Environmental Working Group: As Duke Energy-Backed Bill Seeking Rate Hikes Advances, Utility Hands Out Dividend Increases for Shareholders
July 16, 2021
July 16, 2021
WASHINGTON, July 16 (TNSRes) -- The Environmental Working Group issued the following news release:
Duke Energy's board of directors has approved a 2.1 percent hike in its quarterly cash dividend for shareholders, even as the investor-owned utility and Republican lawmakers in North Carolina push to raise rates on captive customers.
The decision by Duke's board will increase the annual dividend rate per share to $3.94, according to a July 14 report by Zacks Equi . . .
Duke Energy's board of directors has approved a 2.1 percent hike in its quarterly cash dividend for shareholders, even as the investor-owned utility and Republican lawmakers in North Carolina push to raise rates on captive customers.
The decision by Duke's board will increase the annual dividend rate per share to $3.94, according to a July 14 report by Zacks Equi . . .