Duke Energy announces dividend payments to shareholders

Rhea-AI Summary

Duke Energy (NYSE: DUK) has declared a quarterly cash dividend of $0.985 per share for its common stock, payable on June 16, 2022, to shareholders of record by May 13, 2022. Additionally, a dividend of $359.375 per share on its Series A preferred stock will also be paid on the same date. This marks 96 consecutive years of cash dividends for Duke Energy. The company serves 8.2 million electric customers across several states and is committed to a clean energy transition, targeting net-zero carbon emissions by 2050.

Positive

• Quarterly cash dividend of $0.985 per share enhances shareholder income.
• 96 consecutive years of cash dividends indicates strong financial stability.
• Commitment to net-zero carbon emissions by 2050 reflects corporate responsibility.

Negative

• None.

CHARLOTTE, N.C., May 5, 2022 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $0.985 per share. This dividend is payable on June 16, 2022, to shareholders of record at the close of business on May 13, 2022.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on June 16, 2022, to shareholders of record at the close of business May 13, 2022. This is equivalent to $0.359375 per depositary share.

Duke Energy has paid a cash dividend on its common stock for 96 consecutive years.

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 28,000 people.

Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune's 2022 "World's Most Admired Companies" list and Forbes' "America's Best Employers" list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Media contact: Jennifer Garber
800.559.3853

Analysts contact: Jack Sullivan
980.373.3564

 

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SOURCE Duke Energy

FAQ

What is the dividend amount for Duke Energy in June 2022?

Duke Energy declared a cash dividend of $0.985 per share for its common stock.

When is the dividend payable to Duke Energy shareholders?

The dividend is payable on June 16, 2022.

What is the record date for Duke Energy's dividend payment?

The record date for the dividend payment is May 13, 2022.

How long has Duke Energy been paying dividends?

Duke Energy has paid a cash dividend for 96 consecutive years.

What are Duke Energy's goals for carbon emissions reduction?

Duke Energy aims for net-zero carbon emissions by 2050.