Welcome to our dedicated page for Duke Energy news (Ticker: DUK), a resource for investors and traders seeking the latest updates and insights on Duke Energy stock.
Duke Energy Corporation (NYSE: DUK), a leading U.S. energy provider, maintains this comprehensive news resource for stakeholders seeking official updates and strategic developments. Our curated collection features timely press releases, regulatory filings, and operational announcements directly from Duke Energy and verified sources.
Investors and industry professionals will find essential updates including quarterly earnings reports, infrastructure investment plans, renewable energy initiatives, and regulatory compliance matters. The repository serves as a reliable reference for tracking the company's progress in grid modernization, natural gas distribution improvements, and clean energy transitions.
All content is organized to facilitate quick access to critical information about service territory expansions, rate case decisions, and sustainability commitments. Bookmark this page for streamlined monitoring of Duke Energy's operational milestones and strategic positioning within the evolving utilities sector.
Duke Energy (NYSE: DUK) has declared its quarterly cash dividend of $1.045 per share on its common stock, payable on June 16, 2025, to shareholders of record as of May 16, 2025. Additionally, the company announced a quarterly cash dividend on its 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 impressive track record of paying cash dividends on its common stock for 99 consecutive years. The company serves 8.6 million electric utility customers across six states and 1.7 million natural gas customers across five states, with a total energy capacity of 55,100 megawatts.
Duke Energy celebrated a significant achievement as 30 lineworkers from North and South Carolina earned spots at the prestigious International Lineman's Rodeo in Bonner Springs, Kansas, scheduled for October 18. The qualifiers emerged from the Carolinas Lineman's Rodeo, where they demonstrated excellence in essential skills like equipment repair, pole climbing, and rescue operations.
Notable winners include Max Blackwell from Virgilina, who secured Overall Best Apprentice, and the team of Tyler Manick, Tyler Nickols, and Joshua Buckner from North Carolina, who claimed Overall Best Journeyman Team. The competition was particularly meaningful as participants had previously supported Hurricane Helene response efforts.
The event showcased Duke Energy's commitment to workforce development, with strong community involvement including 33 company volunteers, 56 students and staff from eight community colleges, and 72 judges. As Duke Energy continues expanding its modern and resilient grid to meet growing energy demands, these skilled lineworkers play a crucial role in maintaining and enhancing the power infrastructure serving 8.6 million customers across six states.
Duke Energy Foundation has announced a $500,000 commitment to support local environmental impact programs across North Carolina. Eligible nonprofit organizations can apply for grants up to $25,000 until June 30, 2025. The funding will support programs focused on improving natural environments, enhancing community resilience, promoting land conservation, advancing clean water initiatives, and supporting biodiversity.
Over the past two years, the Foundation has funded more than 50 environmental initiatives in North Carolina, including coastal restoration work, wildlife habitat rehabilitation, and environmental science education programs. The Foundation, funded by Duke Energy shareholders, provides over $30 million annually in philanthropic support.
Duke Energy (NYSE: DUK), a Fortune 150 company, serves 8.6 million electric customers across six states and 1.7 million natural gas customers across five states, with 55,100 megawatts of energy capacity.
Duke Energy (NYSE: DUK) and GE Vernova (NYSE: GEV) have announced a major partnership for the procurement of up to 11 7HA natural gas turbines and associated equipment. This arrangement, announced on April 24, 2025, aims to address growing energy demands from advanced manufacturing, data centers, and population growth.
The partnership builds upon Duke Energy's existing procurement of eight 7HA gas turbines and aligns with the company's integrated resource plans. GE Vernova will manufacture these turbines at their expanded Greenville, S.C. facility, part of a $600 million investment in U.S. manufacturing, including nearly $300 million in its Gas Power business.
The expansion will create over 1,500 new jobs and implement lean manufacturing lines. Duke Energy plans to install these assets at existing facilities, leveraging current infrastructure and transmission capabilities to reduce costs and accelerate deployment timeframes.
Duke Energy Foundation is marking Earth Month by awarding $375,000 in grants to 24 nonprofit and governmental organizations across South Carolina. The initiative focuses on sustaining natural resources through park management, tree planting, trail maintenance, and litter prevention efforts.
The grants support various organizations including South Carolina State Parks, Foothills Trail Conservancy, and TreesUpstate, among others. Duke Energy employees have also volunteered their time in April, participating in five organized trash pickups across the state.
The funding aims to protect and enhance South Carolina's natural assets during a period of significant population growth. Through the Energy Savings Tree Giveaway program, the initiative has helped thousands of Upstate residents reduce electricity costs. Duke Energy (NYSE: DUK), serving 8.6 million electric customers across six states, continues its commitment to environmental stewardship while executing an ambitious energy transition focused on grid upgrades and cleaner generation.
Duke Energy (NYSE: DUK) has announced its annual shareholders meeting will be held virtually on May 1, 2025, at 1 p.m. ET. During the meeting, President and CEO Harry Sideris will present the company's 2024 performance review and discuss energy modernization initiatives.
Shareholders will have the opportunity to participate remotely, cast votes on company and shareholder proposals, and submit questions. The meeting will be accessible online (preferably via Google Chrome) or by phone, with details available in Duke Energy's proxy statement.
As a Fortune 150 company, Duke Energy serves 8.6 million electric customers across six states and 1.7 million natural gas customers across five states. The company owns 55,100 megawatts of energy capacity and is actively pursuing an energy transition strategy focused on grid upgrades, cleaner generation, and investments in natural gas, nuclear, renewables, and energy storage.
Duke Energy (DUK) is celebrating National Lineworker Appreciation Day on April 18, 2025, honoring the critical workforce that maintains power grid reliability. The company's lineworkers demonstrated exceptional service during Hurricane Helene (September 26, 2024), restoring over 3.1 million customer outages across the Carolinas, Florida, and Midwest.
The hurricane response involved 23,000 field personnel from 19 states and Canada, requiring the replacement of 14,000 power poles and 9 million feet of wire. Duke Energy currently employs more than 10,000 lineworkers and technicians, including substation and relay specialists.
The company partners with 22 community college training programs and has committed over $3.3 million in grant funding since 2020 to support lineworker programs. This investment reflects the growing demand for skilled workers as Duke Energy expands its grid infrastructure and improvement projects across its service areas.
Duke Energy Foundation has announced a $17,500 donation to two local chapters of the American Red Cross to support disaster relief efforts following severe storms and flooding in Greater Cincinnati. The donation is split between the American Red Cross of the Tri-State ($10,000) and American Red Cross Kentucky Region ($7,500).
The Foundation, funded by Duke Energy shareholders, provides over $30 million annually in philanthropic support. Duke Energy (NYSE: DUK), a Fortune 150 company, serves 8.4 million electric utility customers across six states and 1.7 million natural gas customers across five states. Its Ohio/Kentucky subsidiary specifically serves 910,000 electric customers and 560,000 natural gas customers in a combined service area of over 5,650 square miles.
Duke Energy Foundation has announced $500,000 in new funding to support western North Carolina's recovery following Hurricane Helene. The funding will be distributed as $25,000 grants to 20 local nonprofits focused on long-term recovery efforts.
The grants will support various community needs, including structural repairs, home building and rebuilding, storm debris removal, mental health services, and waterway rehabilitation. Key recipients include the Mountain Strong Yancey and Mitchell County Relief Team, which is repairing private access roads damaged by flooding, and Asheville-based GreenWorks, which is helping property owners remove flood debris who don't qualify for traditional disaster assistance.
Six months post-Hurricane Helene, Duke Energy continues its efforts to rebuild infrastructure and protect grid reliability. The company's electric utilities serve 8.4 million customers across six states, with a significant focus on executing an ambitious energy transition while maintaining customer reliability and value.
Duke Energy (NYSE: DUK) has scheduled the release of its first-quarter 2025 financial results for May 6, 2025, at 7 a.m. ET. The company will host an earnings conference call at 10 a.m. ET the same day, led by CEO Harry Sideris and CFO Brian Savoy.
Duke Energy, a Fortune 150 company, operates electric utilities serving 8.4 million customers across six states and owns 54,800 megawatts of energy capacity. Their natural gas utilities serve 1.7 million customers across five states. The company is currently implementing an energy transition strategy, focusing on electric grid upgrades and cleaner generation, including investments in natural gas, nuclear, renewables, and energy storage.
FAQ
What is the current stock price of Duke Energy (DUK)?
What is the market cap of Duke Energy (DUK)?
