| CHARLOTTE,
N.C., June 22 /PRNewswire-FirstCall/ -- Duke Energy (NYSE: DUK) today declared
a quarterly cash dividend on its common stock of $0.245 per share, an increase
of a half-cent over the previous level. The dividend is payable on Sept. 16, 2010,
to shareholders of record at the close of business Aug. 13, 2010. "The
dividend increase announced today is consistent with our previously stated objective
to continue growing the dividend but at a slower rate than the long-term growth
in our adjusted-diluted earnings per share," said James E.
Rogers, chairman,
president and CEO. "During this period of significant reinvestment in the
business, our board has recognized the importance of delivering returns to our
investors while maintaining the strength of our balance sheet." This
is the 84th consecutive year that Duke Energy has paid a quarterly cash dividend
on its common stock. Headquartered
in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York
Stock Exchange under the symbol DUK. More information about the company is available
on the Internet at: www.duke-energy.com. To learn more and contribute to the discussion
about the energy issues of today and the possibilities of tomorrow see www.sheddingalight.org.
MEDIA CONTACT: Tom Shiel
Phone: 704-382-2355
24-Hour: 800-559-3853
ANALYSTS: Bill Currens
Phone: 704-382-1603 SOURCE
Duke Energy |
