Dominion Energy (Dominion Energy) Dividend Payout Ratio : 1.28 (As of Dec. 2023)

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What is Dominion Energy Dividend Payout Ratio?

Dominion Energy's dividend payout ratio for the months ended in Dec. 2023 was 1.28.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dominion Energy Inc is 0.86, which seems too high.

The historical rank and industry rank for Dominion Energy's Dividend Payout Ratio or its related term are showing as below:

D' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.66 Med: 0.91 Max: 1.8
Current: 0.86

During the past 13 years, the highest Dividend Payout Ratio of Dominion Energy was 1.80. The lowest was 0.66. And the median was 0.91.

D's Dividend Payout Ratio is ranked worse than
82.83% of 367 companies
in the Utilities - Regulated industry
Industry Median: 0.53 vs D: 0.86

As of today (2024-04-24), the Dividend Yield % of Dominion Energy is 5.22%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Dominion Energy was 6.68%. The lowest was 2.89%. And the median was 3.79%.

Dominion Energy's Dividends per Share for the months ended in Dec. 2023 was $0.67.

During the past 3 years, the average Dividends Per Share Growth Rate was -8.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dominion Energy was 9.40% per year. The lowest was -10.10% per year. And the median was 3.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Dominion Energy Dividend Payout Ratio Historical Data

The historical data trend for Dominion Energy's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dominion Energy Dividend Payout Ratio Chart

Dominion Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

1.80

0.83

0.84

1.24

0.97

Dominion Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.63	0.52	1.26	0.87	1.28

Competitive Comparison of Dominion Energy's Dividend Payout Ratio

For the Utilities - Regulated Electric subindustry, Dominion Energy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dominion Energy's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Dominion Energy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Dominion Energy's Dividend Payout Ratio falls into.

Dominion Energy Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Dominion Energy's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.67	/	2.744
	=	0.97

Dominion Energy's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.668	/	0.524
	=	1.27

Dominion Energy (NYSE:D) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Dominion Energy Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Dominion Energy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Dominion Energy (Dominion Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Dominion Energy Inc (NYSE:D) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

1D:Italy DOD:Germany DOD:Germany D1OM34:Brazil

Address

120 Tredegar Street, Richmond, VA, USA, 23219

Website

https://www.dominionenergy.com

Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.

Executives

Diane Leopold	other: President - Dominion Energy	120 TREDEGAR STREET, RICHMOND VA 23219
Susan N Story	director	ONE ENERGY PLACE, PENSCOLA FL 32520
Steven D Ridge	officer: SVP & CFO	120 TREDEGAR STREET, RICHMOND VA 23219
Kristin G Lovejoy	director	120 TREDEGAR STREET, RICHMOND VA 23219
Robert M Blue	officer: Senior Vice President	120 TREDEGAR STREET, RICHMOND VA 23219
William Keller Kissam	officer: President - Dominion Energy SC	DOMINION ENERGY, 120 TREDEGAR STREET, RICHMOND VA 23219
James R. Chapman	officer: SVP, CFO & Treasurer	120 TREDEGAR STREET, RICHMOND VA 23219
Mark J Kington	director	100 TREDEGAR STREET, RICHMOND VA 23219
Farrell Thomas F Ii	officer: Executive Vice President	P O BOX 26532, RICHOMOND VA 23261
Edward H Baine	officer: President - Dominion Energy VA	600 CANAL PLACE, RICHMOND VA 23219
Donald R. Raikes	officer: President - Gas Distribution	120 TREDEGAR STREET, RICHMOND VA 23219
Paul E Ruppert	officer: President-Gas Trans & Storage	5000 DOMINION BOULEVARD, GLEN ALLEN VA 23060
Daniel G. Stoddard	officer: SVP and Chief Nuclear Officer	5000 DOMINION BOULEVARD, GLEN ALLEN VA 23060
Michael E Szymanczyk	director	DOMINION RESOURCES, INC., 100 TREDEGAR STREET, RICHMOND VA 23219
Joseph M Rigby	director	SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037