Duke Energy is a stable option for income investors, especially in uncertain markets, thanks to its dependable dividends. The company has a solid operational performance, featuring a 3.6% dividend yield supported by 14 years of growth and a reasonable payout ratio. Additionally, its preferred stock offers a higher yield of 5.8% with extra security, currently trading just below its par value.
After more than 300 days without a correction in the stock market, we might be approaching one soon.
Duke Energy (DUK) has recently caught the attention of Zacks.com users. Therefore, it's important to look into what the future holds for this stock.
The locations will be in Madison, Sumter, Hernando, and Jefferson counties, and they are set to be finished by the summer of 2026. Together, these sites are projected to save customers $843 million throughout their operational years. This information comes from St. Petersburg, Florida.
Grant supplies important items before the storm season, and Duke Energy workers volunteer to put together severe weather kits in St. Petersburg, Florida.
CHARLOTTE, N.C., Feb. 18, 2025 /PRNewswire/ -- Duke Energy has announced that Katherine Neebe, who is currently the senior vice president and chief sustainability officer, will take on the role of chief communications officer (CCO) starting on February 24.
A combination of snow and ice may lead to power outages in certain areas. Customers are advised to get ready for possible outages. Duke Energy is keeping an eye on the weather forecasts and making preparations.
DUK's earnings for the fourth quarter of 2024 exceeded expectations, and their revenue grew compared to the previous year.
Duke Energy (DUK) reported quarterly earnings of $1.66 per share, which is higher than the Zacks Consensus Estimate of $1.61 per share. This is an increase compared to last year's earnings of $1.51 per share.
CHARLOTTE, N.C., Feb. 13, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) has released its financial results for the fourth quarter and the entire year of 2024. You can find the news release on the company's website at duke-energy.com/investors.