What Is the History of Dividend Payments From Duke Energy Corporation?


Quick Answer

From 2005 to 2015, Duke Energy Corporation paid dividends per share that ranged from $2.58 in 2007 to $3.78 in 2006, and the trailing 12-month dividend is $3.18, according to Morningstar. The five-year average dividend yield of 4.5 percent is the same as the current dividend yield, as reported by Reuters.

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Full Answer

Duke Energy Corporation, an electric utility company that operates in the United States and Latin America, paid dividends that averaged $3.06 per share from 2005 to 2015, notes Morningstar. In 2006, Duke Energy paid its highest dividend per share of $3.78, which subsequently declined to $2.58 in 2007 as a result of deterioration of earnings. As of July 2015, the trailing 12-month dividends per share of $3.18 showed signs of rebound, but the current dividend is still below the 2006 peak. The five-year growth rate of the dividend per share is 2.24 percent, which is much higher compared to the growth rate of 0.6 percent for comparable electric utilities, according to Reuters.

Duke Energy Corporation has one of the highest dividend yields among electric utilities. The current dividend yield of 4.5 percent is almost the same as the five-year average dividend yield, which is much higher than the five-year average yield of 1.84 percent for electric utilities.

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