DTE Energy Company 2020 Series
DTBStock · quarterly payer
Forward Yield
6.48%
Annual Dividend
$1.09
Payout Ratio
—
5-Yr Growth
—
Ex-Date
—
Frequency
Quarterly
Summary
As of June 2026, DTE Energy Company 2020 Series (DTB) yields 6.48% ($1.09 per share annually), with a blended fair-value estimate of $21.00 — +25% upside, so it screens as undervalued. Dividend safety grade: B (67/100).
Is DTB a good dividend stock?
Yes, with caveatsDTE Energy Company 2020 Series (DTB) pays a quarterly dividend yielding 6.48% ($1.09/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.48%
- Payout Ratio
- —
- Annual Dividend
- $1.09
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -36%
- 52-Week Range
- $15.96 – $19.18
- Dividend Safety
- B · 67/100
- Ever Cut?
- No
Frequently Asked Questions
DTB Price — Last 12 Months
Daily close
Price Return
1 Year
-3%
3 Years
-21%
5 Years
-36%
52-Week Range
$15.96 – $19.18
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DTB worth?
Undervaluedlow confidenceOur blended fair-value estimate for DTE Energy Company 2020 Series is $21.00 per share, versus a market price of $16.85. That implies 25% of upside — a margin of safety of about 20%.
Fair Value
$21.00
Current Price
$16.85
Upside
+25%
Margin of Safety
20%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 8.3% stage-1 growth, 2.5% terminal growth, $1.09 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DTB Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 31, 2026 | — | $0.2730 | regular |
| Dec 31, 2025 | — | $0.2730 | regular |
| Sep 30, 2025 | — | $0.2730 | regular |
| Jun 30, 2025 | — | $0.2730 | regular |
| Mar 31, 2025 | — | $0.2730 | regular |
| Dec 31, 2024 | — | $0.2730 | regular |
| Sep 30, 2024 | — | $0.2730 | regular |
| Jun 28, 2024 | — | $0.2730 | regular |
| Mar 27, 2024 | — | $0.2730 | regular |
| Dec 28, 2023 | — | $0.2730 | regular |
| Sep 28, 2023 | — | $0.2730 | regular |
| Jun 29, 2023 | — | $0.2730 | regular |
| Mar 30, 2023 | — | $0.2730 | regular |
| Dec 29, 2022 | — | $0.2730 | regular |
Income Calculator
At $1.09 / yr per share
