In order to serve you better please select your dominion energy location services.
Dominion energy dividend cut.
Dominion was a popular income stock before the announcement.
Dividend cut by dominion energy.
Utility dominion energy nyse d announced that it was making a big change.
Dividends can be paid by check or electronic deposit or may be reinvested.
The yield has consistently been over 4 since early 2018 and more recently has been over 5 at times.
Topping off the day dominion also announced a cut to its dividend.
Much of this was due to the high dividend yield compared to the s p 500.
Dominion energy is putting the brakes on dividend growth dominion energy was a dividend growth machine but all of that s going to end.
The company is selling assets to berkshire hathaway.
Proceeds will be about 3b as the deal includes the assumption of 5 7b in debt and taxes.
On the other hand management s action was voluntary rather than.
Here s what you need to know about this big development.
The initial market reaction to dominion s move has been negative i suspect primarily because of the unexpected dividend cut.
By the end of the year it plans to cut its dividend by 28.
Dividends are typically paid on the 20th day of march june september and december.
That s a significant reduction.
The stock had over 77k followers on seeking alpha.
Find the latest dividend history for dominion energy inc.
In early july giant u s.
However revenue earnings.
Dividends on dominion energy common stock are paid as declared by the board of directors.
Select my state select state idaho north carolina gas north carolina electric ohio south carolina utah virginia west virginia wyoming go to this state s site.
Click here for stock split information.
Dominion also announced that it and its partner duke energy corp.
Were canceling their atlantic coast pipeline project.
The transaction is.