Duke Energy (NYSE:DUK) has announced a quarterly dividend of $1.005 per share, a 2% increase from the previous dividend of $0.985. Shareholders of record as of the close of business on August 12, 2022, will receive this dividend on September 16, 2022.
On its Series A preferred stock, the company also declared a quarterly cash dividend of $359.375 per share, payable on September 16, 2022, to shareholders of record as of the close of business on August 12, 2022. This translates to $0.359375 for each depositary share. In addition, the company issued a $24.375 semi-annual cash dividend on each share of its Series B preferred stock, which will be paid to shareholders of record as of the close of business on August 12th, 2022, on September 16th.
For 96 years running, Duke Energy has paid a cash dividend on its ordinary stock.
Duke Energy to announce second-quarter 2022 financial results on Aug. 4
Duke Energy will release its financial results for the second quarter on Thursday, August 4 at 7:00 a.m. Eastern Time at duke-energy.com/investors. A conference call for analysts to discuss second-quarter 2022 financial results and other business and financial developments is scheduled at 10 a.m. ET that day.
Lynn Good, chair, president, and chief executive officer, and Steve Young, executive vice president, and chief financial officer, will host the conference call. The call can be accessed via the investors’ portion of Duke Energy’s website (duke-energy.com/investors) or by phoning 888-510-2359 in the United States or 646-960-0215 internationally. The code of confirmation is 2999899. Please arrive ten to fifteen minutes before the planned start time.
The webcast recording and transcript will be posted on the investors’ section of the company’s website by August 5.
About Duke Energy
Duke Energy (NYSE:DUK), a Fortune 150 business with a headquarters in Charlotte, North Carolina, is one of the major energy holding companies in the United States. Its electric utilities collectively control 50,000 megawatts of energy capacity and serve 8.2 million people in North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky. North Carolina, South Carolina, Tennessee, Ohio, and Kentucky are served by its natural gas division. The business employs 28,000 individuals. There are around 29,000 employees in the company. The service zone of Duke Energy (NYSE:DUK) consists of 250,200 miles (402,700 kilometers) of distribution lines and encompasses 104,00 square miles (270,000 square kilometers). Almost all of Duke Energy’s energy in the Midwest is derived from coal, natural gas, or oil, whereas half of its generation in the Carolinas is derived from nuclear power reactors. Duke Energy (NYSE:DUK) produced 148,798,332 megawatt-hours of electricity in 2006.
Duke Energy (NYSE:DUK) is implementing an ambitious transition to clean energy to accomplish its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The net-zero emissions targets for 2050 include Scope 2 and certain Scope 3 pollutants. In addition, the corporation is investing in significant improvements to the electric grid and energy storage, as well as investigating zero-emission power production technologies, such as hydrogen and advanced nuclear power.
Duke Energy (NYSE:DUK) Renewable Services (DERS) is a business of Duke Energy (NYSE:DUK) that specializes in the development, ownership, and operation of diverse generation facilities around the United States. This division of the corporation is responsible for 1,700 megawatts of generation. There were 240 megawatts of wind generation under construction and 1,500 megawatts of further wind generation in the planned phases. On September 9, 2008, DERS revised its forecasts for the future capacity of wind power. By the end of 2008, it would have installed more than 500 MW of wind generating capacity, with a further 5,000 MW in construction.
Duke Energy (NYSE:DUK) was recognized on the “World’s Most Admired Companies” list by Fortune and the “America’s Best Employers” list by Forbes. Duke-energy.com has more information available. The Duke Energy News Center includes press releases, info sheets, images, and videos. Duke Energy’s illumination contains articles about individuals, innovations, community topics, and environmental issues. Follow Duke Energy (NYSE:DUK) on Facebook, Twitter, and LinkedIn.
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