12 Best Nuclear Power Dividend Stocks to Buy Now

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8. Duke Energy Corporation (NYSE:DUK)

Number of Hedge Fund Holders: 57

Duke Energy Corporation (NYSE:DUK) engages in the distribution of natural gas and energy-related services. The company operates 11 nuclear units at six sites in the Carolinas, representing the company’s largest and most reliable source of carbon-free generation.

Duke Energy Corporation (NYSE:DUK)’s business model generates very stable cash flows backed by government-regulated rate structures, allowing it to pay dividends for 99 consecutive years as of mid-2025. The company declared a quarterly dividend of $1.065 per share this week and boasts an attractive annual dividend yield of 3.33%.

Moreover, Barclays analyst Nicholas Campanella updated the firm’s price target for Duke Energy Corporation (NYSE:DUK) this week, raising it from $131 to $135, while maintaining an ‘Overweight’ rating on its shares. The update is part of the analyst’s preview of the third quarter for the utilities sector.

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