Analysis – Duke Energy Corp. Increases Dividend by 4%

DUK

Duke Energy Corporation announced a regular quarterly dividend of $0.825, a 4 percent increase from the prior rate of $0.795 per share. The dividend will be paid at the new higher rate on September 16, 2015, to shareholders of record at close of business on August 14, 2015. Duke Energy Corp. is a member of the Top 100 dividend growth candidates.

top100

Date Quarterly Dividend
8/14/2015 0.825
5/13/2015 0.795
2/11/2015 0.795
11/12/2014 0.795
8/13/2014 0.795
5/14/2014 0.78
2/12/2014 0.78
11/13/2013 0.78
8/14/2013 0.78
5/15/2013 0.765
2/13/2013 0.765
11/14/2012 0.765
8/15/2012 0.765
5/16/2012 0.75
2/15/2012 0.75
11/16/2011 0.75
8/10/2011 0.75
5/18/2011 0.735
2/9/2011 0.735
11/9/2010 0.735
8/11/2010 0.735
5/19/2010 0.72
2/10/2010 0.72

Analysis of Valuation of Duke Energy (Symbol DUK).

Duke Energy is trading toward the top of its average price/sale (P/S) range.  Duke Energy is trading below its average historical dividend yield. 

Price 07/09/15 % Yield 5 Year Div. Growth Rate  SPS    2015 P/S Ratio 10 yr P/S  Low 10 yr P/S  High 5 yr max Yield % 5 yr lowest Yield %
$72.22 4.40% 2.5% 35.25 2.58 1.20 2.62 5.72% 3.55%

Duke Energy Dividend Yield Chart (Click to enlarge)

DUK2

 

Explanation:  Dividend growth stocks may be valued upon historical relative price/sales and current yield analysis. Dividend stocks trading at a low historical price/sales (P/S) ratio should be viewed more highly to investors due to their depressed valuation versus other higher P/S ratio stocks.  Max P/S price target is based upon company reaching its highest historical P/S ratio.  Dividend stocks should also be viewed favorably when the current yield is above historical readings for the past 10 years.  Further information on evaluating dividend growth candidates can be found at http://seekingalpha.com/author/timothy-mcintosh/articles

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