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DTE Energy Company 2020 Series (DTB) — chart, structure and Closelook read

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Company snapshot — DTE Energy Company 2020 Series

DTB in five paragraphs: what it makes and sells, where it sits in the Closelook stack, who it is priced against, why we track it, what we watch. Research diary, not advice.

What it does
DTE Energy Company 2020 Series is an exchange-listed debt security, a series of junior subordinated debentures issued by DTE Energy, the Detroit-based holding company whose regulated utilities supply electricity and natural gas in Michigan. It trades on the New York Stock Exchange under its own ticker, pays a fixed coupon and ranks below the issuer’s senior debt. It is not the common stock, and its price responds to interest rates and to the issuer’s credit standing rather than to the utility’s earnings growth.
Where it sits in the stack
This series carries no Closelook index seat and no sector tag in our records; it sits outside every Rubin layer and Halo sleeve. It appears in the universe as a financing instrument of a utility, not as a company in the AI build-out.
Who it is priced against
The diary keeps no peer group for a listed debenture. The relevant comparison is the issuer’s other listed series and long-dated utility credit generally, which move with the long end of the Treasury curve.
Why Closelook tracks it
It entered the universe through the market-capitalisation rule that admits listed securities above a size floor, not through an editorial choice. It carries a Closelook score in which momentum reads strongest and quality weakest, which for a fixed-coupon security mostly describes the direction of long-term rates.
What the diary watches
The 30-year Treasury yield and the spread between utility credit and Treasuries; a listed debenture is a rates instrument first, and the diary reads it that way.

DTE Energy Company 2020 Series (DTB) trades on US exchanges.

The Closelook company score reads 35/100 composite (momentum 31, quality 38, valuation —) across 6 modules — the full breakdown, chart structure and analog history load live above.

Written by the Closelook desk, 2026-09-18. Descriptive, refreshed with the registry; corrections welcome via the imprint. closelook.net is an investment research diary — market structure, index membership and scores are our own readings, not investment advice. Related: index compare · sector dispersion · scanner.

Signals for this name

Every Closelook reading that exists for DTB, from the same nightly bakes the boards use. Research diary readings, not advice.

Dividends and capital return trailing yield 7.01%, quarterly · last 0.27 USD on 2026-06-30

Dividends and capital return

What DTB pays out and buys back — distributions read from the price series, money terms from the filings.

  • Trailing 12 months 1.09 USD per share · a 7.01% yield on the 2026-09-22 close 4 distributions, paid quarterly 2026-09-22
  • Change on the year +100.1% against the prior twelve months prior twelve months 0.55 USD per share
  • Last distribution 0.27 USD per share as the price series records it, within days of the ex-date 2026-06-30
  • By calendar year 2025: 1.09 USD (partial) · 2026: 0.55 USD to date first distribution recorded in the three-year window: 2025-03-31
  • Dividends paid, FY2025 871 m USD
  • Share count 0.0% in FY2025
  • Capital returned 871 m USD in a year of negative free cash flow dividends and buybacks together

Per-share amounts are derived from the adjusted price series in the listing currency, so dates sit within days of the ex-date; filing figures come from the fundamentals feed for the last reported fiscal year. An investment diary, not a recommendation.

Weather around the name 3 macro readings: Money Temperature, Factor regime, Sovereign pressure

The weather around this name

Macro readings that apply by membership — the regime, the factor tape, the sector cell, the funding backdrop.

  • Money Temperature Composite 65/100 · S&P 500 fund at 68, bullish alignedEight instruments scored on position, momentum, volume, volatility and fragility — the regime every name trades inside. Temperature lab → 2026-09-23
  • Factor regime Momentum leading — risk appetite buildingMomentum against low volatility (SPMO / SPLV): above its 50-day trend, 99th percentile of the window, +9.3% over 20 sessions. Factor regime → 2026-09-23
  • Sovereign pressure Index -0.03 · down 0.40 over 21 sessionsG7 long-end yields, 10s30s and the slope — the funding weather for every balance sheet on this site. Sovereign pressure → 2026-09-22

FAQ · from the current data · as of 2026-09-23

Quick answers

What is DTE Energy Company 2020 Series (DTB)?

DTE Energy Company 2020 Series trades as DTB on the US exchange (US) in the Closelook research universe, as of the registry build of 2026-09-23.

Is DTB in a Closelook index?

Not currently — DTE Energy Company 2020 Series is tracked in the Closelook research universe but is not a constituent of a Closelook functional index as of 2026-09-23.

What is DTE Energy Company 2020 Series's Closelook composite score?

35 out of 100, with momentum 31, quality 38 and valuation n/a sub-scores, as of 2026-09-23. Scores are Closelook's own research readings, not ratings or investment advice.

Where does DTB trade against its moving averages?

Downtrend stack: Trades -3% vs the 50-day and -5.8% vs the 200-day average, 12.9% below the 52-week high and +2.5% off the 52-week low. Computed from daily closes. As of 2026-09-22 — a technical state from the nightly Closelook bake, not advice. The Technical tab carries the full row.

What does DTE Energy Company 2020 Series do?

DTE Energy Company 2020 Series is an exchange-listed debt security, a series of junior subordinated debentures issued by DTE Energy, the Detroit-based holding company whose regulated utilities supply electricity and natural gas in Michigan. It trades on the New York Stock Exchange under its own ticker, pays a fixed coupon and ranks below the issuer’s senior debt. It is not the common stock, and its price responds to interest rates and to the issuer’s credit standing rather than to the utility’s earnings growth. The diary keeps no peer group for a listed debenture. The relevant comparison is the issuer’s other listed series and long-dated utility credit generally, which move with the long end of the Treasury curve.

Where does DTE Energy Company 2020 Series sit in the AI build-out?

This series carries no Closelook index seat and no sector tag in our records; it sits outside every Rubin layer and Halo sleeve. It appears in the universe as a financing instrument of a utility, not as a company in the AI build-out. It entered the universe through the market-capitalisation rule that admits listed securities above a size floor, not through an editorial choice. It carries a Closelook score in which momentum reads strongest and quality weakest, which for a fixed-coupon security mostly describes the direction of long-term rates.

Does DTE Energy Company 2020 Series pay a dividend?

DTE Energy Company 2020 Series has paid 1.09 USD per share over the last twelve months, paid quarterly, a trailing yield of 7.01% on the 2026-09-22 close; the last distribution recorded in the price series was 0.27 USD on 2026-06-30. In fiscal 2025 the company paid 871 m USD in dividends. The share count was unchanged over the fiscal year. The "Dividends and capital return" block on this page carries the lines.

What does this page show?

A live price chart with SMA overlays and drawing tools for DTB, performance metrics, index-membership context and the Closelook structure read — an investment research diary view, not investment advice.