Stock Update (NYSE:DUK): Duke Energy Corp Declares Quarterly Dividend Payment To Shareholders
Duke Energy Corp (NYSE:DUK), declared a quarterly cash dividend on its common stock of $0.795 per share, payable on June 16, 2015, to shareholders of record at the close of business May 15, 2015.
Duke Energy has paid a quarterly cash dividend on its common stock for 89 consecutive years. (Original Source)
Shares of Duke Energy closed today at $76.81, up $0.40 or 0.52%. DUK has a 1-year high of $89.97 and a 1-year low of $68.81. The stock’s 50-day moving average is $77.24 and its 200-day moving average is $80.17.
On the ratings front, Duke Energy has been the subject of a number of recent research reports. In a report released today, RBC analyst Shelby Tucker reiterated a Buy rating on DUK, with a price target of $93, which implies an upside of 21.1% from current levels. Separately, on May 4, Barclays’ Daniel Ford maintained a Hold rating on the stock and has a price target of $82.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Shelby Tucker and Daniel Ford have a total average return of 1.9% and 8.7% respectively. Tucker has a success rate of 60.0% and is ranked #1999 out of 3594 analysts, while Ford has a success rate of 69.6% and is ranked #560.
The street is mostly Neutral on DUK stock. Out of 5 analysts who cover the stock, 3 suggest a Hold rating and 2 recommend to Buy the stock. The 12-month average price target assigned to the stock is $85.40, which implies an upside of 11.2% from current levels.
Duke Energy Corporation operates as an energy company. The Company operates in three business segments; Regulated Utilities, International Energy and Commercial Power.