DTE Energy 6.50% Junior Subordinated Debentures

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S&P Rating  BBB-

Security Ticker Symbol   DTZ

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Market Traded ON   NYSE

Interest Payment Paid on the 1st of March, June, September and December beginning on 03/01/2012

Quarterly Interest   .406   Annual Interest   1.625

Securities may be redeemed, at the issuers option, as early as 12/01/2016 for a redemption price of $25/share plus accrued interest

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Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they do not qualify for preferential tax rates.

Maturity Date   12/01/2061

 

Company Investor Relations Page for DTE Energy

Below you can find the offering Prospectus and or final pricing documents

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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