The revised dividend, which amounts to $4.34 on an annualized basis, offers a 3.4% yield calculated against the company’s closing stock price of $126.86 on Monday. Payments are scheduled for distribution on September 16 to investors who hold the stock as of the August 14 record date.
Duke Energy Announces Quarterly Dividend Increase
Duke Energy shareholders will see a modest bump in their income as the utility provider lifts its quarterly dividend to $1.085 per share. This 1.9% increase marks a steady adjustment for the company, moving from the previous payout of $1.065 and reflecting a focus on consistent investor returns.
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