Duke Energy: 100-Year Dividend Track Record — But $103B Capex Is Compressing The Credit Cushion

Duke Energy ended FY2025 with adjusted EPS of $6.31, covering its $4.22 annual dividend by about 1.49x. The company has maintained a quarterly cash dividend for 100 consecutive years, underscoring dividend reliability and cash-generation durability. The update is supportive for income-focused investors but is largely routine and unlikely to materially move the stock.

Analysis

Duke Energy ended FY2025 with adjusted EPS of $6.31, covering its $4.22 annual dividend by about 1.49x. The company has maintained a quarterly cash dividend for 100 consecutive years, underscoring dividend reliability and cash-generation durability. The update is supportive for income-focused investors but is largely routine and unlikely to materially move the stock.