Dominion Energy Inc. (NYSE:D) Announces $0.67 Quarterly Dividend

Dominion Energy Inc. (NYSE:D) announced a quarterly dividend on Tuesday, July 28th. Investors of record on Friday, September 4th will be given a dividend of 0.6675 per share by the utilities provider on Sunday, September 20th. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, September 4th.

Dominion Energy has decreased its dividend by an average of 0.0%per year over the last three years. Dominion Energy has a dividend payout ratio of 74.6% indicating that its dividend is sufficiently covered by earnings. Equities 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 Up 0.8%

NYSE D traded up $0.57 on Wednesday, hitting $71.19. The company’s stock had a trading volume of 404,979 shares, compared to its average volume of 5,990,911. The company’s 50-day moving average is $68.69 and its 200 day moving average is $64.60. The firm has a market cap of $62.61 billion, a PE ratio of 21.04 and a beta of 0.65. Dominion Energy has a 1-year low of $55.85 and a 1-year high of $72.99. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38.

Dominion Energy (NYSE:D) last issued its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. The company had revenue of $5.02 billion for the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. Dominion Energy’s revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, analysts predict that Dominion Energy will post 3.57 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Dominion Energy

Several institutional investors and hedge funds have recently made changes to their positions in D. Brighton Jones LLC lifted its stake in Dominion Energy by 64.3% in the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock valued at $489,000 after buying an additional 3,553 shares during the period. Empowered Funds LLC grew its position in shares of Dominion Energy by 8.3% during the 1st quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock worth $985,000 after buying an additional 1,344 shares during the period. Woodline Partners LP increased its stake in shares of Dominion Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock valued at $3,979,000 after acquiring an additional 20,522 shares in the last quarter. Intech Investment Management LLC increased its stake in shares of Dominion Energy by 71.2% in the 1st quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock valued at $1,708,000 after acquiring an additional 12,663 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its position in shares of Dominion Energy by 9.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock valued at $7,041,000 after acquiring an additional 10,775 shares during the period. Institutional investors own 73.04% of the company’s stock.

Dominion Energy Company Profile

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.