Duke Energy announces dividend payments to shareholders
Duke Energy (NYSE: DUK) has declared its quarterly cash dividend payments.
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Rhea-AI Summary
Duke Energy (NYSE: DUK) has declared its quarterly cash dividend payments. Common stockholders will receive $1.045 per share, payable on March 17, 2025, to shareholders of record as of February 14, 2025. The company also announced a quarterly cash dividend on Series A preferred stock of $359.375 per share ($0.359375 per depositary share), with the same payment and record dates.
Notably, Duke Energy has maintained an unbroken streak of 99 consecutive years of cash dividend payments on its common stock. The company serves 8.4 million electric utility customers across six states and 1.7 million natural gas customers across five states, with 54,800 megawatts of energy capacity. Duke Energy is pursuing a clean energy transition, targeting net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050.
Positive
- 99-year track record of consecutive dividend payments demonstrates strong financial stability
- Large customer base of 8.4M electric and 1.7M natural gas customers provides stable revenue stream
- Substantial energy capacity of 54,800 megawatts indicates strong market position
Negative
- None.
Details
News Market Reaction – DUK
The recorded move for DUK in the trading session of this news was -2.18%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The company also declared a quarterly cash dividend on its Series A preferred stock of
Duke Energy has paid a cash dividend on its common stock for 99 consecutive years.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in
Duke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and nuclear.
More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.
Media Contact: Gillian Moore
24-Hour: 800.559.3853
Analysts Contact: Abby Motsinger
Office: 704.382.7624
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SOURCE Duke Energy Corporation
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