Duke Energy announces dividend payments to shareholders

Rhea-AI Summary

Duke Energy (NYSE: DUK) has declared a quarterly cash dividend of $0.985 on its common stock, payable on Dec. 16, 2021, to shareholders of record by Nov. 12, 2021. Additionally, a dividend of $359.375 per share on its Series A preferred stock will also be paid on the same date. This marks the company's commitment to returning value to shareholders, having paid dividends consecutively for 95 years. Duke Energy is focused on a clean energy strategy aimed at reducing carbon emissions by 50% by 2030 and achieving net-zero emissions by 2050.

Positive

• Declared a quarterly cash dividend of $0.985, affirming shareholder value.
• Consistent dividend payments for 95 consecutive years demonstrate stability.
• Aggressive clean energy strategy with a goal for 50% carbon reduction by 2030.

Negative

• None.

CHARLOTTE, N.C., Oct. 25, 2021 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $0.985. This dividend is payable on Dec. 16, 2021, to shareholders of record at the close of business Nov. 12, 2021.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on Dec. 16, 2021, to shareholders of record at the close of business Nov. 12, 2021. This is equivalent to $0.359375 per depositary share.

Duke Energy has paid a cash dividend on its common stock for 95 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 percent 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: Meredith Archie
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 (DUK) announced in October 2021?

Duke Energy announced a quarterly cash dividend of $0.985 on its common stock.

When is the dividend payment date for Duke Energy (DUK) in December 2021?

The dividend payment date is set for December 16, 2021.

What is the record date for Duke Energy (DUK) shareholders to receive the dividend?

The record date for shareholders to receive the dividend is November 12, 2021.

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

Duke Energy has paid cash dividends for 95 consecutive years.

What are Duke Energy's sustainability goals?

Duke Energy aims for at least a 50% reduction in carbon emissions by 2030 and net-zero carbon emissions by 2050.