Duke Energy, headquartered in Charlotte, serves approximately 8.6 million electric utility customers and 1.7 million natural gas customers across multiple states. The company is focused on transitioning to a smarter and cleaner energy future, with investments in grid upgrades, natural gas, nuclear, renewables, and energy storage. These strategic appointments are part of Duke Energy's ongoing efforts to strengthen its leadership team and are based on a press release statement. In other recent news, Duke Energy has announced the distribution of its quarterly cash dividends, with common stock shareholders receiving $1.045 per share and Series A preferred stock shareholders getting $359.375 per share. This marks a continuation of the company's nearly century-long tradition of dividend payments. BMO Capital Markets recently adjusted its outlook on Duke Energy, lowering the price target to $123 from $128 but maintaining an Outperform rating.