DUKB

Duke Energy Corporation Series B preferred stock is a class of equity securities that provides holders with preferential dividend rights compared to common stockholders. These preferred shares typically pay fixed quarterly dividends and rank senior to common stock in the company's capital structure. DUKB preferred shares may be perpetual or have specific redemption provisions at the company's option. Holders generally do not have voting rights except in specific circumstances defined in the security's terms. The preferred shares offer income-focused investors exposure to Duke Energy's stable utility business with less volatility than common stock.