Duke Energy Corporation

(New York Stock Exchange)
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Neutral +10

DUK Dividend History: 3.47% Yield Β· $1.08 quarterly | MerryDiv

Dividend AI-generated analysis

πŸ“Š Duke Energy (DUK) trades at $124.98 per share with a current annual dividend of $4.26, resulting in a yield of 3.47%.

πŸ“ˆ The company has increased its dividend for 19 consecutive years and has paid dividends without interruption for 44 years.

πŸ›‘οΈ DUK exhibits low price volatility with a beta of 0.345, making it suitable for income-focused investors prioritizing stability over share price gains.

πŸ’° The utility pays out 64.2% of its earnings as dividends, a ratio supported by regulated operations but leaving limited room to absorb earnings pressure.

πŸ“‰ Dividend growth has been slow with a CAGR of 2.5% from 2011 to 2025, rarely exceeding 4.2% in any single year.

⚑ Duke Energy operates through Electric Utilities and Infrastructure and Gas Utilities and Infrastructure segments across the Southeast and Midwest regions.

Bullish Signals
  • Duke Energy has maintained a streak of 19 consecutive years of dividend growth and paid dividends uninterrupted for 44 years, demonstrating long-term commitment to shareholder returns.
  • The company's low beta of 0.345 reflects minimal price volatility, providing stability that suits income-focused investors who prioritize payment predictability over capital appreciation.
Risk Factors
  • Duke Energy pays out 64.2% of earnings as dividends, a ratio classified as elevated that leaves limited room to absorb earnings pressure without slowing dividend growth.
  • The company's slow dividend growth rate of 2.5% per year barely keeps up with typical inflation, offering predictability but lacking meaningful income acceleration for investors.
Full Analysis
Duke Energy Corporation (DUK) is a regulated utility operating in the Southeast and Midwest, generating and distributing electricity alongside natural gas distribution. As of October 25, 2026, the company trades at $124.98 per share with an annual dividend of $4.26, yielding 3.47%. The stock has maintained a streak of 19 consecutive years of dividend growth and has paid dividends uninterrupted for 44 years, positioning it as a long-standing income play in the utility sector. The company's financial profile reflects a conservative approach typical of regulated utilities, with a beta of 0.345 indicating low price volatility suitable for income-focused investors. Duke Energy pays out 64.2% of its earnings as dividends, a ratio classified as elevated but supported by the predictable revenue base inherent in its residential, commercial, and industrial utility operations. Historical dividend growth has been modest, with a compound annual growth rate (CAGR) of 2.5% from 2011 to 2025. Per-share payments increased from $2.97 to $4.22 over this period, with single-year increases rarely exceeding 4.2%. While the current yield is slightly below its five-year average, the slow growth pace suggests the dividend barely keeps up with typical inflation, offering predictability rather than significant capital appreciation or rapid income acceleration.