Duke Energy announces dividend payments to shareholders

Rhea-AI Summary

Duke Energy (NYSE: DUK) has declared a quarterly cash dividend of $1.005 per share, marking an increase of $0.02. This dividend is payable on Sept. 16, 2022, to shareholders of record as of Aug. 12, 2022. Additionally, dividends for Series A and Series B preferred stocks were declared at $359.375 and $24.375 per share, respectively. Duke Energy has maintained a cash dividend payout for 96 consecutive years, showcasing its commitment to shareholder returns.

Positive

• Quarterly dividend increased to $1.005 per share, enhancing shareholder returns.
• Company has paid dividends for 96 consecutive years, indicating strong financial health.

Negative

• None.

• Company increases quarterly dividend payment for common stock

CHARLOTTE, N.C., July 13, 2022 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.005 per share, an increase of $0.02. This dividend is payable on Sept.16, 2022, to shareholders of record at the close of business on Aug.12, 2022.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share, payable on Sept.16, 2022, to shareholders of record at close of business on Aug.12, 2022. This is equivalent of $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, 2022, to shareholders of record at the close of business on Aug.12, 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 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
|24-Hour: 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 on July 13, 2022?

Duke Energy declared a quarterly cash dividend of $1.005 per share on July 13, 2022.

When is the dividend payable to shareholders?

The dividend is payable on September 16, 2022.

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

The record date for the dividend is August 12, 2022.

How long has Duke Energy been paying dividends?

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

What are the dividend payments for Duke Energy's preferred stocks?

Duke Energy declared a dividend of $359.375 per share for Series A preferred stock and $24.375 for Series B preferred stock.