Dominion Energy's Board of Directors Sets 2023 Dividend Rate; Declares Quarterly Dividend of 66.75 Cents

Rhea-AI Summary

Dominion Energy's board of directors has approved a 2023 dividend rate of $2.67 per share, which is subject to quarterly determination. Additionally, the company declared a quarterly dividend of 66.75 cents per share of common stock, payable on March 20, 2023, to shareholders of record by the close of business on March 3, 2023. This marks the 380th consecutive dividend paid to shareholders, showcasing the company's commitment to maintaining reliable returns. Dominion Energy services approximately 7 million customers across 16 states, focusing on sustainability and achieving Net Zero emissions by 2050.

Positive

• Declared a quarterly dividend of 66.75 cents per share, reinforcing investor confidence.
• Achieved 380 consecutive dividends, indicating a strong track record of return to shareholders.

Negative

• None.

News Market Reaction – D

-3.30%

-3.30% Session move

In the trading session that priced this news, D declined 3.30%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

RICHMOND, Va., Feb. 8, 2023 /PRNewswire/ -- The board of directors of Dominion Energy (NYSE: D) has approved a 2023 dividend rate of $2.67, subject to quarterly determination and declaration by the board.

It also has declared a quarterly dividend of 66.75 cents per share of common stock.

Dividends are payable on March 20, 2023, to shareholders of record at the close of business March 3, 2023.

This is the 380th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared Nov. 3, 2022.

About 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 safely providing reliable, affordable and sustainable energy and to achieving Net Zero emissions by 2050. Please visit DominionEnergy.com to learn more.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/dominion-energys-board-of-directors-sets-2023-dividend-rate-declares-quarterly-dividend-of-66-75-cents-301741887.html

SOURCE Dominion Energy

FAQ

What is the 2023 dividend rate for Dominion Energy (D)?

The 2023 dividend rate for Dominion Energy is $2.67 per share.

When is the next dividend payment for Dominion Energy (D)?

The next dividend payment is scheduled for March 20, 2023.

What is the amount of the quarterly dividend paid by Dominion Energy (D)?

The quarterly dividend declared is 66.75 cents per share.

How many consecutive dividends has Dominion Energy (D) paid?

Dominion Energy has paid 380 consecutive dividends to its shareholders.

Who qualifies for the upcoming dividend payment from Dominion Energy (D)?

Shareholders of record by March 3, 2023, will qualify for the upcoming dividend payment.