Duke Energy announces dividend payments to shareholders

Rhea-AI Summary

Duke Energy (NYSE: DUK) has declared a quarterly cash dividend of $1.045 per share on its common stock, payable on Dec. 16, 2024, to shareholders of record at the close of business on Nov. 15, 2024. The company also announced a quarterly cash dividend on its Series A preferred stock of $359.375 per share, equivalent to $0.359375 per depositary share, with the same payment and record dates.

Duke Energy has maintained a consistent cash dividend on its common stock for 98 consecutive years. The company serves 8.4 million electric customers and 1.7 million natural gas customers across several states. Duke Energy is committed to a clean energy transition, aiming for net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050.

Positive

• Declared quarterly cash dividend of $1.045 per share on common stock
• Maintained consistent dividend payments for 98 consecutive years
• Large customer base with 8.4 million electric and 1.7 million natural gas customers
• Ambitious clean energy transition plan in place

Negative

• None.

CHARLOTTE, N.C., Oct. 7, 2024 /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 Dec. 16, 2024, to shareholders of record at the close of business on Nov. 15, 2024.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on Dec. 16, 2024, to shareholders of record at the close of business Nov. 15, 2024. This is equivalent to $0.359375 per depositary share.

Duke Energy has paid a cash dividend on its common stock for 98 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

FAQ

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

Duke Energy (DUK) has declared a quarterly cash dividend of $1.045 per share on its common stock.

When is the payment date for Duke Energy's (DUK) latest dividend?

The dividend is payable on December 16, 2024, to shareholders of record at the close of business on November 15, 2024.

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

Duke Energy has paid a cash dividend on its common stock for 98 consecutive years.

What are Duke Energy's (DUK) clean energy 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.