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

Dominion Energy Inc. (NYSE:D) announced a quarterly dividend on Tuesday, May 5th. Shareholders of record on Friday, May 29th will be paid a dividend of 0.6675 per share by the utilities provider on Saturday, June 20th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, May 29th.

Dominion Energy has decreased its dividend payment 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. Analysts expect Dominion Energy to earn $3.82 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 69.9%.

Dominion Energy Stock Up 0.0%

Shares of D stock opened at $62.96 on Wednesday. The company has a current ratio of 0.78, a quick ratio of 0.59 and a debt-to-equity ratio of 1.38. The company has a 50 day simple moving average of $62.50 and a two-hundred day simple moving average of $61.28. The stock has a market cap of $55.37 billion, a P/E ratio of 18.63, a P/E/G ratio of 3.31 and a beta of 0.65. Dominion Energy has a 12 month low of $52.53 and a 12 month high of $67.57.

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 business had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The business’s quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, research analysts expect that Dominion Energy will post 3.59 earnings per share for the current year.

Institutional Trading of Dominion Energy

A number of institutional investors and hedge funds have recently bought and sold shares of D. Brighton Jones LLC increased its stake in Dominion Energy by 64.3% in the 4th quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock worth $489,000 after acquiring an additional 3,553 shares during the last quarter. Empowered Funds LLC increased its stake in Dominion Energy by 8.3% in the 1st quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock worth $985,000 after acquiring an additional 1,344 shares during the last quarter. Woodline Partners LP increased its stake in Dominion Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock worth $3,979,000 after acquiring an additional 20,522 shares during the last quarter. Intech Investment Management LLC increased its stake in Dominion Energy by 71.2% in the 1st quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock worth $1,708,000 after acquiring an additional 12,663 shares during the last quarter. Finally, Schnieders Capital Management LLC. increased its stake in Dominion Energy by 9.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock worth $7,041,000 after acquiring an additional 10,775 shares during the last quarter. 73.04% of the stock is currently owned by institutional investors.

About Dominion Energy

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.