- Duke Energy has embarked on an ambitious energy transition plan which makes sense from a return on capital spent perspective.
- Also, despite facing COVID-led top-line impact, the utility has been able to beat earnings expectations in the third quarter.
- Restructuring of its portfolio and capital expenses are viewed as two important steps to ensure earnings growth.
- The company has a clear dividend growth policy backed by historical data.
- Based on sector comparison, Duke is undervalued.
For further details see:
Duke Energy: Green Returns Ensuring Dividend Growth