What Investors Should Know about Dominion Energy’s Dividends
Dominion Energy’s (D) payout ratio (the percentage of profit that it gave away in the form of dividends) was 81% in 2016, which is higher than the industry average and slightly on the lower side of its five-year payout average of 85%.
Dec. 4 2020, Updated 10:53 a.m. ET
Dominion Energy’s dividend statistics
In this part, we’ll look at the payout ratios of some of the top utilities in this part. Dominion Energy’s (D) payout ratio (the percentage of profit that it gave away in the form of dividends) was 81% in 2016, which is higher than the industry average and slightly on the lower side of its five-year payout average of 85%. Dominion Energy’s peer and the clean energy leader NextEra Energy’s (NEE) payout ratio is around 55%.
The payout ratio of regulated utility giants such as Duke Energy (DUK) and Southern Company (SO) was in the range 85% to 90% in 2016.