The Traderszone Network

Published in TZ Latest News 14 July, 2014 by The TZ Newswire Staff

DTE Energy Aims For Steady Earnings, Dividend Growth

DTE Energy (DTE), a Detroit-based utility, recently said it expects to raise its dividend in line with its target of 5% to 6% annual earnings growth. The statement was made June 19, when the company boosted its quarterly dividend by 5.3% to 69 cents a share. The dividend is payable Oct. 15 to shareholders of record Sept. 15. DTE has now boosted the payout for five consecutive years, with an average increase of 5.4%.

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