Duke Energy announces dividend payments to shareholders

Rhea-AI Summary

Duke Energy has declared a quarterly cash dividend of $0.965 per share, up $0.02, payable on Sept. 16, 2020, to shareholders of record by Aug. 14, 2020. Additionally, the Series A preferred stock dividend is set at $359.375 per share, also payable on Sept. 16, 2020. The Series B preferred stock dividend is $24.375 per share, due on the same date. Duke Energy has maintained dividend payments on its common stock for 94 consecutive years.

Positive

• Quarterly cash dividend increased to $0.965 per share.
• Consistent dividend payment history of 94 years demonstrates financial stability.

Negative

• None.

CHARLOTTE, N.C., July 6, 2020 /PRNewswire/ -- Duke Energy today declared a quarterly cash dividend on its common stock of $0.965, an increase of $0.02 per share. This dividend is payable on Sept. 16, 2020, to shareholders of record at the close of business Aug. 14, 2020.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on Sept. 16, 2020, to shareholders of record at the close of business Aug. 14, 2020. This is equivalent to $0.359375 per depositary share.

In addition, the company declared a semi-annual cash dividend on its Series B preferred stock of $24.375 per share payable on Sept. 16, 2020, to shareholders of record at the close of business Aug. 14, 2020.

Duke Energy has paid a cash dividend on its common stock for 94 consecutive years.

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 29,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities and 2,300 megawatts through its nonregulated Duke Energy Renewables unit.

Duke Energy is transforming its customers' experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves. The Electric Utilities and Infrastructure unit's regulated utilities serve 7.8 million retail electric customers in six states: North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. The Gas Utilities and Infrastructure unit distributes natural gas to 1.6 million customers in five states: North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The Duke Energy Renewables unit operates wind and solar generation facilities across the U.S., as well as energy storage and microgrid projects.

Duke Energy was named to Fortune's 2020 "World's Most Admired Companies" list and Forbes' "America's Best Employers" list. More information about the company is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos, videos and other materials. 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: Catherine Butler
24-Hour: 800.559.3853

Analyst contact: Bryan Buckler
704.382.2640

 

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SOURCE Duke Energy

FAQ

What is the dividend amount for Duke Energy (DUK) for Q3 2020?

The dividend amount for Duke Energy (DUK) for Q3 2020 is $0.965 per share.

When is the dividend payable for Duke Energy (DUK)?

The dividend for Duke Energy (DUK) is payable on September 16, 2020.

What is the record date for Duke Energy (DUK) dividend payment?

The record date for the Duke Energy (DUK) dividend payment is August 14, 2020.

How long has Duke Energy (DUK) been paying dividends?

Duke Energy (DUK) has been paying dividends for 94 consecutive years.