Dividends4Life: Duke Energy (DUK) Dividend Stock Analysis

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Duke Energy (DUK) Dividend Stock Analysis

Posted by D4L | Thursday, August 03, 2023 | | 0 comments »

Linked here is a detailed quantitative analysis of Duke Energy (DUK). Below are some highlights from the above linked analysis: Company Description: Duke Energy Corp. merged with Progress Energy in mid-2012, and is the largest electric power holding company in the U.S., serving more than 7 million customers in six states.

Operating primarily in North Carolina and South Carolina, DUK's regulated utilities provide a stable source of earnings. The company's international businesses provide steady cash flows and earnings diversity. Currently, DUK's debt to total capital of 60% (up from 58%), is above my 45% maximum, while its free cash flow payout of -54% (last was -148%), is not sustainable over the long-term. The stock is currently trading at a 54.9% premium to my calculated fair value. DUK did not earn any Stars in the Fair Value section, earned one Star in the Dividend Analytical Data section and did not earn any Stars in the Dividend Income vs. MMA section for a total of one Star. This quantitatively ranks DUK as a...

Source: Dividend Growth Stocks

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