Duke Energy announces dividend payments to shareholders

Rhea-AI Summary

Duke Energy has declared a quarterly cash dividend of $0.965 per share for its common stock, payable on March 16, 2021, to shareholders of record by February 12, 2021. Additionally, a dividend of $359.375 per share will be paid on its Series A preferred stock, and $24.375 per share for Series B preferred stock, both on the same date. Notably, Duke Energy has maintained a cash dividend on its common stock for 95 consecutive years, underscoring its commitment to shareholders.

Positive

• Quarterly cash dividend of $0.965 per share reflects company stability.
• Consistent dividend payment for 95 consecutive years enhances investor confidence.

Negative

• None.

CHARLOTTE, N.C., Jan. 4, 2021 /PRNewswire/ -- Duke Energy today declared a quarterly cash dividend on its common stock of $0.965 per share payable on March 16, 2021, to shareholders of record at the close of business Feb. 12, 2021.

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

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 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
24-Hour: 800.559.3853

Analyst contact: Cynthia Lee
980.373.4077

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SOURCE Duke Energy

FAQ

What is the dividend amount for Duke Energy (DUK) in 2021?

Duke Energy declared a quarterly cash dividend of $0.965 per share for its common stock in 2021.

When is the dividend payable for Duke Energy (DUK)?

The dividend is payable on March 16, 2021, to shareholders of record by February 12, 2021.

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

Duke Energy has paid a cash dividend on its common stock for 95 consecutive years.

What is the dividend amount for Duke Energy's preferred stock?

The Series A preferred stock dividend is $359.375 per share, and the Series B preferred stock dividend is $24.375 per share.