Duke Energy Declares Fresh Dividend

Duke Energy (NYSE: DUK  ) is continuing to pump out payments for shareholders. The company announced it will distribute a dividend of $0.765 per share of its common stock. This is to be paid on June 17 to shareholders of record as of May 17. This matches each of the utility group's previous three payouts, the most recent of which was handed out in mid-March.

In the press release announcing the move, the firm pointed out that this is the 87th year in a row it has paid dividends.

The current distribution annualizes to $3.06 per share. That yields 4.1% at Duke Energy's current stock price of $74.78.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2405475, ~/Articles/ArticleHandler.aspx, 8/1/2014 10:25:50 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement