Duke Energy Increases Quarterly Dividend $0.01 Per Share
CHARLOTTE, N.C. – Duke Energy has declared a quarterly cash dividend on its common stock of USD $0.32 per share, an increase of $0.01 over the previous level. The dividend is payable on Sept. 18, 2006, to shareholders of record on the close of business Aug. 11, 2006.
“This action by the board affirms Duke Energy’s commitment to our shareholders to grow the dividend over time,” said James E. Rogers, president and chief executive officer. “We are taking constructive steps to ensure we continue to deliver steady, stable earnings growth in the years ahead, sharing our success with investors along the way.”
This is the 80th consecutive year that Duke Energy has paid quarterly cash dividends on its common stock.
Duke Energy Canada Exchangeco Inc., a subsidiary of Duke Energy, today also announced a quarterly cash dividend on its exchangeable shares of CDN $0.36 per exchangeable share. The dividend is payable on Sept. 18, 2006, to shareholders of record on the close of business Aug. 11, 2006.
Duke Energy is a diversified energy company with a portfolio of natural gas and electric businesses, both regulated and unregulated, and an affiliated real estate company. Duke Energy supplies, delivers and processes energy for customers in the Americas. 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: http://www.duke-energy.com.