Duke Energy Corporation's junior subordinated debentures (DUKB) are currently underpriced relative to its Series A preferred stock (DUK.PR.A), presenting a recurring arbitrage opportunity. The price deviation is two standard deviations below the average, indicating a likely mean reversion. Both securities have similar credit ratings, but DUKB holds seniority in the capital structure, reducing risk for the pair trade strategy. Traders can go long on DUKB and short on DUK.PR.A to capitalize on this mispricing while managing credit and interest rate risks, though borrowing costs must be monitored carefully.
Duke Energy Florida's EnergyWise Home program provides homeowners and renters up to $141 in annual bill credits by enrolling select appliances for energy use reduction during peak demand. Customers receive credits mostly without changing habits, as a...
Duke Energy announced a quarterly cash dividend increase to $1.085 per common share, up by $0.02, payable on September 16, 2026, to shareholders recorded by August 14, 2026. The company also declared a dividend for its Series A preferred stock at $35...
