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Duke Energy Corp (DUK) announces that its board of directors has approved a quarterly cash dividend hike of 2% on its common stock.
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Duke Energy completed its acquisition of Cinergy Corp in 2006. [58] In July 2004, Duke Energy agreed to pay $208M to settle allegations that it had engaged in price gouging in California during the energy crisis of 2000 and 2001. [59] In December 2009, Duke Energy agreed to spend approximately $93M to resolve violations of the Clean Air Act.
However, dividends or distributions of more than 25% are subject to 'special' rules for ex-dividend dates. The major difference here is that for these larger distributions or dividends, the ex-dividend date is set as the day after payment (with the day of payment being the "payment date"). [4] For these larger 'special dividends', the ex ...
In-dividend date – the last day, which is one trading day before the ex-dividend date, where shares are said to be cum dividend ('with [including] dividend'). That is, existing shareholders and anyone who buys the shares on this day will receive the dividend, and any shareholders who have sold the shares lose their right to the dividend.
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The ex-dividend date (coinciding with the reinvestment date for shares held subject to a dividend reinvestment plan) is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held.