By Robb M. Stewart

Duke Energy Corp. Lifted its quarterly cash dividend 2.1%.

The Charlotte, N.C., based electric utility on Monday said it declared a dividend of 98.5 cents a share, an increase of two cents, payable on Sept. 16 to shareholders of record at the close of business Aug. 13.

Duke said it has paid a cash dividend on its common stock for 95 consecutive years.

In afternoon trading, its shares were up 0.1% at $100.77, for a gain in 2021 of 10%.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

07-12-21 1251ET