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 on its common stock, payable on Dec. 16, 2022, to shareholders of record by Nov. 18, 2022. Additionally, a quarterly dividend of $359.375 per share on Series A preferred stock will also be distributed on the same date. This marks the 96th consecutive year of cash dividend payments by Duke Energy, underscoring its commitment to returning value to shareholders.

Positive

• Quarterly cash dividend of $1.005 per share on common stock.
• Dividend payments continue for 96 consecutive years.
• Strong commitment to shareholder value.

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• None.

CHARLOTTE, N.C., Oct. 26, 2022 /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 Dec.16, 2022, to shareholders of record at the close of business on Nov.18, 2022.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on Dec.16, 2022, to shareholders of record at the close of business Nov.18, 2022. This is equivalent to $0.359375 per depositary share.

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 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: Jack Sullivan
980.373.3564

 

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SOURCE Duke Energy

FAQ

What is the dividend amount declared by Duke Energy (DUK)?

Duke Energy declared a quarterly cash dividend of $1.005 per share on its common stock.

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

The dividend is payable on December 16, 2022.

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

The record date for the dividend payment is November 18, 2022.

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

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