Detroit, Oct. 04, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) today released its 2023 CleanVision Sustainability Report, the company's annual publication detailing progress towards its ongoing work to generate cleaner, more reliable and affordable energy for the people and community it serves. DTE's CleanVision report shares progress on the company's priorities of improving operations, achieving net zero goals, caring for customers – especially the most vulnerable – and developing a workforce to lead the ...

Utility companies—those that provide electricity, water, natural gas, and other essential services for residential and commercial customers—have had a banner year. The benchmark Utilities Select Sector SPDR Fund NYSEARCA: XLU has climbed by about 31% in the last year, with the bulk of those gains having occurred in the last six months. Utilities Select Sector SPDR Fund Today XLU Utilities Select Sector SPDR Fund $79.61 -0.57 (-0.71%) 52-Week Range $54.77 ▼ $80.77 Dividend Yield 2.59% Assets Under Management ...

Detroit, Sept. 26, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE), Michigan's largest producer of and investor in renewable energy, today announced that it has broken ground on three new solar parks in the last four months, in response to growing customer support for clean, renewable energy. The Fish Creek and Mission Road solar parks, located in mid-Michigan, and the Little Trout Solar Park, located in northern Michigan, are all funded by customers who voluntarily enrolled in DTE's CleanVision MIGreenPower ...

Those who have followed my work on Seeking Alpha for the last six years know how much I enjoy covering regulated utilities. Be it electric, gas, or water, the services that are provided Hi, my name is Kody. Aside from my four to five weekly articles here on Seeking Alpha, I am also a contributor to Sure Dividend, Dividend Kings, and iREIT on Alpha. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog tha ...

DTE Energy Corp.'s (DTE) disciplined capital spending program to maintain and upgrade the reliability of its electric utility systems boosts its performance. Given its growth prospects, DTE makes for a solid investment option in the Zacks Utility sector. Let's focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. Growth Projections & Surprise History of DTE The Zacks Consensus Estimate for DTE Energy's 2024 EPS has increased by 0.14% to $6.70 per share over ...

Detroit, Sept. 23, 2024 (GLOBE NEWSWIRE) -- DTE Energy (NYSE:DTE) today released the following statement from Matt Paul, president and chief operating officer, DTE Electric, in response to the third-party audit of the electric distribution system issued by the Michigan Public Service Commission. "We remain laser-focused on delivering on our commitment to our customers — reducing power outages by 30% and cutting outage time in half by 2029. "To meet that commitment, as well as the customer service standards ...

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The utilities sector doubles up as a fallback option for investors during recessions and economic downturns because of its reputation for rewarding shareholders with dividends. Likewise, they fall out of favor during times of economic growth, with growth stocks driving the markets. Utility sector stocks are defensive in nature and are very slightly affected, if at all, by market volatility. Even during the 2008 global economic crisis, they had held their own. Utility stocks are examples of such defensive in ...

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