Dominion Energy Stock Dividend Cut

D s most recent quarterly dividend payment was made to shareholders of record on sunday september 20.

Dominion energy stock dividend cut.

Dividends on dominion energy common stock are paid as declared by the board of directors. For dividend purchases please note the purchase will still take place on the wednesday following the payable date. 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. In order to serve you better please select your dominion energy location services.

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. 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. The company is selling assets to berkshire hathaway. Click here for stock split information.

The consensus price target on the stock is 84 15. Clearly one can do much worse when seeking income. In early july giant u s. Despite the dividend cut by dominion it is still a decent stock for those seeking income.

Dominion energy pays an annual dividend of 3 76 per share with a dividend yield of 4 82. Utility dominion energy nyse d announced that it was making a big change. 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. This ends an 18 year track record of annual dividend increases.

Dominion energy and duke energy cancel the atlantic coast pipeline. That s a significant reduction. This is decent and greater than the current average yield of 1 9. Dividends are typically paid on the 20th day of march june september and december.

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. By the end of the year it plans to cut its dividend by 28. Dividends can be paid by check or electronic deposit or may be reinvested. Final thoughts on dominion.

Proceeds will be about 3b as the deal includes the assumption of 5 7b in debt and taxes. Based on the current stock price the forward dividend yield will be about 3 3.