D - Dominion Energy Is About To Offer An Almost 9-Year High Dividend Yield
Dominion Energy (D) has dramatically underperformed the market in the last two years. During this period, the stock has lost 1% whereas the S&P has rallied 35%. Consequently, the stock has been out of favor with investors. However, income-oriented investors should realize that the stock is about to meaningfully raise its dividend and thus offer an almost 9-year high dividend yield of 5.0%. Even better, it is likely to offer generous dividend hikes in the years ahead. Therefore, investors should put the stock on their radar.
The reasons behind the underperformance
The main