CHARLOTTE, N.C., Oct. 20 /PRNewswire-FirstCall/ -- Duke Energy (NYSE: DUK) has declared a quarterly cash dividend on its common stock of $0.24 per share. The dividend is payable on Dec. 16, 2009, to shareholders of record at the close of business Nov. 13, 2009.

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This is the 83rd consecutive year that Duke Energy has paid a quarterly cash dividend on its common stock.

Duke Energy is the third largest electric power holding company in the United States, based on kilowatt-hour sales. Its regulated utility operations serve approximately 4 million customers located in five states - North Carolina, South Carolina, Indiana, Ohio and Kentucky -- representing a population of approximately 11 million people. Duke Energy's commercial power and international business segments operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States.

Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: www.duke-energy.com.

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SOURCE Duke Energy