Duke Energy announces dividend payments to shareholders

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.

CHARLOTTE, N.C., Jan. 9, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.045 per share. This dividend is payable on March 17, 2025, to shareholders of record at the close of business on Feb. 14, 2025.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on March 17, 2025, to shareholders of record at the close of business on Feb. 14, 2025. This is equivalent to $0.359375 per depositary share.

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 Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

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

FAQ

What is Duke Energy's (DUK) latest quarterly dividend amount for common shareholders?

Duke Energy's quarterly dividend for common shareholders is $1.045 per share, payable on March 17, 2025.

When is the record date for Duke Energy's (DUK) March 2025 dividend payment?

The record date for Duke Energy's March 2025 dividend payment is February 14, 2025.

How many consecutive years has Duke Energy (DUK) paid dividends?

Duke Energy has paid cash dividends on its common stock for 99 consecutive years.

What is Duke Energy's (DUK) preferred stock Series A dividend amount?

Duke Energy's Series A preferred stock dividend is $359.375 per share, equivalent to $0.359375 per depositary share.

What are Duke Energy's (DUK) clean energy transition goals?

Duke Energy aims to achieve net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050.