Duke Energy announces dividend payments to shareholders

Rhea-AI Summary

Duke Energy declared a quarterly cash dividend of $0.965 per common share, payable on December 16, 2020, to shareholders on record by November 13, 2020. Additionally, a quarterly dividend of $359.375 per Series A preferred share will also be paid on the same date to shareholders of record by the same date. This marks the company's 94th consecutive year of cash dividend payments, reflecting its commitment to shareholder returns and stable financial performance.

Positive

• Quarterly cash dividend of $0.965 per common share announced.
• 94 consecutive years of cash dividend payments indicates stability.

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• None.

CHARLOTTE, N.C., Oct. 23, 2020 /PRNewswire/ -- Duke Energy today declared a quarterly cash dividend on its common stock of $0.965 per share payable on Dec. 16, 2020, to shareholders of record at the close of business Nov. 13, 2020.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on Dec. 16, 2020, to shareholders of record at the close of business Nov. 13, 2020. This is equivalent to $0.359375 per depositary share.

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
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)?

Duke Energy declared a quarterly cash dividend of $0.965 per common share.

When will Duke Energy's dividend be paid?

The dividend will be payable on December 16, 2020.

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

The record date for the dividend is November 13, 2020.

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

Duke Energy has paid cash dividends for 94 consecutive years.