Duke Energy (DUK) Raises Quarterly Dividend 3.8% to $0.825; 4.5% Yield

Go back to Duke Energy (DUK) Raises Quarterly Dividend 3.8% to $0.825; 4.5% Yield

Duke Energy increases quarterly dividend payment by approximately 4 percent; future annual dividend growth expected to track long-term growth in adjusted diluted earnings per share

July 7, 2015 8:02 AM EDT

CHARLOTTE, N.C., July 7, 2015 /PRNewswire/ -- Duke Energy today declared a quarterly cash dividend on its common stock of $0.825 per share, an increase of $0.03 per share, or 3.8 percent.

This is double the rate at which the dividend has grown annually since 2010.

The dividend is payable on Sept. 16, 2015, to shareholders of record at the close of business Aug. 14, 2015.

"For... More