Dominion Energy's Board of Directors Sets 2021 Dividend Rate
Rhea-AI Summary
Dominion Energy's board has approved a 2021 dividend of $2.52 per share, with the first quarterly payment of 63 cents expected in March 2021. The company anticipates annual dividend-per-share growth of 6 percent starting in 2022. Serving over 7 million customers across 16 states, Dominion is committed to reducing its carbon footprint, aiming for net-zero emissions by 2050. All dividend payments are subject to quarterly board review.
Positive
- Approved a $2.52 per share dividend for 2021.
- Anticipates 6% annual dividend growth starting in 2022.
- Serves over 7 million customers, indicating stable demand.
Negative
- None.
News Market Reaction – D
In the trading session that priced this news, D gained 0.79%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
RICHMOND, Va., Dec. 11, 2020 /PRNewswire/ -- The board of directors of Dominion Energy (NYSE: D) today approved a 2021 dividend of
Beginning in 2022, the company expects annual dividend-per-share growth of 6 percent.
More than 7 million customers in 16 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable and safe energy and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit DominionEnergy.com to learn more.
Payment of the 2021 dividend is subject to quarterly determination and declaration by the board of directors of specific record and payable dates.
View original content to download multimedia:http://www.prnewswire.com/news-releases/dominion-energys-board-of-directors-sets-2021-dividend-rate-301191441.html
SOURCE Dominion Energy