Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; and uses coal, hydroelectric, natural gas, oil, renewable generation, and nuclear fuel to generate electricity. It also engages in the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities. This segment serves approximately 8.2 million customers in 6 states in the Southeast and Midwest regions of the United States covering a service territory of approximately 91,000 square miles; and owns approximately 50,259 megawatts (MW) of generation capacity. The Gas Utilities and Infrastructure segment distributes natural gas to residential, commercial, industrial, and power generation natural gas customers; and owns, operates, and invests in pipeline transmission and natural gas storage facilities. It has approximately 1.6 million customers, including 1.1 million customers in North Carolina, South Carolina, and Tennessee, as well as 550,000 customers in southwestern Ohio and northern Kentucky. The Commercial Renewables segment acquires, owns, develops, builds, and operates wind and solar renewable generation projects, including nonregulated renewable energy and energy storage services to utilities, electric cooperatives, municipalities, and corporate customers. It has 23 wind, 178 solar, and 2 battery storage facilities, as well as 71 fuel cell locations with a capacity of 3,554 MW across 22 states. The company was formerly known as Duke Energy Holding Corp. and changed its name to Duke Energy Corporation in April 2005. The company was founded in 1904 and is headquartered in Charlotte, North Carolina.
Duke Energy Dividend Announcement
• Duke Energy announced a quarterly dividend of $1.04 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-15
• Duke Energy annual dividend for 2024 was $4.14
• Duke Energy annual dividend for 2023 was $4.06
• Duke Energy's trailing twelve-month (TTM) dividend yield is 3.8%
• Duke Energy's payout ratio for the trailing twelve months (TTM) is 92.18%
• Duke Energy's dividend growth over the last five years (2018-2023) was 2.24% year
• Duke Energy's dividend growth over the last ten years (2013-2023) was 2.77% year
Duke Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $1.04 | quarterly | 2024-12-16 |
2024-08-16 | $1.04 | quarterly | 2024-09-16 |
2024-05-16 | $1.02 | quarterly | 2024-06-17 |
2024-02-15 | $1.02 | quarterly | 2024-03-18 |
2023-11-16 | $1.02 | quarterly | 2023-12-18 |
2023-08-17 | $1.02 | quarterly | 2023-09-18 |
2023-05-11 | $1.00 | quarterly | 2023-06-16 |
2023-02-16 | $1.00 | quarterly | 2023-03-16 |
2022-11-17 | $1.00 | quarterly | 2022-12-16 |
2022-08-11 | $1.00 | quarterly | 2022-09-16 |
2022-05-12 | $0.98 | quarterly | 2022-06-16 |
2022-02-17 | $0.98 | quarterly | 2022-03-16 |
2021-11-10 | $0.98 | quarterly | 2021-12-16 |
2021-08-12 | $0.98 | quarterly | 2021-09-16 |
2021-05-13 | $0.96 | quarterly | 2021-06-16 |
2021-02-11 | $0.96 | quarterly | 2021-03-16 |
2020-11-12 | $0.96 | quarterly | 2020-12-16 |
2020-08-13 | $0.96 | quarterly | 2020-09-16 |
2020-05-14 | $0.94 | quarterly | 2020-06-16 |
2020-02-13 | $0.94 | quarterly | 2020-03-16 |
2019-11-14 | $0.94 | quarterly | 2019-12-16 |
2019-08-15 | $0.94 | quarterly | 2019-09-16 |
2019-05-16 | $0.93 | quarterly | 2019-06-17 |
2019-02-14 | $0.93 | quarterly | 2019-03-18 |
2018-11-15 | $0.93 | quarterly | 2018-12-17 |
2018-08-16 | $0.93 | quarterly | 2018-09-17 |
2018-05-17 | $0.89 | quarterly | 2018-06-18 |
2018-02-15 | $0.89 | quarterly | 2018-03-16 |
2017-11-16 | $0.89 | quarterly | 2017-12-18 |
2017-08-16 | $0.89 | quarterly | 2017-09-18 |
2017-05-17 | $0.85 | quarterly | 2017-06-16 |
2017-02-15 | $0.85 | quarterly | 2017-03-16 |
2016-11-16 | $0.85 | quarterly | 2016-12-16 |
2016-08-10 | $0.85 | quarterly | 2016-09-16 |
2016-05-18 | $0.82 | quarterly | 2016-06-16 |
2016-02-10 | $0.82 | quarterly | 2016-03-16 |
2015-11-10 | $0.82 | quarterly | 2015-12-16 |
2015-08-12 | $0.82 | quarterly | 2015-09-16 |
2015-05-13 | $0.80 | quarterly | 2015-06-16 |
2015-02-11 | $0.80 | quarterly | 2015-03-16 |
2014-11-12 | $0.80 | quarterly | 2014-12-16 |
2014-08-13 | $0.80 | quarterly | 2014-09-16 |
2014-05-14 | $0.78 | quarterly | 2014-06-16 |
2014-02-12 | $0.78 | quarterly | 2014-03-17 |
2013-11-13 | $0.78 | quarterly | 2013-12-16 |
2013-08-14 | $0.78 | quarterly | 2013-09-16 |
2013-05-15 | $0.77 | quarterly | 2013-06-17 |
2013-02-13 | $0.77 | quarterly | 2013-03-18 |
Duke Energy Dividend per year
Duke Energy Dividend growth
Duke Energy Dividend Yield
Duke Energy current trailing twelve-month (TTM) dividend yield is 3.8%. Interested in purchasing Duke Energy stock? Use our calculator to estimate your expected dividend yield:
Duke Energy Financial Ratios
Duke Energy Dividend FAQ
Other factors to consider when evaluating Duke Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Duke Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Duke Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Duke Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Duke Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Duke Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Duke Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Duke Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Duke Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Duke Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.