Duke Energy

Duke Energy has paid over 20 consecutive annual dividend increases and a $1,000 investment ten years ago returned 127% versus the S&P 500’s 258%. The forward annualized dividend is $4.34 (yield 3.57%), and management projects 5%–7% EPS growth starting in 2028 supported by a $103 billion capital plan and 7.8 GW of signed data center deals. Key risks include rising interest rates, potential rate-case setbacks, and weaker data center demand or major cost shocks. » More on finance.yahoo.com

Duke Energy has restored power for about 223,000 customers in the greater Cincinnati area after severe storms; initially more than 261,000 customers were affected. As of Thursday 4:00 p.m., 32,485 customers in Ohio and 6,376 in Kentucky were still without power, most of whom are expected to be reconnected the same day. The company deployed more than 2,000 lineworkers, tree crews and response personnel to restore service and pledged $100,000 in aid to the region through the Duke Energy Foundation. » More on de.investing.com

Duke Energy priced a public offering of 35 million equity units with an aggregate par value of $1.75 billion at $50 per unit. Each unit consists of a forward purchase agreement on common stock and interests in two series of senior notes with a 4.85% coupon maturing in 2032 and 2036; the total distribution yields 7.75% p.a. The syndicate has an overallotment option for up to 5 million additional units; net proceeds are estimated at about $1.72 billion (up to $1.97 billion if exercised). Duke Energy intends to use the proceeds to repay subordinated debt ($500 million), repay commercial paper and for general corporate purposes. » More on de.investing.com

Duke Energy plans to sell 35 million shares at $50 each in a public placement raising $1.75 billion to refinance debt and repay commercial paper. The announcement put the stock under intraday pressure (down about 1.7%) and is part of a $10 billion equity program through 2030 that analysts view as an ongoing source of dilution. Additional headwinds came from price-target cuts by some banks and a subdued market ahead of key U.S. inflation data. » More on de.investing.com

Duke Energy announces a public offering of 35 million equity units with a par value of $50 each (total par value $1.75 billion), with an option for banks to purchase up to 5 million additional units ($250 million). Each unit initially includes a forward purchase agreement for common stock and two co-ownership interests in resaleable senior notes. Net proceeds are intended to repay outstanding subordinated notes ($500 million), to partially repay commercial paper and for general corporate purposes; a listing on the NYSE is planned. » More on de.investing.com