Duke Energy increases quarterly dividend payment by 4.1 percent

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.

New Duke Energy logo. (PRNewsFoto/Duke Energy)

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.

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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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