By Stephen Nakrosis
Duke Energy said Monday it was raising its quarterly dividend on its common stock to 96 and a half cents, an increase of 2 cents.
The dividend will be payable to on Sept. 16 to shareholders of record as of the close of business on Aug. 14.
The company also said it would pay a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on Sept. 16, and a semi-annual cash dividend on its Series B preferred stock of $24.375 per share payable the same day.
Duke said it has paid a cash dividend on its common stock for 94 consecutive years.
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