|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||76.74 - 77.73|
|52 Week Range||72.93 - 91.80|
|PE Ratio (TTM)||17.79|
|Earnings Date||May 7, 2018 - May 11, 2018|
|Forward Dividend & Yield||3.56 (4.64%)|
|1y Target Est||81.79|
CHARLOTTE, N.C., March 15, 2018 /PRNewswire/ -- Duke Energy is committing $500,000 to help fund an American Lung Association program targeting high-emitting wood stoves in North Carolina – replacing them with cleaner, more efficient models. "Over the past decade, Duke Energy has steadily improved air emissions from its power generation fleet, and we continue to focus on improving air quality in other ways in North Carolina," said David Fountain, Duke Energy's North Carolina president.
RLI, Energy Transfer Equity, and Duke Energy have one big thing in common. They are on my list of the best dividend stocks which have generously contributed to my portfolioRead More...
CHARLOTTE, N.C., March 9, 2018 /PRNewswire/ -- Duke Energy Corporation (DUK) ("Duke Energy") announced today the closing of its underwritten public offering of 21,275,000 shares of its common stock in connection with the forward sale agreements described below, which included the underwriters' full exercise of their over-allotment option to purchase up to an additional 2,775,000 shares of Duke Energy's common stock. Credit Suisse, J.P. Morgan, Barclays, Goldman Sachs & Co. LLC, BofA Merrill Lynch, Citigroup, Morgan Stanley and Wells Fargo Securities acted as joint book-running managers of the offering. In connection with the offering, Duke Energy entered into forward sale agreements with affiliates of each of Credit Suisse and J.P. Morgan ("forward counterparties") under which Duke Energy agreed to issue and sell to the forward counterparties (subject to Duke Energy's right to cash settle or net share settle the forward sale agreements) 21,275,000 shares of its common stock at the initial forward sale price of $74.0720.
On average, utilities (XLU) are expected to increase their dividend per share 4%–6% for the next few years—in line with their earnings growth. Interestingly, NextEra Energy’s (NEE) above average dividend growth is expected to continue for the next few years—mainly because of its higher earnings growth. NextEra Energy is aiming for annual dividend growth of ~13% for the next few years.
A new federal rule requires corporations to report the median compensation, which includes salary plus benefits, paid to workers in the company and compare that to the CEO’s compensation. Good’s compensation last year was boosted by a one-time “retention grant” of company equity valued at $7 million. The grant requires that Duke achieve an average return on equity of at least 10% from 2017 through 2019.
N.C. regulators gave final approval of a Duke Energy Progress’ 4.7% rate increase Thursday and ordered that the rates become effective next week. The increase will raise about $194 million in additional ...
CHARLOTTE, N.C., March 8, 2018 /PRNewswire/ -- With this week being the 20th anniversary of National Consumer Protection Week, Piedmont Natural Gas is again taking the opportunity to educate its customers and communities on how to avoid being victims of utility scammers. "Given the many ways people can fall victims to scams, this is a message that simply can't be shared too often," said Jared Lawrence, vice president of meter services and Piedmont Natural Gas customer operations, and executive chairman of Utilities United Against Scams (UUAS). UUAS has made available a Consumer's Guide to Imposter Utility Scams, which provides descriptions of the many scams that target utility customers and tools they can use to protect themselves.