DTE Energy 2020 Series G Junior Debentures (DTB)
NYSE-listed Series G junior subordinated debentures due in 2080.
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Represents a 2020 Series G junior subordinated debt issue of DTE Energy Company, a Detroit utility holding company. The issuer's operating core combines DTE Electric in southeastern Michigan with DTE Gas across Michigan, after the DT Midstream spin-off narrowed its focus toward utility operations.
Trades on the NYSE as the 2020 Series G junior subordinated debentures due 2080 of DTE Energy Company. The security is debt rather than common equity and is issued by a Detroit utility holding company.
Connects to an issuer anchored in DTE Electric's generation, transmission, and distribution operations in southeastern Michigan and DTE Gas's gas utility operations across Michigan. The 2021 DT Midstream spin-off removed the former pipeline, storage, and gathering business from the current portfolio.
Operations are concentrated in Michigan and predominantly regulated electric and natural-gas utility activities. The security's issuer profile depends on the two core utility operations, rather than the separated midstream business.
Company facts
Categories
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $200.0M · Total debt $26.71B · Total assets $56.23B · Shareholders' equity $12.15B
- Revenue
- $3.37B
- Operating income
- $458.0M
- Net income
- $282.0M
Raised for 4 straight years — most recently to $0.2734 from $0.273 in Mar 2023. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Sep 30, 2026 | Sep 30 | Oct 15 | $0.2734 | upcoming |
| Jun 30, 2026 | Jun 30 | Jul 15 | $0.2734 | |
| Mar 31, 2026 | Mar 31 | Apr 15 | $0.2734 | |
| Dec 31, 2025 | Dec 31 | Jan 15 | $0.2734 | |
| Sep 30, 2025 | Sep 30 | Oct 15 | $0.2734 | |
| Jun 30, 2025 | Jun 30 | Jul 15 | $0.2734 | |
| Mar 31, 2025 | Apr 15 | Apr 15 | $0.2734 | |
| Dec 31, 2024 | Dec 31 | Jan 15 | $0.2734 | |
| Sep 30, 2024 | Sep 30 | Oct 15 | $0.2734 |
| Strategic holders1 holder · as of Aug 11, 2025 | 3.05% | 10.56M shares | |
| Otherremainder | 96.95% | 336.16M shares |
346.72M company shares as of Sep 3, 2026 · holders as of their latest filing
Two share counts disagree (346.72M in the company's Sep 3, 2026 report, 207.80M elsewhere); stakes use the report.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
State Street CorporationStrategic | 3.05% | 10.56M | 13Gfiled Aug 11, 2025 ↗ |
Gerardo Norcia1Insiderdirector, officer: Chairman, President & CEO | 0.09% | 318,959 | Form 4filed Jun 8, 2023 ↗ |
David Ruud2Insiderofficer: Sr. Vice President & CFO | 0.02% | 57,724 | Form 4filed Feb 3, 2023 ↗ |
Trevor F. Lauer2Insiderofficer: President and COO-DTE Electric | 0.01% | 49,974 | Form 4filed Feb 3, 2023 ↗ |
Mark W. Stiers2Insiderofficer: Pres DTE Vantage, Pres Trading | 0.01% | 40,772 | Form 4filed Feb 3, 2023 ↗ |
| See all 22 → | |||
- Last filed Jun 8, 2023; leaving the company requires no filing. Not in the bar.
- Last filed Feb 3, 2023; leaving the company requires no filing. Not in the bar.
13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
Nothing filed in the last 12 months.
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ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| DTE Energy 2020 Series G Junior Debentures | $15.58 | −0.76% | $3.25B | 3.0 | 2.0 | 1.7 | −1.5% |
| CMS Energy | $68.27 | +0.29% | $21.34B | 20.1 | 16.4 | 2.4 | −0.5% |
| Constellation Energy | $289.32 | −0.27% | $104.15B | 28.2 | 23.4 | 3.3 | +23.0% |
| NRG Energy | $112.00 | +0.83% | $23.44B | 29.2 | 10.7 | 0.6 | +11.0% |
| Vistra | $144.77 | +0.92% | $48.37B | 24.2 | 15.2 | 3.0 | −5.5% |
| Median | 26.2 | 15.8 | 2.7 | +5.3% |