Duke Energy 5.625% Junior Subordinated Debentures due 2078

By: ,

Date Issued  9/11/2018


Shares Issued   20,000,000       Overallotment Shares   0

S&P Rating  BBB   Moodys Rating  Baa2


Security Ticker Symbol   DUKB

Market Traded ON   NYSE

Interest Payment Paid on the 15th of  March, June, September and December beginning on 12/15/2018

Quarterly Interest   .353   Annual Interest   1.41


Securities may be redeemed, at the issuers option, as early as 09/15/2023 for a redemption price of $25/share plus accrued interest

Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they do not qualify for preferential tax rates.

Maturity Date   09/15/2078


Company Investor Relations Page for Duke Energy


Click here to find the offering Prospectus and or final pricing documents

Related Posts:

Tim McPartland

Connect with Tim McPartland

Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
Search Dividend Investor