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Duke Energy announces dividend payments to shareholders
ncarol.com/10239824

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CHARLOTTE, N.C., Oct. 23, 2023 ~ Duke Energy (NYSE: DUK) has declared a quarterly cash dividend of $1.025 per share on its common stock, payable on December 18, 2023 to shareholders of record at the close of business on November 17, 2023. The company has also declared a quarterly cash dividend of $359.375 per share on its Series A preferred stock, equivalent to $0.359375 per depositary share, payable on the same date to shareholders of record at the close of business on November 17, 2023.

Duke Energy is a Fortune 150 company headquartered in Charlotte, North Carolina and is one of America's largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky and employs 27,600 people across the country.

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The company is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. It has interim carbon emission targets of at least 50% reduction from electric generation by 2030; 50% for Scope 2 and certain Scope 3 upstream and downstream emissions by 2035; and 80% from electric generation by 2040. Duke Energy is also investing in major electric grid enhancements and energy storage as well as exploring zero-emission power generation technologies such as hydrogen and advanced nuclear power plants.

Duke Energy has paid a cash dividend on its common stock for 97 consecutive years and was recently named to Fortune's 2023 "World's Most Admired Companies" list as well as Forbes' "World's Best Employers" list. For more information about Duke Energy visit duke-energy.com or follow them on Twitter, LinkedIn, Instagram or Facebook for news releases, fact sheets photos and videos from the Duke Energy News Center or stories about people innovations community topics and environmental issues through their illumination feature stories series.
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