Is DTE Energy (DTE) the Safest Dividend Stock to Buy Now?

From Yahoo Finance: 2025-04-14 09:40:00

Investors seeking stability in a volatile stock market are turning to safe dividend stocks. Amid fresh trade tensions, President Trump announced tariff updates, causing uncertainty. Safe dividend stocks offer defensive qualities and income, making them attractive in turbulent times, as seen by institutional investors shifting to value-based investments over growth stocks.

As trade, taxation, and regulation cycles impact markets, investors face risks. Safe dividend stocks offer resilient options. To help investors navigate, a list of 10 safest dividend stocks is curated, focusing on financial soundness, outperformance, dividend yield, and low volatility. Data is updated as of April 11, 2025, with a focus on institutional backing and historical performance.

DTE Energy Company (NYSE:DTE) emerges as a top safe dividend stock. With a robust 52-week performance, high EPS guidance for 2025, and a 5-year investment plan focusing on reliability and clean energy, DTE stands out. Backed by 35 hedge funds, DTE’s 3.28% dividend yield and beta of 0.50 position it well among safe dividend stocks.

Ranked 2nd on the list of safest dividend stocks, DTE Energy offers stability and potential returns. While DTE shows promise, deeply undervalued dividend stocks could hold greater potential for higher returns in a shorter timeframe. Investors interested in exploring more opportunities can check out the report on dirt cheap dividend stocks for compelling investment options.

Read more: Is DTE Energy (DTE) the Safest Dividend Stock to Buy Now?