Dominion Energy's Board of Directors Sets 2022 Dividend Rate

Rhea-AI Summary

The board of directors of Dominion Energy (NYSE: D) has announced a 2022 dividend of $2.67 per share, reflecting a 6% increase from the 2021 rate of $2.52 per share. The first quarterly dividend of 66.75 cents per share is set to be paid in March 2022, pending board approval in January. The company serves about 7 million customers across 13 states and is committed to achieving net-zero emissions by 2050.

Positive

• 2022 dividend increased to $2.67 per share, a 6% rise from 2021.
• First quarterly payment of 66.75 cents per share scheduled for March 2022.
• Commitment to net-zero carbon and methane emissions by 2050.

Negative

• None.

RICHMOND, Va., Dec. 15, 2021 /PRNewswire/ -- The board of directors of Dominion Energy (NYSE: D) today approved a 2022 dividend of $2.67 per share of common stock, a 6% increase above the 2021 dividend rate of $2.52 per share. Subject to board declaration in January, the first quarterly dividend of 66.75 cents per share will be payable in March 2022.

About 7 million customers in 13 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 2022 dividend is subject to quarterly determination and declaration by the board of directors of specific record and payable dates.

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SOURCE Dominion Energy

FAQ

What is the dividend amount for Dominion Energy in 2022?

The dividend amount for Dominion Energy in 2022 is $2.67 per share.

When will the first quarterly dividend be paid by Dominion Energy?

The first quarterly dividend of 66.75 cents per share will be paid in March 2022.

How much was the dividend increase from 2021 for Dominion Energy?

The dividend increased by 6%, from $2.52 per share in 2021 to $2.67 per share in 2022.

What is Dominion Energy's commitment regarding emissions?

Dominion Energy is committed to achieving net-zero carbon dioxide and methane emissions by 2050.