DTE Energy Series E 5.25% Junior Subordinated Debentures due 2077

By: ,

Date Issued  11/13/2017

Shares Issued  16,000,000   Overallotment Shares  None

S&P Rating  BBB-   Moodys  Baa2


Security Ticker Symbol  DTW

Market Traded ON   NYSE

Interest Payment Paid on the 1st of March, June, September and December beginning on 03/1/2018

Quarterly Interest   .328   Annual Interest   1.313

Securities may be redeemed, at the issuers option, as early as 12/01/2022 for a redemption price of $25/share plus accrued interest


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

Maturity Date   12/1/2077


Company Investor Relations Page for DTE Energy

Click Here to find the offering Prospectus and or final pricing documents

Tim McPartland

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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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