex-dividend news on DTE. Get our free coverage by signing up at: On June 22, 2017, DTE Energy's Board of Directors declared a $0.825 per share dividend on its common stock payable October 15, 2017, to shareholders of record at the close of business September 18, 2017. The dividend signifies consistency and confidence in the Company's performance for the remaining half of 2017 and delivers on the 7.1% per share increase DTE Energy communicated in November 2016. In addition, DTE is targeting an annual dividend increase of approximately 7% through 2019 - higher than the 5.6% average dividend increase over the past five years. DTE Energy's indicated dividend represents a yield of 2.91%, which is substantially ahead of the average dividend yield of 2.36% for the Utilities sector. DTE Energy has issued a cash dividend for more than 100 years and has raised its dividend for five consecutive years. DTE Energy has a dividend payout ratio of 60.9%, which indicates that the Company distributes approximately $0.61 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or add to its cash reserves. According to analysts' estimates, DTE Energy is forecasted to report earnings of $5.70 for the next year which is substantially above its annualized dividend of $3.30. DTE Energy's cash flows from operating activities were $1.18 billion for H1 2017 compared to $1.28 billion for H1 2016. As on June 30, 2017, DTE Energy had $62 million in cash and cash equivalents. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain its dividend distribution for a long period. On September 01, 2017, DTE Energy announced that it is powering Little Caesars Arena, the new home of the Detroit Red Wings and Detroit Pistons and The District Detroit, growing neighborhoods and businesses around the venue. DTE Energy built a new substation, along with a customized underground electrical system, to power the multi-use facility and its high-tech entertainment features, including 45 LED displays covering 13,500 square feet, a projector the size of two football fields, the largest seamless center-hung scoreboard in North America and more than 16.5 million LED lights DTE Energy noted that the state-of-the-art electrical system will allow arena staff to monitor the venue's energy load and reroute power as needed. DTE Energy's investment in this new infrastructure enables future economic growth in the city, making it possible for the Company to meet the electrical needs of additional businesses in areas near the arena. DTE Energy 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 utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy's portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. At the closing bell, on Wednesday, September 13, 2017, DTE Energy's stock slightly fell 0.95%, ending the trading session at $110.23. A total volume of 961.98 thousand shares have exchanged hands, which was higher than the 3-month average volume of 786.04 thousand shares. The Company's stock price rallied 1.08% in the last one month, 7.48% in the past six months, and 20.67% in the previous twelve months. Moreover, the stock surged 11.90% since the start of the year. The stock is trading at a PE ratio of 18.86 and has a dividend yield of 2.99%. The stock currently has a market cap of $19.73 billion. Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. LONDON, UK / ACCESSWIRE / September 14, 2017 / Pro-Trader Daily takes a closer look at DTE Energy Co. (NYSE: DTE) as the Company's stock will begin trading ex-dividend on September 15, 2017. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on September 14, 2017.Are you looking for research on dividend stocks, if so register with us now for your free membership at: Today, PRO-TD covers ex-dividend news on DTE. Get our free coverage by signing up at: On June 22, 2017, DTE Energy's Board of Directors declared a $0.825 per share dividend on its common stock payable October 15, 2017, to shareholders of record at the close of business September 18, 2017. The dividend signifies consistency and confidence in the Company's performance for the remaining half of 2017 and delivers on the 7.1% per share increase DTE Energy communicated in November 2016. In addition, DTE is targeting an annual dividend increase of approximately 7% through 2019 - higher than the 5.6% average dividend increase over the past five years. DTE Energy's indicated dividend represents a yield of 2.91%, which is substantially ahead of the average dividend yield of 2.36% for the Utilities sector. DTE Energy has issued a cash dividend for more than 100 years and has raised its dividend for five consecutive years. DTE Energy has a dividend payout ratio of 60.9%, which indicates that the Company distributes approximately $0.61 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or add to its cash reserves. According to analysts' estimates, DTE Energy is forecasted to report earnings of $5.70 for the next year which is substantially above its annualized dividend of $3.30. DTE Energy's cash flows from operating activities were $1.18 billion for H1 2017 compared to $1.28 billion for H1 2016. As on June 30, 2017, DTE Energy had $62 million in cash and cash equivalents. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain its dividend distribution for a long period. On September 01, 2017, DTE Energy announced that it is powering Little Caesars Arena, the new home of the Detroit Red Wings and Detroit Pistons and The District Detroit, growing neighborhoods and businesses around the venue. DTE Energy built a new substation, along with a customized underground electrical system, to power the multi-use facility and its high-tech entertainment features, including 45 LED displays covering 13,500 square feet, a projector the size of two football fields, the largest seamless center-hung scoreboard in North America and more than 16.5 million LED lights DTE Energy noted that the state-of-the-art electrical system will allow arena staff to monitor the venue's energy load and reroute power as needed. DTE Energy's investment in this new infrastructure enables future economic growth in the city, making it possible for the Company to meet the electrical needs of additional businesses in areas near the arena. DTE Energy 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 utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy's portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. At the closing bell, on Wednesday, September 13, 2017, DTE Energy's stock slightly fell 0.95%, ending the trading session at $110.23. A total volume of 961.98 thousand shares have exchanged hands, which was higher than the 3-month average volume of 786.04 thousand shares. The Company's stock price rallied 1.08% in the last one month, 7.48% in the past six months, and 20.67% in the previous twelve months. Moreover, the stock surged 11.90% since the start of the year. The stock is trading at a PE ratio of 18.86 and has a dividend yield of 2.99%. The stock currently has a market cap of $19.73 billion. Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document. 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