#United States #Charlotte #Duke Energy #dividends #Energy Transition

Duke Energy's Dividend Announcement

Duke Energy, one of America's leading energy holding companies, has declared a quarterly cash dividend of $1.045 per share, reaffirming its long-standing commitment to providing value to its shareholders. This dividend is set to be payable on June 16, 2025, to those who are recognized as shareholders by the close of business on May 16, 2025. Additionally, the company announced a dividend on its Series A preferred stock of $359.375 per share, also to be distributed on the same date to shareholders on record.

This announcement signifies a continuation of Duke Energy's tradition of paying dividends for 99 consecutive years, showcasing the company's stability and commitment to its investors.

A Snapshot of Duke Energy

Duke Energy operates as a Fortune 150 company, headquartered in Charlotte, North Carolina. The utility has a significant reach, providing electrical services to approximately 8.6 million customers across multiple states, including North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky, while boasting 55,100 megawatts of energy capacity. Furthermore, Duke Energy's natural gas services extend to 1.7 million customers in regions such as North Carolina, South Carolina, Tennessee, Ohio, and Kentucky.

In recent years, Duke Energy has been at the forefront of transitioning towards a more sustainable energy model. The company is focused on enhancing customer reliability and value while investing in cleaner energy solutions. This includes updates to the electric grid as well as advancements in cleaner generation technologies, such as natural gas, nuclear, and renewable energy sources.

Commitment to Energy Transition

Duke Energy is currently engaged in an ambitious energy transition, aiming to build a smarter energy future. The investments made by the company in major grid upgrades and renewable energy generation reflect its commitment to environmental sustainability and customer satisfaction. The company actively explores and implements new technologies that will contribute to a more efficient and sustainable energy landscape.

Duke Energy emphasizes transparency and communication with its stakeholders. Further information regarding the company's operations, investment strategies, and energy transition efforts is available through the Duke Energy website and its various social media channels including X, LinkedIn, Instagram, and Facebook. Additionally, the illumination platform is available for stories about the people and innovations driving this energy transition.

As Duke Energy continues to evolve in alignment with industry trends and consumer needs, their strategic initiatives demonstrate a clear commitment to sustainability while ensuring that shareholder returns remain a top priority. The upcoming dividend payment serves as a reaffirmation of this commitment, promising continued investor confidence as the company navigates the challenges and opportunities within the energy sector.

In conclusion, Duke Energy remains a prominent player in the energy industry, not just due to its capacity and customer base, but also for its forward-thinking approach to environmental stewardship and shareholder value. The declared dividends epitomize its dedication to sustaining shareholder relationships while adapting to the changing energy landscape.