- Dominion is a pure play utility operating within historically favorable jurisdictions. The profile of the company is now much more predictable after the asset sale to Berkshire Hathaway.
- Valuation levels have reached reasonability once again during a flash sale in utilities, and I have initiated a full position, completing a rather lucky round trip in my portfolio.
- With the company anticipating 6.5% EPS growth going forward along with a 3.6% dividend, 10%+ compounding returns at the current valuation seem achievable.
For further details see:
Dominion Energy: Buying Back In After A 6-Month Mental Health Break