Duke Energy Corporation (NYSE:DUK) is included among the 12 Best Nuclear Power Dividend Stocks to Buy Now.
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Duke Energy Corporation 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’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 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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