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Duke Energy Increased Its Quarterly Dividend by 4.2%

Duke Energy Increased Its Quarterly Dividend by 4.2%

The largest regulated utility in the country, Duke Energy (DUK), increased its quarterly dividend by 4.2% to $0.93 per share. In the last quarter, it paid a per-share dividend of $0.89. The dividend is payable on September 17 to shareholders of record on August 17. With this increase, Duke Energy is expected to pay annualized dividends of $3.71 per share in the next 12 months.