About Duke Energy Corporation (DUK) — Dividend Analysis 2026
Duke Energy is one of America's largest electric utilities, serving 8M+ customers across the Southeast and Midwest. A Dividend Aristocrat with 16+ years of consecutive increases. Its regulated business model provides predictable earnings and cash flows, supporting reliable dividend payments regardless of economic conditions.
Is DUK a good dividend investment in 2026?
DUK offers a 3.88% forward yield with a 73% payout ratio. With a safety score of 80/100, the dividend appears very safe. The 5-year dividend CAGR of 2.1% is modest — investors should weigh current income against growth alternatives.
DUK DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your DUK portfolio grows to $21.2K vs $19.4K without reinvestment — a DRIP bonus of $1.8K. This is the compound interest effect in action.
DUK dividend growth history & forecast
DUK has grown its dividend by 2% over the last year and 2.1% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 3.88% — illustrating why dividend growth stocks are powerful long-term wealth builders.
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🌍 DUK Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold DUK.
Gross yield
3.88%
Tax rate
15.00%
After-tax yield
3.30%
Real yield (−CPI)
0.50%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
3.88%
1.08%
$388 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.30%
0.50%
$330 / yr
🇺🇸 US Taxable (20%)
20%
3.10%
0.30%
$310 / yr
🇬🇧 UK ISA
0%
3.88%
1.08%
$388 / yr
🇬🇧 UK Taxable
8.75%
3.54%
0.74%
$354 / yr
🇨🇦 TFSA
0%
3.88%
1.08%
$388 / yr
🇨🇦 CA Taxable
25%
2.91%
0.11%
$291 / yr
🇦🇺 Super (pension)
15%
3.30%
0.50%
$330 / yr
🇦🇺 AU Taxable
30%
2.72%
-0.08%
$272 / yr
🇩🇪 DE Taxable
26.375%
2.86%
0.06%
$286 / yr
🇫🇷 FR Taxable
30%
2.72%
-0.08%
$272 / yr
Real yield = after-tax yield minus US CPI of 2.8%. Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 DUK Income Goal & Break-Even
Dividend Break-Even
24yr
Years for dividends to repay your full DUK investment price of $108.20/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$4.3K
Lost to inflation (~2.8% CPI)
−$2.5K
Real purchasing power gain
$1.8K
How much do I need to invest in DUK for:
Shares needed
6,723
Capital required
$727,429
Monthly income
$2,000
Based on current dividend of $4.20/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 DUK Dividend Payment Schedule
DUK pays quarterly — 4 times per year. Next ex-div: Feb 13, 2026.
Jan
Feb
💰
Mar
Apr
May
💰
Jun
Jul
Aug
💰
Sep
Oct
Nov
💰
Dec
10 shares
$8.92 / payment
$35.70 / year after tax
100 shares
$89.25 / payment
$357.00 / year after tax
1,000 shares
$892.50 / payment
$3570.00 / year after tax
📊 DUK vs Utilities Sector Benchmarks
How DUK compares to typical Utilities sector averages.
Dividend YieldDUK: +3.88% vs sector avg 3.80% ✓ Better
Payout RatioDUK: 73.00% vs sector avg 68.00% ↓ Below avg
DUK━━ Utilities avg: 68.00%
⚠️ Disclaimer: All projections are for educational purposes only. Dividend payments, stock prices, and growth rates are estimates based on historical data. Past performance does not guarantee future results. This is not financial advice — consult a qualified financial professional before investing. Data sourced from public financial records and updated regularly.