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Duke Energy Corporation (DUK) logo

Duke Energy Corporation

S&P 500
DUK|Utilities|Utilities - Regulated Electric|$124.17|P/E 19.1|MCap 96.8B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

62/ 100Safe

DUK's dividend appears safe and well-supported. Strengths include a 65.2% earnings payout ratio & 26.8% cfo payout ratio. Areas of concern: 194.8% fcf payout ratio & 2.6x interest coverage. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • CFO Payout Ratio: 26.8%Operating cash flow strongly supports the payout.
  • Operating Margin: 25.5%Healthy operating margin provides a wide buffer.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • FCF Payout Ratio: 194.8%Free cash flow is tight relative to the dividend.
  • Current Ratio: 0.7xLimited short-term liquidity to meet obligations.
  • Interest Coverage: 2.6xInterest coverage is thin relative to debt servicing.

Payout & Coverage

Caution
Earnings Payout Ratio
65.2%Safe
FCF Payout Ratio
194.8%Danger
CFO Payout Ratio
26.8%Very Safe
Interest Coverage
2.6xWarning

Balance Sheet

Caution
Net Debt / Total Assets
46.3%Caution
Current Ratio
0.7xDanger
Debt-to-Equity
161.5Safe

Profitability

Safe
Return on Equity
9.7%Caution
Operating Margin
25.5%Very Safe
Gross Margin
48.8%Safe
Profit Margin Stability
VolatileWarning

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
2.0%Caution
Earnings Stability
GrowingVery Safe

About Duke Energy Corporation

Duke Energy Corporation is one of the largest energy holding companies in the United States, operating as a leading electric and natural gas utility provider. Through its Electric Utilities and Infrastructure segment, it generates, transmits, distributes, and sells electricity to millions of customers across the Southeast, Midwest, Florida, Ohio, Kentucky, Indiana, and the Carolinas, utilizing a diverse energy mix including coal, hydroelectric, natural gas, oil, renewables, and nuclear sources. The company also engages in wholesale electricity sales to municipalities and cooperatives. Its Gas Utilities and Infrastructure segment distributes natural gas to residential, commercial, industrial, and power generation customers while investing in pipeline transmission, renewable natural gas projects, and storage facilities. Duke Energy Corporation focuses on modernizing the energy grid, generating cleaner energy, and expanding natural gas infrastructure to enhance service reliability for communities. Founded in 1904 and headquartered in Charlotte, North Carolina, it plays a vital role in powering homes, businesses, and industries in key U.S. regions.

Dividend Overview

Dividend Yield

3.41%

Annual Dividend

$4.24

Frequency

Quarterly

Payout Ratio

65.23%

FCF Payout Ratio

194.81%

Stock Price

$124.17

52-Week Range

$111.22 $134.49

Dividend History (2016–2025)

DUK annual dividend per share and yield history

Earnings & Profitability

DUK earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

May 15, 2026

Last Payment Date

March 16, 2026

Dividend Growth

3-Year Dividend CAGR

1.97%

5-Year Dividend CAGR

2.01%

10-Year Dividend CAGR

2.68%

3-Year Total Growth

6.03%

5-Year Total Growth

10.47%

10-Year Total Growth

30.25%

Income Calculator

DUK Dividend Calculator

Total Investment

$12,417.00

Annual Income

$424.00

Quarterly Income

$106.00

Monthly Income

$35.33

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Frequently Asked Questions

What is DUK's current dividend yield?
Duke Energy Corporation (DUK) currently has a dividend yield of 3.41%, based on a stock price of $124.17 and an annual dividend of $4.24.
When is DUK's next dividend payment date?
DUK's next ex-dividend date is 2026-05-15 and the next payment date is 2026-03-16. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does DUK pay in dividends per year?
Duke Energy Corporation paid $4.22 per share in annual dividends in 2025. The dividends are paid quarterly.
Has DUK been increasing its dividend?
Duke Energy Corporation has grown its dividend at a 5-year CAGR of 2.01% and a 10-year CAGR of 2.68%.
Is DUK's dividend safe?
Duke Energy Corporation has a payout ratio of 65.23%. Its free cash flow payout ratio is 194.81%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is DUK's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Duke Energy Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for utilities companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.