DTE Energy 6.50% Junior Subordinated Debentures
By: Tim McPartland,
S&P Rating BBB-
Security Ticker Symbol DTZ
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Market Traded ON NYSE
Interest Payment Paid on the 1st of March, June, September and December beginning on 03/01/2012
Quarterly Interest .406 Annual Interest 1.625
Securities may be redeemed, at the issuers option, as early as 12/01/2016 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 12/01/2061
Company Investor Relations Page for DTE Energy
Below you can find the offering Prospectus and or final pricing documents
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Tim McPartland
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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.
