Dominion Energy Stock Dividend Cut

For dividend purchases please note the purchase will still take place on the wednesday following the payable date.

Dominion energy stock dividend cut.

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. Despite the dividend cut by dominion it is still a decent stock for those seeking income. This ends an 18 year track record of annual dividend increases. And selling the midstream operations will boost projected annual earnings growth to a range of 10 to 11 percent for 2021 with 6 5 percent a.

Dividends can be paid by check or electronic deposit or may be reinvested. Dominion does plan to buy back 3 billion in stock. Dividends on dominion energy common stock are paid as declared by the board of directors. 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 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. The company is selling assets to berkshire hathaway.

This is decent and greater than the current average yield of 1 9. Please be advised that effective august 5 2020 dominion will be changing to open market purchases for dividends as well as optional and recurring purchases. Utility dominion energy nyse d announced that it was making a big change. In early july giant u s.

Find the latest dividend history for dominion energy inc. Dividends are typically paid on the 20th day of march june september and december. 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.

D s most recent quarterly dividend payment was made to shareholders of record on sunday september 20. Final thoughts on dominion. Based on the current stock price the forward dividend yield will be about 3 3. Dominion energy and duke energy cancel the atlantic coast pipeline.

The consensus price target on the stock is 84 15. In order to serve you better please select your dominion energy location services.