Duke Energy has seen its stock price dip as market fears around AI ramp up risk around pick-and-shovel plays that have performed extremely well in 2025. The utility's 5-year capital plan for 2026 to 2030 will see $95 billion to $105 billion invested to drive earnings base growth of at least 8.5% through to 2030. Holders of the investment-grade rated Series A preferreds currently earn a 5.75% current yield versus a 3.7% yield for common shareholders.
Duke Energy demonstrates robust financial health, with preferred dividends requiring just 1% of net income and strong earnings growth guidance. DUK targets 5-7% annual EPS growth through 2029, supported by a $100B capex plan, aiming for the top half of this range from 2028 onward. The Series A preferred (DUK.PR.A) is the sole outstanding preferred, offering a 5.75% coupon and trading below par, providing downside protection if called.
Duke Energy's hefty clean-energy and grid investments position the utility for rising electricity demand and long-term growth.
| Electric Utilities Industry | Utilities Sector | Harry K. Sideris CEO | XDUS Exchange | US26441C2044 ISIN |
| US Country | 26,413 Employees | 15 Aug 2025 Last Dividend | 3 Jul 2012 Last Split | 6 Apr 1983 IPO Date |
Duke Energy Corporation, along with its subsidiaries, stands as a prominent energy company within the United States, showcasing a diversified portfolio of energy operations. It conducts its business through two main segments: Electric Utilities and Infrastructure (EU&I) and Gas Utilities and Infrastructure (GU&I). With a rich history dating back to its founding in 1904 and undergoing a name change from Duke Energy Holding Corp. to Duke Energy Corporation in April 2006, the company is headquartered in Charlotte, North Carolina. Duke Energy is dedicated to providing reliable and sustainable energy solutions across the Carolinas, Florida, and the Midwest through a comprehensive mix of generation sources.
Duke Energy's EU&I segment caters to the generation, transmission, distribution, and retail sale of electricity in its service regions. It leverages a diverse mix of fuel sources including coal, hydroelectric, natural gas, oil, solar and wind, alongside renewables and nuclear fuel to ensure a steady and reliable supply of electricity to its customers. This segment also focuses on the wholesale of electricity to municipalities, electric cooperative utilities, and load-serving entities, emphasizing the company’s role in supporting various facets of the public and private sectors.
Under its GU&I segment, Duke Energy provides comprehensive natural gas services, ranging from the distribution of natural gas to residential, commercial, industrial, and power generation customers. The company’s dedication to expanding and enhancing its gas distribution networks is evident through its investments in pipeline transmission projects, renewable natural gas projects, and natural gas storage facilities. These efforts are aimed at ensuring the reliability of supply and the promotion of sustainable energy solutions.