Duke Energy announces dividend payments to shareholders
Duke Energy has declared a quarterly cash dividend of $0.965 per share, up $0.02, payable on Sept. 16, 2020, to shareholders of record by Aug. 14, 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Duke Energy has declared a quarterly cash dividend of $0.965 per share, up $0.02, payable on Sept. 16, 2020, to shareholders of record by Aug. 14, 2020. Additionally, the Series A preferred stock dividend is set at $359.375 per share, also payable on Sept. 16, 2020. The Series B preferred stock dividend is $24.375 per share, due on the same date. Duke Energy has maintained dividend payments on its common stock for 94 consecutive years.
Positive
- Quarterly cash dividend increased to $0.965 per share.
- Consistent dividend payment history of 94 years demonstrates financial stability.
Negative
- None.
Details
News Market Reaction – DUK
The recorded move for DUK in the trading session of this news was -2.48%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHARLOTTE, N.C., July 6, 2020 /PRNewswire/ -- Duke Energy today declared a quarterly cash dividend on its common stock of
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The company also declared a quarterly cash dividend on its Series A preferred stock of
In addition, the company declared a semi-annual cash dividend on its Series B preferred stock of
Duke Energy has paid a cash dividend on its common stock for 94 consecutive years.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 29,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities and 2,300 megawatts through its nonregulated Duke Energy Renewables unit.
Duke Energy is transforming its customers' experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves. The Electric Utilities and Infrastructure unit's regulated utilities serve 7.8 million retail electric customers in six states: North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. The Gas Utilities and Infrastructure unit distributes natural gas to 1.6 million customers in five states: North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The Duke Energy Renewables unit operates wind and solar generation facilities across the U.S., as well as energy storage and microgrid projects.
Duke Energy was named to Fortune's 2020 "World's Most Admired Companies" list and Forbes' "America's Best Employers" list. More information about the company is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos, videos and other materials. 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: Catherine Butler
24-Hour: 800.559.3853
Analyst contact: Bryan Buckler
704.382.2640
!["Cision"]("https://c212.net/c/img/favicon.png?sn=CL54699&sd=2020-07-06" "\"Cision\"")
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SOURCE Duke Energy
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