Company: DTE Energy Co. (DTE)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects. -Morningstar.com-
Symbol: DTE
Recent Price: $119.70
Dividends: $4.08
Yield: 3.41%
Sector: Utilities
Industry: Utilities-Regulated Electric
Address & Company Phone #: One Energy Plaza Detroit MI 48226-1279, 313-235-4000
Transfer Agent: Equiniti Group plc. 866-388-8558
Moody’s Rating: Baa2
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: 15th Monthly
Shares to Qualify: 1 Share
Fees: Div.: $1+5¢/sh. Cash: $2+5¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $10+10¢/sh.
52 Week High & Low: $117.45, $90.14