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DRUA - Dominion Energy: A Bright Stock During The Pandemic
Dominion Energy Inc. 2016 Series A 5.25% Enhanced Junior Subordinated Notes due 2076
The global pandemic has many investors lost. Given we have seen over 30 million Americans file for unemployment, the stock market appears un-phased. One example, the S&P 500 is up approximately 1.1% during the last two weeks. However, that is not the only news warranted. Dividend investors have been turned upside down.
Dividend cuts have been plenty. Earlier this month, Shell (RDS.B) reduced their dividend 66%, for the first time since the World War Two. Then, Disney (DIS) opted to forgo their first half dividend payment. Further, WestRock (WRK),