Latest news with #LynnGood
Business Wire
12 hours ago
- Business
- Business Wire
Lynn Good Elected to Morgan Stanley Board of Directors
NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) today announced that Lynn Good has been elected to the Company's Board of Directors, effective July 18, 2025. Ms. Good, 66, is the former Chair, CEO and President of Duke Energy. Her appointment will bring Morgan Stanley's Board of Directors to 15 members. She will serve on the Board's Audit Committee. Ted Pick, Chairman and CEO of Morgan Stanley, said, 'We are very happy to welcome Lynn Good to our Board. As the former Chair and CEO of Duke Energy, she brings valuable strategic and management experience to the team. Lynn also has a thorough understanding of accounting and financial reporting matters. She will be a strong addition to our Board and the Firm will benefit enormously from her expertise and knowledge.' Ray Wilkins, Chair of the Board's Governance and Sustainability Committee, said, 'We warmly welcome Lynn Good as she joins our Board. We look forward to working with her and benefiting from her management and finance expertise.' Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 42 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit Note to Editors: Lynn J. Good Lynn Good served as Chair, CEO and President of Duke Energy Corporation (Duke Energy) from January 2016 to April 2025, and as Vice Chair, CEO and President of Duke Energy from July 2013 to December 2015. Prior to being appointed CEO, she served in a variety of other executive positions at Duke Energy, including as Executive Vice President and CFO from July 2009 to June 2013. Prior to Cinergy Corporation's (Cinergy) merger with Duke Energy, Ms. Good served as Executive Vice President and CFO of Cinergy in 2006 and as Vice President, Controller and Chief Compliance Officer from 2003 to 2005. Ms. Good also has extensive accounting and auditing experience, having served as Audit Partner at Deloitte & Touche LLP from 2002 to 2003 and as Audit Partner at Arthur Andersen LLP (Arthur Andersen) from 1992 to 2002. She joined Arthur Andersen in 1981 and held positions in the audit and risk consulting practice before becoming an Audit Partner. Ms. Good has been a member of the board of directors of The Boeing Company (Boeing) since 2015, including serving as Chair of Boeing's Compensation Committee and a member of Boeing's Audit Committee. She also serves on the Feigen Advisors LLC Advisory Board. Ms. Good holds bachelor's degrees from Miami University.
Yahoo
05-05-2025
- Business
- Yahoo
Here's How You Can Earn $100 In Passive Income By Investing In Duke Energy Stock
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Duke Energy Corp. (NYSE:DUK) is one of America's largest energy holding companies. The company's electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. It will report its Q1 2025 earnings on May 6. Wall Street analysts expect the company to post EPS of $1.54, up from $1.44 in the prior-year period. According to data from Benzinga Pro, quarterly revenue is expected to be $7.79 billion, up from $7.67 billion a year earlier. Don't Miss: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — The 52-week range of Duke Energy stock price was $97.49 to $125.27. Duke Energy's dividend yield is 3.43%. It paid $4.18 per share in dividends during the last 12 months. On Feb. 13, the company announced its Q4 2024 earnings, posting adjusted EPS of $1.66, in line with the consensus estimates, as reported by Benzinga. Revenues of $7.36 billion exceeded the consensus of $7.33 billion. 'Duke Energy enters 2025 in a position of strength, and I'm excited about the future with Harry Sideris as its next CEO. Under his leadership, Duke Energy is well positioned to execute the next phase of our business strategy,' said CEO Lynn Good. Duke Energy reaffirmed its full-year 2025 outlook, expecting adjusted EPS in the range of $6.17 to $6.42, compared to the consensus of $6.33. Trending: Donald Trump Just Announced a $500 Billion AI Infrastructure Deal — Here's How You Can If you want to make $100 per month — $1,200 annually — from Duke Energy dividends, your investment value needs to be approximately $34,985, which is around 287 shares at $122.02 each. Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (3.43% in this case). So, $1,200 / 0.0343 = $34,985 to generate an income of $100 per month. You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock. The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40). In summary, income-focused investors may find Duke Energy stock an attractive option for making a steady income of $100 per month by owning 287 shares of stock. There may be more upside to come as investors benefit from the company's consistent dividend hikes. Duke Energy has raised its dividend consecutively for the last 17 years. Check out this article by Benzinga for three more stocks offering high dividend yields. Real estate is a great way to diversify your portfolio and earn high returns, but it can also be a big hassle. Luckily, there are other ways to tap into the power of real estate without owning property. Arrived Home's Private Credit Fund's has historically paid an annualized dividend yield of 8.1%*, which provides access to a pool of short-term loans backed by residential real estate. The best part? Unlike other private credit funds, Looking for fractional real estate investment opportunities? The features the latest offerings. Image: Shutterstock Send To MSN: 0 This article Here's How You Can Earn $100 In Passive Income By Investing In Duke Energy Stock originally appeared on Sign in to access your portfolio
Yahoo
07-02-2025
- Business
- Yahoo
Fortune Recognizes Duke Energy as One of the World's Most Admired Companies
CHARLOTTE, NC / / February 7, 2025 / Duke Energy (NYSE:DUK) has been recognized by Fortune magazine as one of the World's Most Admired Companies for 2025. This is the eighth consecutive year the company has made the list, ranking as one of the top four gas and electric utilities for the fourth year in a row. "Delivering safe, reliable and affordable energy to our customers and communities is at the core of everything we do," said Lynn Good, Duke Energy's chair and CEO. "Being recognized by our industry peers, directors and analysts in Fortune's list of World's Most Admired Companies is a testament to the dedication and hard work of our employees who drive innovation and power the communities we serve every day." To determine the industry rankings, executives, directors and industry analysts are independently surveyed and companies are rated on nine attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products/services, and global competitiveness. Recent company performance highlights: Prioritizing grid reliability - In 2024, smart, self-healing technology helped to avoid more than 2.3 million customer outages across Duke Energy's six-state service area, saving around 11 million hours of total outage time. More than 75% of those benefits were achieved during major storms. Around 60% of Duke Energy customers are served by self-healing and automated power restoration technology, with a goal of serving 80% or more over the next few years. Supporting our communities - Duke Energy and its foundation marked the milestone of investing more than $22 million since 2019 to support nonprofits and local organizations on the front lines of disaster preparedness and response. The support centered on strengthening community resilience and safety with Duke Energy Foundation grants focused on delivering immediate relief in times of crisis and equipping first responders with advanced tools, customized training and life-saving equipment to boost readiness Preparing for the future - We experienced robust economic development growth in our service territories across a diverse set of industries, including batteries, semiconductors, pharmaceuticals, data centers and more, which will lead to meaningful load growth and economic benefits for the communities we serve. Through 2028, we are projecting average overall load growth of 1.5% to 2% per year. Duke Energy Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas unit serves 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. Duke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and advanced nuclear. More information is available at and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition. Contact: Cedric Page 24-Hour: 800.559.3853 View original content here. View additional multimedia and more ESG storytelling from Duke Energy Corporation on Contact Info:Spokesperson: Duke Energy CorporationWebsite: info@ SOURCE: Duke Energy Corporation View the original press release on ACCESS Newswire Sign in to access your portfolio
