Volatility is not something that is a great fit for Duke if you look at the level of dividend we pay.
Sentiment: NEGATIVE
An investor in Duke Energy is expecting a dividend payment. That's roughly 70 to 75 percent of the earnings I produce. The business that goes with that level of dividend is a business that has more predictability, more stability.
Duke is an ugly word in Kentucky. Nothing in the world compares to the joy of beating those hateful swine from Duke.
When you look at dividend returns on equities versus bond yields, to me it's a pretty easy decision to be heavily in equities.
Markets love volatility.
Everybody says that it takes a loss to lose and I think it did take a loss for us to lose in a sense. But overall, when we win games here at Duke, and we don't play well, we might as well have lost the game.
Those who seek to profit by division don't stand a chance.
As we look ahead, we see increasing opportunities for Duke in natural gas - not just for producing electricity, but in providing gas for our customers. We have been investing in renewables as well throughout the U.S.
And I had an old-fashioned idea that dividends were a good thing.
The accomplishments in college and even in the pros are more in my mind because you constantly see Duke on TV during basketball season. You constantly see the NBA.
Income-producing unit trusts are brilliant because if you can accept capital values will be volatile for a while, your dividend income will always be higher than what you get in the bank.