Dominion Energy's 88% Data Center Demand Spike Could Get the Dividend Growing Again
Dominion Energy (D -2.72%) is one of the largest regulated utilities in the United States. At the moment, it's offering a lofty 4.8% dividend yield at a time when the average utility's yield is just 2.8%. And yet it is still a hard stock to love because the company's performance around dividends has disappointed on occasion.News last month of an 88% spike in demand for energy from data centers could help get this high-yield stock back on its dividend feet. Here's why.What happened to Dominion Energy's divid ...