Dominion Energy (D) will raise its quarterly dividend by another 2.0 percent to $0.77 per share in the fourth quarter of 2017. Earlier this year the utility company already raised its quarterly dividend from $0.70 to $0.755 per share.
The increased dividend is payable on December 20, 2017, to shareholders of record at the close of business December 1, 2017. The ex-date for this next dividend of 77 cents is November 30, 2017.
For Dominion 2017 will mark the 14th consecutive year of annual dividend increases.
Dominion Energy, formerly Dominion Resources, Inc., is a diversified utility holding company. Domionion generates, transmits, distributes, and sells electric energy in Virginia and northeastern North Carolina and operates one of the nation's largest natural gas storage systems with 1 trillion cubic feet of storage capacity and serves more than 6 million utility and retail energy customers.