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DTE Energy (DTE) has 1 split in our DTE split history database. The split for DTE took place on July 01, 2021. This was a 1175 for 1000 split, meaning for each 1000 shares of DTE owned pre-split, the shareholder now owned 1175 shares. For example, a 1000 share position pre-split, became a 1175 share position following the split.
When a company such as DTE Energy splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the DTE split history from start to finish, an original position size of 1000 shares would have turned into 1175 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into DTE Energy shares, starting with a $10,000 purchase of DTE, presented on a split-history-adjusted basis factoring in the complete DTE split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||10.57%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||9.49%|
|About DTE Energy|
|DTE Energy is a holding company. Through its subsidiaries, DTE Electric Company (DTE Electric) and DTE Gas Company (DTE Gas), Co. is engaged in the utility business. Co.'s segments include: Electric, which consists of DTE Electric that engages in the generation, purchase, distribution, and sale of electricity; Gas, which consists of DTE Gas that engages in the purchase, storage, transportation, distribution, and sale of natural gas; DTE Vantage, which includes projects that deliver energy and utility-type products and services, and produce reduced emissions fuel; and Energy Trading, which includes physical and financial power, natural gas and environmental marketing and trading. According to our DTE split history records, DTE Energy has had 1 split.|
|DTE Split History Table|
|07/01/2021||1175 for 1000|
|Utilities Stock Splits|
|DTE is categorized under the Utilities sector; below are some other companies in the same sector that also have a history of stock splits:
DUK Split History
Also explore: DTE shares outstanding history
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