Duke Energy announces dividend payments to shareholders

Rhea-AI Summary

Duke Energy declared a quarterly cash dividend of $0.965 per share on its common stock, payable on June 16, 2021, to shareholders of record by May 14, 2021. The company also announced a quarterly dividend of $359.375 per share on its Series A preferred stock, with the same payment schedule. Duke Energy has a strong dividend history, having paid cash dividends for 95 consecutive years. The company is positioned as a leader in renewable energy and aims for a 50% carbon reduction by 2030 and net-zero emissions by 2050.

Positive

• Quarterly cash dividend of $0.965 per share signifies ongoing income for shareholders.
• Duke Energy has paid dividends for 95 consecutive years, showcasing financial stability.
• Aggressive clean energy strategy with goals for 50% carbon reduction by 2030.

Negative

• None.

CHARLOTTE, N.C., May 6, 2021 /PRNewswire/ -- Duke Energy today declared a quarterly cash dividend on its common stock of $0.965 per share payable on June 16, 2021 to shareholders of record at the close of business May 14, 2021.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on June 16, 2021 to shareholders of record at the close of business May 14, 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 operate 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: Madison McDonald
800.559.3853

Analysts contact: Jack Sullivan
980.373.3564

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SOURCE Duke Energy

FAQ

What is Duke Energy's dividend payment amount for June 2021?

Duke Energy declared a dividend payment of $0.965 per share for its common stock.

When will Duke Energy's dividends be paid in 2021?

The dividends will be paid on June 16, 2021.

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

The record date for Duke Energy's dividend payment is May 14, 2021.

How long has Duke Energy paid dividends?

Duke Energy has paid cash dividends for 95 consecutive years.

What is Duke Energy's strategy for carbon emissions reduction?

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