Duke Energy announces dividend payments to shareholders

Rhea-AI Summary

Duke Energy (NYSE: DUK) announced a quarterly cash dividend of $1.005 per share, payable on March 16, 2023, to shareholders recorded by February 17, 2023. Additionally, dividends on Series A and Series B preferred stocks were declared, amounting to $359.375 and $24.375 per share, respectively, also payable on the same date. The company has maintained a consistent cash dividend for 97 consecutive years, reflecting its commitment to shareholder returns and financial stability.

Positive

• Quarterly cash dividend of $1.005 per share strengthens shareholder income.
• Consistent dividend payments for 97 years demonstrate financial stability.

Negative

• None.

CHARLOTTE, N.C., Jan. 4, 2023 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.005 per share. This dividend is payable on March 16, 2023, to shareholders of record at the close of business on Feb. 17, 2023.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on March 16, 2023, to shareholders of record at the close of business Feb. 17, 2023. 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, 2023, to shareholders of record at the close of business Feb. 17, 2023.

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 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 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 2022 "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

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SOURCE Duke Energy

FAQ

What is the amount of the Duke Energy dividend for 2023?

Duke Energy declared a quarterly cash dividend of $1.005 per share for 2023.

When is the Duke Energy dividend payment date?

The dividend payment date for Duke Energy is March 16, 2023.

What are the record dates for Duke Energy's dividend payments?

The record date for Duke Energy's dividend payments is February 17, 2023.

How long has Duke Energy been paying dividends?

Duke Energy has paid dividends for 97 consecutive years.

What are the preferred stock dividends declared by Duke Energy?

Duke Energy declared $359.375 for Series A and $24.375 for Series B preferred stocks.