Dominion Energy Dividend Cut

Dividends can be paid by check or electronic deposit or may be reinvested.

Dominion energy dividend cut. Dividends are typically paid on the 20th day of march june september and december. Topping off the day dominion also announced a cut to its dividend. However revenue earnings. Dividends on dominion energy common stock are paid as declared by the board of directors.

This ends an 18 year track record of annual dividend increases. Utility dominion energy nyse d announced that it was making a big change. Dominion energy is putting the brakes on dividend growth dominion energy was a dividend growth machine but all of that s going to end. Dominion also announced that it and its partner duke energy corp.

I just learned that dominion energy d is going to cut annual dividends to 2 50 share from 3 76 share. That s a significant reduction. The yield has consistently been over 4 since early 2018 and more recently has been over 5 at times. In early july giant u s.

Dividend cut by dominion energy. Here s what you need to know about this big development. The transaction is. Were canceling their atlantic coast pipeline project.

Proceeds will be about 3b as the deal includes the assumption of 5 7b in debt and taxes. The company is selling assets to berkshire hathaway. 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.

The stock had over 77k followers on seeking alpha. Click here for stock split information. In order to serve you better please select your dominion energy location services. Dominion was a popular income stock before the announcement.

Find the latest dividend history for dominion energy inc. 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.