Duke Energy Raises Dividend to $1.065 Per Share

Duke Energy has declared a quarterly cash dividend of $1.065 per share, up $0.02 from the previous quarter. The dividend is payable on September 16, 2025, to shareholders of record on August 15, 2025. The increase reflects the company's continued commitment to returning value to its shareholders.

Duke Energy (NYSE: DUK) has announced a quarterly cash dividend increase of $0.02 per share, raising the payout to $1.065 per share. The dividend, payable on September 16, 2025, will be distributed to shareholders of record on August 15, 2025 [1].

This increase, which marks the 99th consecutive year of dividend payments by the Charlotte, North Carolina-based energy giant, reflects the company's commitment to returning value to its shareholders. The new dividend equates to an annual yield of approximately 3.6%, based on Monday's closing price of $117.93 [1].

In addition to the common stock dividend, Duke Energy also declared a quarterly cash dividend on its Series A preferred stock of $359.38 per share, equivalent to about $0.36 per depositary share, also payable on September 16, 2025 [1, 2].

Duke Energy, a Fortune 150 company, serves 8.6 million customers across six states and owns 55,100 megawatts of energy capacity. The company is executing an ambitious energy transition, investing in major electric grid upgrades and cleaner generation sources such as natural gas, nuclear, renewables, and energy storage [2, 3].

The company's recent earnings report showed strong financial performance, with earnings per share (EPS) of $1.76 for the quarter ending May 6, 2025, exceeding analysts' consensus estimates by $0.17 [4]. The company's revenue for the quarter was $8.25 billion, up 7.5% year-over-year.

Analysts have generally been positive about Duke Energy's stock, with ten out of seventeen analysts rating it a "buy" and seven rating it a "hold." The consensus price target is $126.88, with some analysts, such as Citigroup, setting a price target of $142.00 [4].

Institutional investors own 65.31% of the company's stock, with some hedge funds such as Leo Wealth LLC and Vermillion Wealth Management Inc. increasing their stakes in the company [4].

References:
[1] https://www.morningstar.com/news/dow-jones/202507156949/duke-energy-raises-quarterly-dividend
[2] https://finance.yahoo.com/news/duke-energy-announces-dividend-payments-170000368.html
[3] https://www.prnewswire.com/news-releases/duke-energy-announces-dividend-payments-to-shareholders-302505832.html
[4] https://www.marketbeat.com/instant-alerts/filing-leo-wealth-llc-sells-3471-shares-of-duke-energy-corporation-nyseduk-2025-07-14/