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Duke Energy increases quarterly dividend payment by 4.1 percent

- This is the 91st consecutive year in which the company has paid a dividend - Dividends per share have increased by more than 30 percent since 2007

July 7, 2017 11:08 AM EDT

CHARLOTTE, N.C., July 7, 2017 /PRNewswire/ -- Duke Energy today declared a quarterly cash dividend on its common stock of $0.890 per share, an increase of $0.035 per share, or 4.1 percent.

The dividend is payable on Sept. 18, 2017, to shareholders of record at the close of business Aug. 18, 2017.

"Today's announcement demonstrates confidence in our strategy that produces real results for our customers and balanced growth in earnings for our investors," said Lynn Good, chairman, president and CEO. "This increase confirms our expectation to grow the dividend in line with our long-term earnings per share growth rate of 4-6 percent."

About Duke Energy

Duke Energy is a Fortune 125 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at duke-energy.com

The Duke Energy News Center serves as a multimedia resource for journalists and features news releases, helpful links, photos and videos. Hosted by Duke Energy, illumination is an online destination for stories about people, innovations, and community and environmental topics. It also offers glimpses into the past and insights into the future of energy.

Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Media contact: Catherine Butler  24-Hour: 800.559.3853

Analyst contact: Mike Callahan  704.382.0459

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/duke-energy-increases-quarterly-dividend-payment-by-41-percent-300484634.html

SOURCE Duke Energy



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