DTE Energy increases dividend

Jun 14, 2012, 17:00 ET from DTE Energy

DETROIT, June 14, 2012 /PRNewswire/ -- The DTE Energy Board of Directors has declared a $0.62 per share dividend on its common stock payable Oct. 15, 2012, to shareholders of record at the close of business Sept. 17, 2012. This is a $0.0325 per share, or 5.5 percent, increase from the previous quarterly dividend.

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 Detroit Edison, an electric utility serving 2.1 million customers in Southeastern Michigan, MichCon, a natural gas utility serving 1.2 million customers in Michigan and other non-utility, energy businesses focused on gas storage and pipelines, unconventional gas production, power and industrial projects, and energy trading. Information about DTE Energy is available at dteenergy.com, twitter.com/dte_energy and facebook.com/dteenergy.