Duke Energy announces dividend payments to shareholders

Rhea-AI Summary

Duke Energy declares quarterly cash dividends on common stock and preferred stock

Positive

• Duke Energy declares a quarterly cash dividend on its common stock of $1.025 per share
• Duke Energy declares a quarterly cash dividend on its Series A preferred stock of $359.375 per share

Negative

• None.

CHARLOTTE, N.C., Oct. 23, 2023 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.025 per share. This dividend is payable on Dec.18, 2023, to shareholders of record at the close of business on Nov.17, 2023.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on Dec.18, 2023, to shareholders of record at the close of business Nov.17, 2023. This is equivalent to $0.359375 per depositary share.

Duke Energy has paid a cash dividend on its common stock for 97 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 27,600 people.

Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company has interim carbon emission targets of at least 50% reduction from electric generation by 2030, 50% for Scope 2 and certain Scope 3 upstream and downstream emissions by 2035, and 80% from electric generation by 2040. 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 2023 "World's Most Admired Companies" list and Forbes' "World'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
24-Hour: 800.559.3853

Analyst contact: Abby Motsinger
704.382.7624

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/duke-energy-announces-dividend-payments-to-shareholders-301964695.html

SOURCE Duke Energy

FAQ

What is the dividend declared by Duke Energy on its common stock?

Duke Energy declared a quarterly cash dividend on its common stock of $1.025 per share.

What is the dividend declared by Duke Energy on its Series A preferred stock?

Duke Energy declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share.

When will the dividends be payable?

The dividends will be payable on Dec.18, 2023.

Who are the shareholders eligible for the dividends?

Shareholders of record at the close of business on Nov.17, 2023, are eligible for the dividends.

For how many consecutive years has Duke Energy paid a cash dividend on its common stock?

Duke Energy has paid a cash dividend on its common stock for 97 consecutive years.