Dominion Energy Stock Dividend Cut

Find the latest dividend history for dominion energy inc.

Dominion energy stock dividend cut.

The company is selling assets to berkshire hathaway. Despite the dividend cut by dominion it is still a decent stock for those seeking income. Utility dominion energy nyse d announced that it was making a big change. Based on the current stock price the forward dividend yield will be about 3 3.

Dividends can be paid by check or electronic deposit or may be reinvested. In order to serve you better please select your dominion energy location services. Dominion does plan to buy back 3 billion in stock. Final thoughts on dominion.

For dividend purchases please note the purchase will still take place on the wednesday following the payable date. Clearly one can do much worse when seeking income. Click here for stock split information. That s a significant reduction.

By the end of the year it plans to cut its dividend by 28. The consensus price target on the stock is 84 15. 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.

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. 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. D s most recent quarterly dividend payment was made to shareholders of record on sunday september 20. Proceeds will be about 3b as the deal includes the assumption of 5 7b in debt and taxes. Dividends on dominion energy common stock are paid as declared by the board of directors.

In early july giant u s. Dominion energy pays an annual dividend of 3 76 per share with a dividend yield of 4 82.