Current Yield
3.39%
TTM Dividend/Share
$4.26
Payment Frequency
Quarterly
Payout Ratio
65.2%
Consecutive Growth Years
20 (Dividend Contender)
Key takeaways
- Dividend Contender — Duke Energy (DUK) has raised its dividend for 20 consecutive years.
- Duke Energy (DUK) currently yields 3.39%, paying $4.26 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 65.2% — the share of earnings distributed as dividends.
- 6 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 2.01% (growth is decelerating).
Dividend yield valuation for Duke Energy (DUK)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Near average — fair value |
Current yield (now) | 3.39% |
1-year average yield | 3.62%now 0.23 pp below |
3-year average yield | 3.94%now 0.55 pp below |
5-year average yield | 3.94%now 0.55 pp below |
DUK: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Duke Energy (DUK)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 5.4% |
FCF payout ratio | 12.8% |
Net debt / EBITDA | 5.6x |
Interest coverage | 2.42x |
ROIC (TTM) | 5.9% |
Dividend safety score for Duke Energy (DUK)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
6 of 8 checks passed
Payout ratio below 75%
Payout ratio is 65.2%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $121M — FCF fully covers the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
20 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 12.8%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 5.6x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (2.0%) exceeds EPS growth (1.9%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
173 payments from 1983 to 2026 · Adj. Dividend is split-adjusted
| May 15, 2026 | Jun 16, 2026 | $1.0650 | $1.0650 |
| Feb 13, 2026 | Mar 16, 2026 | $1.0650 | $1.0650 |
| Nov 14, 2025 | Dec 16, 2025 | $1.0650 | $1.0650 |
| Aug 15, 2025 | Sep 16, 2025 | $1.0650 | $1.0650 |
| May 16, 2025 | Jun 16, 2025 | $1.0450 | $1.0450 |
| Feb 14, 2025 | Mar 17, 2025 | $1.0450 | $1.0450 |
| Nov 15, 2024 | Dec 16, 2024 | $1.0450 | $1.0450 |
| Aug 16, 2024 | Sep 16, 2024 | $1.0450 | $1.0450 |
| May 16, 2024 | Jun 17, 2024 | $1.0250 | $1.0250 |
| Feb 15, 2024 | Mar 18, 2024 | $1.0250 | $1.0250 |
| Nov 16, 2023 | Dec 18, 2023 | $1.0250 | $1.0250 |
| Aug 17, 2023 | Sep 18, 2023 | $1.0250 | $1.0250 |
- May 15, 2026$1.0650
- Feb 13, 2026$1.0650
- Nov 14, 2025$1.0650
- Aug 15, 2025$1.0650
- May 16, 2025$1.0450
- Feb 14, 2025$1.0450
- Nov 15, 2024$1.0450
- Aug 16, 2024$1.0450
- May 16, 2024$1.0250
- Feb 15, 2024$1.0250
- Nov 16, 2023$1.0250
- Aug 17, 2023$1.0250
Historical dividend yield for Duke Energy (DUK)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 3.62%5Y: 3.94%10Y: 4.04%
Dividend per share for Duke Energy (DUK)
CAGR (per year)1Y: 1.93%5Y: 2.01%10Y: 2.68%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1983 | $0.76 | 3 |
| 1984 | $1.05 | 4 |
| 1985 | $1.09 | 4 |
| 1986 | $1.15 | 4 |
| 1987 | $1.19 | 4 |
| 1988 | $1.26 | 4 |
| 1989 | $1.32 | 4 |
| 1990 | $1.39 | 4 |
| 1991 | $1.46 | 4 |
| 1992 | $1.53 | 4 |
| 1993 | $1.60 | 4 |
| 1994 | $1.67 | 4 |
| 1995 | $1.74 | 4 |
| 1996 | $1.81 | 4 |
| 1997 | $1.88 | 4 |
| 1998 | $1.92 | 4 |
| 1999 | $1.92 | 4 |
| 2000 | $1.92 | 4 |
| 2001 | $1.92 | 4 |
| 2002 | $1.92 | 4 |
| 2003 | $1.92 | 4 |
| 2004 | $1.92 | 4 |
| 2005 | $3.12 | 4 |
| 2006 | $2.20 | 4 |
| 2007 | $2.58 | 4 |
| 2008 | $2.70 | 4 |
| 2009 | $2.82 | 4 |
| 2010 | $2.91 | 4 |
| 2011 | $2.97 | 4 |
| 2012 | $3.03 | 4 |
| 2013 | $3.09 | 4 |
| 2014 | $3.15 | 4 |
| 2015 | $3.24 | 4 |
| 2016 | $3.36 | 4 |
| 2017 | $3.49 | 4 |
| 2018 | $3.63 | 4 |
| 2019 | $3.75 | 4 |
| 2020 | $3.82 | 4 |
| 2021 | $3.90 | 4 |
| 2022 | $3.98 | 4 |
| 2023 | $4.06 | 4 |
| 2024 | $4.14 | 4 |
| 2025 | $4.22 | 4 |
| 2026 | $2.13 | 2 |
Dividend growth for Duke Energy (DUK)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $4.2200 | — | — |
| 2025 | $4.1400 | $4.2200 | +1.9% |
| 2024 | $4.0600 | $4.1400 | +2.0% |
| 2023 | $3.9800 | $4.0600 | +2.0% |
| 2022 | $3.9000 | $3.9800 | +2.1% |
| 2021 | $3.8200 | $3.9000 | +2.1% |
| 2020 | $3.7450 | $3.8200 | +2.0% |
| 2019 | $3.6350 | $3.7450 | +3.0% |
| 2018 | $3.4900 | $3.6350 | +4.2% |
| 2017 | $3.3600 | $3.4900 | +3.9% |
| 2016 | $3.2400 | $3.3600 | +3.7% |
| 2015 | $3.1500 | $3.2400 | +2.9% |
| 2014 | $3.0900 | $3.1500 | +1.9% |
| 2013 | $3.0300 | $3.0900 | +2.0% |
| 2012 | $2.9700 | $3.0300 | +2.0% |
| 2011 | $2.9100 | $2.9700 | +2.1% |
| 2010 | $2.8200 | $2.9100 | +3.2% |
| 2009 | $2.7000 | $2.8200 | +4.4% |
| 2008 | $2.5800 | $2.7000 | +4.7% |
| 2007 | $2.1966 | $2.5800 | +17.5% |
| 2006 | $3.1205 | $2.1966 | -29.6% |
| 2005 | $1.9176 | $3.1205 | +62.7% |
| 2004 | $1.9176 | $1.9176 | 0.0% |
| 2003 | $1.9176 | $1.9176 | 0.0% |
| 2002 | $1.9176 | $1.9176 | 0.0% |
| 2001 | $1.9176 | $1.9176 | 0.0% |
| 2000 | $1.9176 | $1.9176 | 0.0% |
| 1999 | $1.9176 | $1.9176 | 0.0% |
| 1998 | $1.8828 | $1.9176 | +1.9% |
| 1997 | $1.8130 | $1.8828 | +3.8% |
| 1996 | $1.7433 | $1.8130 | +4.0% |
| 1995 | $1.6736 | $1.7433 | +4.2% |
| 1994 | $1.6038 | $1.6736 | +4.3% |
| 1993 | $1.5341 | $1.6038 | +4.5% |
| 1992 | $1.4644 | $1.5341 | +4.8% |
| 1991 | $1.3946 | $1.4644 | +5.0% |
| 1990 | $1.3249 | $1.3946 | +5.3% |
| 1989 | $1.2552 | $1.3249 | +5.6% |
| 1988 | $1.1942 | $1.2552 | +5.1% |
| 1987 | $1.1506 | $1.1942 | +3.8% |
| 1986 | $1.0939 | $1.1506 | +5.2% |
| 1985 | $1.0547 | $1.0939 | +3.7% |
| 1984 | — | $1.0547 | — |
- 2026—
- 2025$4.2200
- 2024$4.1400
- 2023$4.0600
- 2022$3.9800
- 2021$3.9000
- 2020$3.8200
- 2019$3.7450
- 2018$3.6350
- 2017$3.4900
- 2016$3.3600
- 2015$3.2400
- 2014$3.1500
- 2013$3.0900
- 2012$3.0300
- 2011$2.9700
- 2010$2.9100
- 2009$2.8200
- 2008$2.7000
- 2007$2.5800
- 2006$2.1966
- 2005$3.1205
- 2004$1.9176
- 2003$1.9176
- 2002$1.9176
- 2001$1.9176
- 2000$1.9176
- 1999$1.9176
- 1998$1.9176
- 1997$1.8828
- 1996$1.8130
- 1995$1.7433
- 1994$1.6736
- 1993$1.6038
- 1992$1.5341
- 1991$1.4644
- 1990$1.3946
- 1989$1.3249
- 1988$1.2552
- 1987$1.1942
- 1986$1.1506
- 1985$1.0939
- 1984$1.0547
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
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