2024-03-15 17:34:31 ET
Summary
- Dominion Energy, Inc. shows signs of a turnaround with a clear growth plan and potential for 5-7% annual EPS growth.
- Dividend hikes may be delayed, but the company's commitment to maintaining its current dividend provides some security.
- Strong market demand and streamlined operations position Dominion Energy well for the future, despite its volatile past.
Introduction
I have written two articles on Dominion Energy, Inc. ( D ) on Seeking Alpha.
The most recent article was written on December 24, when I went with the title "Dominion Energy: I'm Turning Bullish On This 5.6%-Yielding Turnaround Play."
As the title gave away, I became bullish back then.
Since then, the stock has returned 4.2%. While this is lower than the market's 8.5% return, we are seeing the signs of a bottom, as it seems that the company is finally on a path to sustained growth and consistent shareholder returns....
Read the full article on Seeking Alpha
For further details see:
Dominion Energy: Why One Of The Most Disliked Stocks May Be 33% Undervalued