DUKB · Duke Energy Corp., 5.625% Junior Subordinated Debentures due 9/15/2078, cumulative · dividend, yield to call and par
Summary
DUKB is a cumulative preferred of Duke Energy Corporation. Par is $25.00. The coupon is 5.625%, fixed, paid as $0.3516 a quarter. It is not callable. The issuer is an operating company rated investment grade. The score is 7.3, Good.
4 payments a year. 21 paid since 2021, never changed.
Payments ↓The issuer holds no redemption right, so the yield to worst is the current yield. With the coupon fixed, a one-point move in rates shifts the price about 15%.
Price history ↓5.63% of $25 for as long as the shares are outstanding. A cumulative dividend: a missed payment is still owed.
Questions ↓Preferred equity, senior to the common and below every note and bond. The credit pillar is the weakest of four.
How the score works →| Ex-date | Pay date | Amount | Change | Note |
|---|---|---|---|---|
| Mar 15, 2027 | 03/15/27 | $0.3516 | 0.0% | estimated from the coupon |
| Dec 14, 2026 | 12/15/26 | $0.3516 | 0.0% | declared |
| Sep 14, 2026 | 09/15/26 | $0.3516 | 0.0% | paid |
| Jun 12, 2026 | 06/15/26 | $0.3516 | 0.0% | paid |
How it stacks up · similar preferreds
All baby bonds| Security | Current yield | Coupon | Credit quality | Call date | IQS |
|---|---|---|---|---|---|
| DUKB this pageDuke Energy Corp., 5.625% Junior Subordinated Debentures due 9/15/2078 | 6.84% | 5.625% | Investment grade | None | 7.3 |
| BAC-BBank of America Corp., 6.00% Dep Shares Non-Cumulative Preferred Stock Series GG | 6.82% | 6% | Investment grade | None | 6.8 |
| WFC-ZWells Fargo & Co. 4.75% Dep Shares Non-Cumul Perp Cls A Preferred Stock Series Z | 6.91% | 4.75% | Investment grade | None | 6.7 |
| BAC-KBank of America Corp., 5.875% Depositary Shares Non-Cumulative Preferred Stock Series HH | 6.71% | 5.875% | Investment grade | None | 6.8 |
| WFC-LWells Fargo & Co., 7.50% Non-Cumul Perp Conv Cl A Preferred Stock, Series L | 7.00% | 7.5% | Investment grade | None | 7.3 |
Chosen from the 29 preferreds with open records: other issuers only, the same credit quality first, then the closest current yield. Mandatory convertibles are matched only with each other.
Questions about DUKB
How much does DUKB pay, and how often?
DUKB pays $1.41 a share a year. That is 5.625% of the $25.00 face value. At the November 9 close of $20.55, it is a 6.84% current yield.
When is DUKB’s next ex-dividend date?
December 14, 2026. The $0.35 payment is payable December 15. Duke Energy Corporation has declared it.
Are DUKB’s payments qualified dividends?
No. DUKB is a bond, so it pays interest, which is taxed as ordinary income.
Can DUKB be called?
No. DUKB has no call date.
Does DUKB have a maturity date?
No. DUKB is perpetual. Duke Energy Corporation is not required to repay the $25.00 on any date.
What is DUKB’s credit quality?
Investment grade. YieldDesk shows credit quality as Investment grade, High yield or Not rated.
What is DUKB’s Income Quality Score?
DUKB scores 7.3 out of 10, in the Good tier, computed on November 9, 2026 from filings and market data. The score weighs four pillars: coverage and protection, credit, buyback economics, and structure. Credit is the lowest, at 5.5. The methodology page explains each pillar.
Payments from issuer declarations; terms from the prospectus on SEC EDGAR; price from licensed market data, delayed 15 minutes. Credit quality shows Investment grade, High yield or Not rated. The Income Quality Score is computed from filings and market data; the methodology page lists each class’s pillars. IQS describes a security. It is not investment advice or a recommendation to buy, sell or hold.
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