|Bid||78.33 x 1000|
|Ask||78.34 x 800|
|Day's Range||77.97 - 79.15|
|52 Week Range||57.79 - 90.89|
|Beta (5Y Monthly)||0.38|
|PE Ratio (TTM)||138.64|
|Earnings Date||May 05, 2020|
|Forward Dividend & Yield||3.76 (4.82%)|
|Ex-Dividend Date||Sep. 03, 2020|
|1y Target Est||81.85|
Dominion Energy (D) closed at $80.73 in the latest trading session, marking a +1.37% move from the prior day.
The U.S. power industry would struggle to meet presidential hopeful Joe Biden’s proposed mandate that it become carbon neutral by 2035 without some big breakthroughs in clean energy technology, according to a Reuters analysis of planning documents and a survey of top utilities. The country’s top power producers said rapid advances in nascent technologies - such as batteries to store power for lean times, carbon capture to trap waste from fossil fuels and advanced nuclear power - will be critical to reaching net-zero carbon dioxide emissions.
Investors hate dividend cuts. Sometimes, however, it's the right move. In Dominion Energy's case, it might even be a long-term win for shareholders.