Duke Energy announces dividend payments to shareholders

Rhea-AI Summary

Duke Energy has declared a quarterly cash dividend of $0.985 per share on its common stock, payable on March 16, 2022, to shareholders of record by February 18, 2022. The Series A preferred stock dividend is set at $359.375 per share, while the Series B preferred stock will have a semiannual dividend of $24.375. Duke Energy boasts a history of consistent dividends, having paid cash dividends for 96 consecutive years. The company aims for a 50% carbon reduction by 2030 and net-zero emissions by 2050, reinforcing its commitment to sustainable energy solutions.

Positive

• Quarterly cash dividend of $0.985 per share enhances shareholder income.
• Duke Energy has paid dividends for 96 consecutive years, reflecting strong financial stability.
• Commitment to achieving 50% carbon reduction by 2030 reinforces positive investor sentiment.

Negative

• None.

CHARLOTTE, N.C., Jan. 4, 2022 /PRNewswire/ -- Duke Energy today declared a quarterly cash dividend on its common stock of $0.985 per share. This dividend is payable on March 16, 2022, to shareholders of record at the close of business on Feb. 18, 2022.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on March 16, 2022, to shareholders of record at the close of business Feb. 18, 2022. This is equivalent to $0.359375 per depositary share.

In addition, the company declared a semiannual cash dividend on its Series B preferred stock of $24.375 per share payable on March 16, 2022, to shareholders of record at the close of business Feb. 18, 2022.

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 7.9 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 51,000 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 27,500 people.

Duke Energy is executing an aggressive clean energy strategy to create a smarter energy future for its customers and communities – with goals of at least a 50% carbon reduction by 2030 and net-zero carbon emissions by 2050. The company is a top U.S. renewable energy provider, on track to own or purchase 16,000 megawatts of renewable energy capacity by 2025. The company also is investing in major electric grid upgrades and expanded battery storage, and exploring zero-emitting power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune's 2021 "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

Analyst contact: Jack Sullivan
980.373.3564

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SOURCE Duke Energy

FAQ

What is the dividend amount declared by Duke Energy (DUK) for Q1 2022?

Duke Energy declared a quarterly cash dividend of $0.985 per share for Q1 2022.

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

The dividend payment date for Duke Energy is March 16, 2022.

What are the record dates for Duke Energy dividends?

Shareholders must be on record by February 18, 2022, to receive the dividends.

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

Duke Energy has paid dividends for 96 consecutive years.

What is Duke Energy's commitment towards carbon emissions reduction?

Duke Energy aims for at least a 50% carbon reduction by 2030.