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

Key Points

• Dominion Energy declared a quarterly dividend of $0.6675 per share (annualized yield ~4.2%), with shareholders of record on May 29 and payment scheduled for June 20 (ex-dividend date May 29).
• The dividend appears largely covered: Dominion's payout ratio is about 74.6%, and analysts expect roughly $3.82 EPS next year, implying the $2.67 annual dividend would be supported (projected payout ~69.9%).
• Dominion beat the quarter with $0.95 EPS vs. $0.90 expected and $5.02B revenue (up 23.1% YoY), and issued FY2026 EPS guidance of $3.45–$3.69; consensus rating is "Hold" with an average target of $66.

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

Dominion Energy has decreased its dividend payment by an average of 0.0%annually 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 $3.82 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%.

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Dominion Energy Trading Up 0.0%

NYSE:D opened at $62.96 on Wednesday. The company's 50-day simple moving average is $62.50 and its 200 day simple moving average is $61.28. The firm has a market capitalization of $55.37 billion, a P/E ratio of 18.63, a PEG ratio of 3.31 and a beta of 0.65. Dominion Energy has a one year low of $52.53 and a one year high of $67.57. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.59.

Dominion Energy (NYSE:D - Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, beating 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 firm's quarterly 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 forecast that Dominion Energy will post 3.59 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Morgan Stanley decreased their target price on shares of Dominion Energy from $69.00 to $68.00 and set an "equal weight" rating for the company in a report on Tuesday, April 21st. Wells Fargo & Company decreased their target price on shares of Dominion Energy from $67.00 to $64.00 and set an "overweight" rating for the company in a report on Tuesday, January 20th. Barclays lifted their target price on shares of Dominion Energy from $66.00 to $70.00 and gave the stock an "overweight" rating in a report on Monday. Jefferies Financial Group lifted their target price on shares of Dominion Energy from $60.00 to $65.00 and gave the stock a "hold" rating in a report on Friday, April 10th. Finally, TD Cowen assumed coverage on Dominion Energy in a research note on Friday, January 9th. They issued a "hold" rating and a $65.00 price target for the company. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Dominion Energy currently has a consensus rating of "Hold" and an average target price of $66.00.

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.

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