Bureau of Ocean Energy Management provides final approval of Coastal Virginia Offshore Wind's (CVOW) Construction and Operations Plan Army Corps of Engineers issues permit to ramp up onshore construction activities CVOW remains on budget and on schedule to begin offshore construction in the second quarter of this year RICHMOND, Va., Jan. 30, 2024 /PRNewswire/ -- Dominion Energy announced today it has received the last two major federal approvals needed to begin construction of its 2.6-gigawatt Coastal Vir ...

RICHMOND, Va., Jan. 26, 2024 /PRNewswire/ -- The board of directors of Dominion Energy (NYSE: D) has declared a quarterly dividend of 66.75 cents per share of common stock. Dividends are payable on March 20, 2024, to shareholders of record at the close of business March 1, 2024. This is the 384th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared Nov. 2, 2023. SOURCE Dominion Energy ...

The latest trading session saw Dominion Energy (D) ending at $44.15, denoting a -1.45% adjustment from its last day's close. This change lagged the S&P 500's 0.08% gain on the day. On the other hand, the Dow registered a loss of 0.26%, and the technology-centric Nasdaq increased by 0.36%.Prior to today's trading, shares of the energy company had lost 4.78% over the past month. This has was narrower than the Utilities sector's loss of 6.64% and lagged the S&P 500's gain of 2.4% in that time.The investment co ...

One of the hallmarks of a diversified portfolio is dividend investments. Dividends can provide investors with steady passive income streams and help strengthen the overall position of your portfolio.The four stocks explored below operate in the energy sector. Given the high dividend yield of each stock, investing $135,000 split equally among these energy leaders could help generate $10,000 of dividend income.Let's dig into why these companies deserve a look for your portfolio and how each has proven to be a ...

Enbridge (ENB -0.54%) earns about 16 billion Canadian dollars ($11.9 billion) each year. More than half of that income (57% in 2023) comes from its liquids pipelines business. The energy infrastructure company operates the longest and most-complex crude oil and liquids transportation system in the world. It handles 30% of all the oil produced in North America each year. Enbridge's liquids pipelines are crucial to supporting its big-time dividend (currently yielding 7.3%). But while oil is the company's main ...

For investors banking on some volatility in 2024, now may be a good time to consider rebalancing one’s portfolio. After all, the beginning of the year is often the time many investors consider the balance of their portfolios. Wisely, they want to position themselves for a given 12-month period.Over the next year, interest rates are expected to come down, which could boost growth stocks. However, various highly stable and profitable companies in more defensive sectors may be the better bet. Consider rotating ...

After the rollercoaster ride which was 2023, many investors are looking for opportunities in the new year. While the broader market recovered strongly, the rally left some high-quality companies behind. With beaten-down valuations but improving fundamentals, these dirt-cheap stocks could be primed for a rebound in 2024.As we enter the year, I’m optimistic about the economic outlook for 2024. Growth is expected to continue, the job market remains robust, and the Fed is likely to start cutting rates. Barring ...

RiverNorthPhotography/iStock via Getty Images The Moat The first thing that strikes me as soon as you look at Dream Office Real Estate Investment Trust (D.UN:CA, OTC:DRETF) is its well-curated property portfolio with a very strong moat, so much so that the management never tires of repeating this quality to investors. It owns a portfolio of difficult-to-replace mid-rise heritage office buildings in Toronto's central business district. The moat comes from a high barrier to entry against comparable new supply ...

Dominion Energy (D -1.15%) is up 24.1% from its 52-week low -- which sounds like a lot until you realize the stock is still down 17.9% over the last year and 36.8% over the last five years compared to impressive gains in the S&P 500.Still, the comeback is a big move in a short period of time from a stodgy, reliable, dividend-paying utility. But Dominion has been anything but that -- cutting its dividend in late 2020 and only slightly raising it since then.So how could a company that has disappointed investo ...

iantfoto I must admit that Dominion Energy, Inc. (NYSE:D) has been one of the most challenging stocks in my coverage, as my previous bullish thesis on the leading multi-utilities has not panned out. I last updated investors in May 2023, as I assessed D could have formed its long-term bottom. However, the market had other ideas, as the 10Y (US10Y) didn't top out until October 2023. As a result, I believe the market has gotten the downtrend bias in D spot on, as D was battered further. While the timing of ...