DTE Energy Announces Increased Dividend for Shareholders
DTE Energy Board Approves Quarterly Dividend Payment
DTE Energy's Board of Directors has announced an exciting update for shareholders by declaring a quarterly dividend of $1.09 per share on its common stock. This dividend will be payable to all shareholders of record by January 15, 2025. Shareholders should ensure they are recorded by the close of business on December 16, 2024, to benefit from this financial return.
Understanding DTE Energy's Commitment to Sustainability
DTE Energy (NYSE:DTE) is a prominent player in the energy sector, based in Detroit, Michigan. The company is recognized for its diversified range of energy-related services and businesses that span across the nation. Operating with a customer-focused approach, DTE supports 2.3 million electric customers and an additional 1.3 million gas customers throughout Michigan. This extensive customer base highlights DTE’s critical role in providing reliable energy solutions.
Innovative Energy Solutions
The DTE portfolio is not limited to traditional energy services; it also includes a variety of innovative energy businesses. These divisions emphasize custom energy solutions, renewable energy generation, and energy marketing and trading. By integrating these services, DTE Energy strives to meet the evolving needs of customers while prioritizing sustainability.
Accelerating Carbon Reduction Goals
A key component of DTE Energy’s operations is its commitment to environmental responsibility. The company has set ambitious goals to reduce carbon emissions, reflecting its dedication to combating climate change and contributing to a healthier planet. Through strategic planning and implementation, DTE is on track to achieve its targets in a proactive manner.
Community and Economic Engagement
DTE Energy not only focuses on its energy businesses but also actively engages in community support and economic progress. The company believes in giving back, which is evident in its initiatives that promote volunteerism, education, employment opportunities, and philanthropy. By fostering growth in these areas, DTE has demonstrated its commitment to being a responsible corporate citizen.
Contact Information for Media and Analysts
For media inquiries, DTE Energy is accessible through Dan Miner at 313.235.5555. Additionally, analysts seeking further information can contact Matthew Krupinski at 313.235.6649 or John Dermody at 313.235.8750. Engaging with these contacts ensures that stakeholders receive the latest insights and information about the company's ongoing initiatives.
Frequently Asked Questions
What is the announced dividend amount by DTE Energy?
The Board of Directors of DTE Energy declared a quarterly dividend of $1.09 per share.
When is the dividend payment date for shareholders?
The dividend payment date is set for January 15, 2025.
How many customers does DTE Energy serve?
DTE Energy serves approximately 2.3 million electric customers and 1.3 million gas customers in Michigan.
What are DTE Energy’s focuses apart from energy services?
DTE Energy emphasizes sustainability, community engagement, volunteerism, and economic development.
Who can media representatives contact for more information?
Media representatives can reach out to Dan Miner at DTE Energy at 313.235.5555 for inquiries.
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