July 6, 2018 - 12:45 PM EDT
Print Email Article Font Down Font Up Charts

Duke Energy increases quarterly dividend payment by 4.2 percent

CHARLOTTE, N.C., July 6, 2018 /PRNewswire/ -- Duke Energy today declared a quarterly cash dividend on its common stock of $0.9275 per share, an increase of $0.0375 per share, or 4.2 percent.

Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto/Duke Energy) (PRNewsfoto/Duke Energy)

The dividend is payable on Sept. 17, 2018, to shareholders of record at the close of business Aug. 17, 2018.

"For 92 consecutive years, the dividend has played an important role in delivering value to our shareholders," said Lynn Good, chairman, president and CEO. "This increase reflects continued confidence in our ability to produce strong financial results as we execute our long-term strategy."

Duke Energy

Headquartered in Charlotte, N.C., Duke Energy (NYSE: DUK) is one of the largest energy holding companies in the U.S., with approximately 29,000 employees and a generating capacity of 49,500 megawatts. The company is transforming its customers' experience, modernizing its energy grid, generating cleaner energy and expanding its natural gas infrastructure to create a smarter energy future for the people and communities it serves.

The company's Electric Utilities and Infrastructure unit serves approximately 7.6 million retail electric customers in six states – North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. Its Gas Utilities and Infrastructure unit distributes natural gas to approximately 1.6 million customers in five states – North Carolina, South Carolina, Tennessee, Ohio and Kentucky. Its Commercial Renewables unit operates a growing renewable energy portfolio across the U.S.

A Fortune 125 company, Duke Energy was named to Fortune's 2018 "World's Most Admired Companies" list and Forbes' 2018 "America's Best Employers" list.

More information about the company is available at duke-energy.com. The Duke Energy News Center includes 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: Dave Scanzoni
24-Hour: 800.559.3853

Analyst contact: Mike Callahan
704.382.0459

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/duke-energy-increases-quarterly-dividend-payment-by-4-2-percent-300677006.html

SOURCE Duke Energy


Source: PR Newswire (July 6, 2018 - 12:45 PM EDT)

News by QuoteMedia
www.quotemedia.com

Legal Notice