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CHARLOTTE - Duke Energy (NYSE:DUK) announced Tuesday it has declared a quarterly cash dividend of $1.065 per share on its common stock, payable on Dec. 16, 2025, to shareholders of record as of Nov. 14, 2025. The utility giant currently offers a 3.38% dividend yield and has raised its dividend for 17 consecutive years, according to InvestingPro data.
The energy holding company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share, equivalent to $0.359375 per depositary share, with the same payment and record dates.
Duke Energy noted in its press release statement that it has maintained a cash dividend on its common stock for 99 consecutive years.
Based in Charlotte, North Carolina, Duke Energy serves 8.6 million electric customers across six states and 1.7 million natural gas customers across five states. The Fortune 150 company owns 55,100 megawatts of energy capacity through its electric utilities.
The company operates in North Carolina, South Carolina, Florida, Indiana, Ohio, Kentucky, and Tennessee, providing both electric and natural gas services depending on the region.
In other recent news, Duke Energy’s second-quarter earnings report revealed earnings per share of $1.25, surpassing both BMO Capital’s estimate of $1.21 and the consensus estimate of $1.18. Following this report, BMO Capital adjusted its price target for Duke Energy to $132.00 from $131.00, while maintaining an Outperform rating. Additionally, Evercore ISI initiated coverage on Duke Energy with an Outperform rating and set a price target of $143.00, highlighting the company’s premium-service state territories and significant load growth pipeline. Scotiabank also upgraded Duke Energy to Sector Outperform, citing strong fundamental trends and a quiet regulatory calendar, raising its price target to $137.00 from $128.00. Conversely, Jefferies downgraded Duke Energy from Buy to Hold, adjusting the price target to $134.00 from $141.00, due to limited potential for multiple expansion after successful balance sheet de-risking efforts. In other company developments, Duke Energy announced the appointment of Jeffrey Guldner to its board of directors, effective September 15. Guldner, who recently retired as chairman, president, and CEO of Pinnacle West Capital Corporation, will serve on the Compensation and People Development Committee and Finance and Risk Management Committee. These recent developments offer a comprehensive view of Duke Energy’s current position and strategic moves.
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