Dominion Energy Stock Dividend Cut

This ends an 18 year track record of annual dividend increases.

Dominion energy stock dividend cut.

Based on the current stock price the forward dividend yield will be about 3 3. D s most recent quarterly dividend payment was made to shareholders of record on sunday september 20. The company is selling assets to berkshire hathaway. Final thoughts on dominion.

Dividends on dominion energy common stock are paid as declared by the board of directors. Utility dominion energy nyse d announced that it was making a big change. Dominion energy and duke energy cancel the atlantic coast pipeline. The company has grown its dividend for the last 1 consecutive years and is increasing its dividend by an average of 9 44 each year.

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. By the end of the year it plans to cut its dividend by 28. In early july giant u s. This is decent and greater than the current average yield of 1 9.

In order to serve you better please select your dominion energy location services. I just learned that dominion energy d is going to cut annual dividends to 2 50 share from 3 76 share. Dividends are typically paid on the 20th day of march june september and december. Dividends can be paid by check or electronic deposit or may be reinvested.

Dominion s stock traded up about 0 6 shortly before noon tuesday at 74 06 in a 52 week range of 57 79 to 90 89. Click here for stock split information. Clearly one can do much worse when seeking income. For dividend purchases please note the purchase will still take place on the wednesday following the payable date.

Despite the dividend cut by dominion it is still a decent stock for those seeking income. Find the latest dividend history for dominion energy inc. The consensus price target on the stock is 84 15. Proceeds will be about 3b as the deal includes the assumption of 5 7b in debt and taxes.

Dominion energy pays an annual dividend of 3 76 per share with a dividend yield of 4 82. Dominion does plan to buy back 3 billion in stock.