Dominion Energy Inc. (NYSE:D) Shareholders Set to Receive $0.67 Quarterly Dividend

Dominion Energy Inc. (NYSE:D) announced a quarterly dividend on Tuesday, October 27th. Shareholders of record on Friday, December 4th will be paid a dividend of $0.6675 per share by the utilities provider on Sunday, December 20th. This represents a $2.67 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Friday, December 4th.

Dominion Energy has a dividend payout ratio of 74.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Dominion Energy to earn $3.81 per share next year, which means the company should continue to be able to cover its $2.67 annual dividend with an expected future payout ratio of 70.1%.

Dominion Energy Trading Down 0.8%

D opened at $64.82 on Wednesday. Dominion Energy has a fifty-two week low of $55.85 and a fifty-two week high of $72.99. The company’s 50-day moving average price is $63.94 and its 200 day moving average price is $64.67.

Dominion Energy (NYSE:D) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.11. The firm had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Equities analysts expect that Dominion Energy will post 3.59 EPS for the current fiscal year.

About Dominion Energy

Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas distribution services to residential, commercial, industrial and governmental customers, primarily in Virginia and South Carolina.

The company operates a diversified power-generation portfolio that includes nuclear, natural gas, renewable energy and other resources. Its activities also include electricity transmission infrastructure, renewable energy development and natural gas utility operations.