Dividend ConcernsDominion pays a dividend of $2.67 per year, with a yield of 5.5% but has not raised its dividend since March 2022, and the payout may not be secure.
Earnings PerformanceOperating earnings in 4Q23 fell to $0.29 per share versus guidance of $0.35 per share.
Operational ChallengesWith transmission operations in 13 states, Dominion faces high maintenance and infrastructure costs, and risks from storms.