DUK.PRA

Duke Energy's Series A Preferred Stock Shares Cross 6% Yield Mark

In trading on Thursday, shares of Duke Energy Corp's 5.75% Series A Cumulative Redeemable Perpetual Preferred Stock (Symbol: DUK.PRA) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4375), with shares changing hands as low as $23.71 on the day. This compares to an average yield of 6.78% in the "Utilities" preferred stock category, according to Preferred Stock Channel. As of last close, DUK.PRA was trading at a 3.36% discount to its liquidation preference amount, versus the average discount of 19.04% in the "Utilities" category.

Performance Comparison Chart

Below is a dividend history chart for DUK.PRA, showing historical dividend payments on Duke Energy Corp's 5.75% Series A Cumulative Redeemable Perpetual Preferred Stock:

DUK.PRA+Dividend+History+Chart


Free Report: Top 8%+ Dividends (paid monthly)

In Thursday trading, Duke Energy Corp's 5.75% Series A Cumulative Redeemable Perpetual Preferred Stock (Symbol: DUK.PRA) is currently off about 1.1% on the day, while the common shares (Symbol: DUK) are off about 0.4%.

Click here to find out the 50 highest yielding preferreds »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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