Duke Energy Marks 100 Years of Dividends and Disburses $830K in Grants
DUK•Duke Energy Foundation awarded $830,000 in 54 final America250 grants, capping its $1 million+ investment across six states to fund projects preserving local heritage. Separately, Duke Energy achieved its 100th consecutive year of quarterly dividends, underscoring the stability of its regulated monopoly cash flows.
1. America250 Grant Program Completion
The Duke Energy Foundation awarded $830,000 in 54 grants to nonprofit and community organizations across North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, completing a total America250 commitment exceeding $1 million. Supported initiatives include heritage trail development, museum exhibits, locomotive restoration and statewide civic learning events.
2. Century-Long Dividend Streak
Duke Energy has now paid quarterly dividends for 100 consecutive years, leveraging its regulated monopoly structure to generate predictable, contractually backed cash flows. This milestone highlights the company’s focus on reliable shareholder returns and the resilience of its energy infrastructure model.
