When rates go down, these stocks should go up. Four-plus years passed without an interest-rate cut from the Federal Reserve. That changed Wednesday when the Fed lowered rates by an unexpectedly large 0.5%. Investors' initial reactions were muted. However, the stock market soared on Thursday as they digested the impact of the big rate cut. Even better, the Federal Open Market Committee indicated that interest rates could be reduced by another 0.5% by the end of the year. The Fed's move could be just the tick ...

RICHMOND, Va., Sept. 19, 2024 /PRNewswire/ -- Dominion Energy Virginia today announced the launch of the Residential Charger Program, a new turnkey solution for customers interested in a Level 2 home charging system for their electric vehicle (EV). The program reduces upfront costs by allowing participating customers to pay for charging equipment and installation over time on their monthly bills. It also reduces barriers to installation by offering turnkey implementation services from certified and licensed ...

RICHMOND, Va., Sept. 18, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), announced today that it will redeem for cash all of its outstanding 2014 Series A Enhanced Junior Subordinated Notes due 2054 (the Notes) on Oct. 8, 2024 (the Redemption Date), at a price of 100% of the principal amount of the Notes, plus accrued and unpaid interest through, but not including, the Redemption Date. The total principal amount of the Notes outstanding is $685 million. As previously announced, in May 2024, Dominion E ...

In the latest trading session, Dominion Energy (D) closed at $58.53, marking a +0.64% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.13%. Elsewhere, the Dow saw an upswing of 0.55%, while the tech-heavy Nasdaq depreciated by 0.52%. Shares of the energy company witnessed a gain of 3.84% over the previous month, trailing the performance of the Utilities sector with its gain of 5.44% and outperforming the S&P 500's gain of 3.67%. Market participants will be close ...

The time is right to buy all three of these high-yield dividend stocks. Income investors can't always be too picky about when they buy stocks. They sometimes need to put their money to work regardless of what's happening in the stock market or if there's uncertainty about upcoming elections. However, income investors can always be picky about which stocks they buy. The good news is that there are several great options right now. Here are three high-yield dividend stocks to buy hand over fist in September. 1 ...

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 ...

Group 1: Dominion Energy - Dominion Energy's stock has seen significant appreciation since early July, driven by investor anticipation of interest rate cuts [3] - The company's forward dividend yield stands at 4.8%, making it attractive to income investors as lower interest rates reduce bond yields [4] - Dominion serves over 4.5 million customers across 13 states, with a key growth opportunity in Virginia, particularly in the data center market [5] Group 2: Realty Income - Realty Income offers a forward dividend yield of 5.1% and pays dividends monthly, which is appealing to investors [6] - The company has a strong track record of increasing its dividend for 29 consecutive years at a compound annual growth rate of 4.3% [6] - Lower interest rates are expected to benefit Realty Income by attracting income investors and reducing borrowing costs for property acquisitions [7] - The REIT is also looking to expand its presence in Europe, which has a larger net lease market compared to the U.S. [8] Group 3: United Parcel Service (UPS) - UPS has faced challenges this year, including a decline in revenue and earnings, largely due to competition from Amazon [9] - The company anticipates improved performance in the second half of the year, with a focus on higher-margin opportunities in healthcare logistics [10] - UPS is restarting its stock buyback program, planning to repurchase around $500 million in shares this year, increasing to approximately $1 billion annually [11] - The forward dividend yield for UPS is 5.1%, supported by ongoing demand for package delivery, which is expected to generate sufficient free cash flow [11]