skegbydave/E+ via Getty Images Introduction I have a somewhat complicated relationship with utilities. Although I appreciate their anti-cyclical business models and the low-risk income they provide for investors, they are rather boring and prone to a number of headwinds, including sticky inflation, elevated rates, and billions in spending on renewable energy and infrastructure improvements. Especially the mix of aggressive capital spending and elevated rates has pressured utility stocks in the past. That sa ...

Dominion Energy (D) touched a new 52-week high of $58.13 on Sept. 5. It closed the trading session at $57.34, up 3.4% from that recorded on Aug. 28. This increase was fueled by the approval of Dominion Energy Virginia's application to extend North Anna Power Station's operating licenses for an additional 20 years. D stock has gained 21.7% in the past six months, outperforming the Zacks Utility- Electric Power industry's growth of 20.4%, the Zacks Utilities sector rally of 16.8% and the Zacks S&P 500 composi ...

These 3 stodgy dividend stocks are all beating the S&P 500 in 2024. The Federal Reserve could begin cutting interest rates as early as this month -- which could be great news for dividend stocks. Higher rates have made certificates of deposit and high-yield savings accounts more attractive to income investors over the past two years or so. But as rates of return begin going down again, there will be more incentive to hold dividend stocks. And that's not counting the ways lower rates could benefit the kinds ...

NextEra Energy gets a lot of attention on Wall Street and, thus, has a modest yield. Is it worth buying peer Dominion Energy for a higher yield? There is no such thing as a perfect stock investment. You always have to make trade-offs, balancing positive factors against negative ones. This is something that's important to consider when you look at giant U.S. utility NextEra Energy (NEE 1.25%). But don't think about this stock in a vacuum. Comparing it to another option, like Dominion Energy (D 0.81%), will h ...

These stocks offer more than just juicy dividend yields. Stocks with high dividend yields are attracting my attention more than ever these days. But dividends aren't my only consideration. I also focus on solid underlying businesses and growth prospects. There are plenty of good investment alternatives on the market, but a few especially stand out. Here are my three top high-yield dividend stocks to buy in September. 1. Dominion Energy Utility stocks might seem boring to many investors. However, boring is b ...

Nuclear Regulatory Commission extends North Anna's operating license through 2060, ensuring reliable, carbon-free power for decades RICHMOND, Va., Aug. 28, 2024 /PRNewswire/ -- The Nuclear Regulatory Commission (NRC) today approved Dominion Energy Virginia's application to extend North Anna Power Station's operating licenses for an additional 20 years. Gov. Glenn Youngkin, center, poses with a group of North Anna Power Station employees at an event there in July. (PRNewsfoto/Dominion Energy) Gov. Glenn Youn ...

Dominion Energy is a relatively boring utility with a high yield, but there's one important thing it is lacking that will turn some off. The S&P 500 index is yielding a paltry 1.2% today. The average utility, using Utilities Select SPDR ETF as a proxy, is yielding 3%. Dominion Energy's (D 0.09%) dividend yield is a far more hefty 4.7%. That will probably catch the eye of most income-oriented investors. But before you jump aboard, you'll want to understand a couple of caveats that come with owning Dominion E ...

If interest rates fall, these stocks should rise. "The time has come for policy to adjust." Those eight words from Federal Reserve Chairman Jerome Powell last week were like music to investors' ears. Powell signaled that, next month, interest rates could be reduced for the first time since March 2020. While the stock market could surge if interest rates come down, some individual stocks should perform especially well. Here are three stocks to buy hand over fist before the Fed (probably) cuts rates in Septem ...

Up 15% over the past year, Dominion Energy is in the middle of reshaping its business. There could be plenty of upside from here. Dominion Energy (D 0.05%) has been on a long journey, but it appears to be nearing the end of the effort. That's a good thing for investors and likely one of the reasons why the stock is up 15% or so over the past year. However, the shares remain 35% below their 2020 highs, and the dividend isn't expected to be increased for a little while as management focuses on paying down deb ...

You can brace for falling interest rates with a stake in Dominion Energy stock. Headquartered in Virginia, Dominion Energy (D 0.44%) is a utilities giant that knows how to reward its loyal shareholders with consistent income. That's meaningful in a time when practically every market commentator expects the Federal Reserve to start cutting the federal funds rate and, by extension, Treasury bond yields in September. It's fine to seek a government bond alternative in utility stocks, but utility companies aren' ...