
Dominion Energy, Inc.
DUtilities · Utilities - Regulated Electric · Stock · quarterly payer
Forward Yield
4.01%
Annual Dividend
$2.67
Payout Ratio
88%
5-Yr Growth
-5.0%
Ex-Date
Dec 4, 2026
Frequency
Quarterly
Key facts about D's dividend
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, Dominion Energy, Inc. (D) has a forward dividend yield of 4.01%, based on an annual dividend of $2.67 per share and a share price of $66.62.
- As of Nov 2, 2026, D's dividend safety grade from SmarterDividends is C (59 out of 100), which rates the dividend as borderline.
- D last cut its regular dividend in 2021.
- D's next ex-dividend date is Dec 4, 2026, with payment on Dec 20, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 2, 2026, D pays out 88% of its trailing 12-month earnings as dividends (its payout ratio).
- D's dividend has shrunk at an average rate of 5.0% a year over the past five years.
- As of Nov 2, 2026, SmarterDividends' blended fair-value estimate for D is $56.36 per share, 15% below the $66.62 share price, so D screens as overvalued.
- Dominion Energy, Inc. (D) pays its dividend quarterly, 4 times a year.
- Dominion Energy, Inc. (D) has raised its regular dividend 30 times and cut it 1 time across the 168 payments on record since 1984. Its most recent change was a 6.0% increase to $0.668 per share, going ex-dividend on Mar 3, 2022. The last cut went ex-dividend on Dec 3, 2020.
Cite this page
SmarterDividends, "D Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 2, 2026, https://smarterdividends.com/stocks/D
Summary
As of Nov 2, 2026, Dominion Energy, Inc. (D) yields 4.01% ($2.67 a year per share) and has a dividend safety grade of C (59/100).
Is D a good dividend stock?
Yes, with caveatsDominion Energy, Inc. (D) pays a quarterly dividend yielding 4.01% ($2.67/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (88%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.01%
- Payout Ratio
- 88%
- Annual Dividend
- $2.67
- 5-Yr Avg Growth
- -5.0%
- Ex-Dividend Date
- Dec 4, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- $58.6B
- P/E Ratio
- 22.0
- 5-Yr Total Return
- -6%
- 52-Week Range
- $55.85 – $72.99
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2021)
D dividend raises and cuts
Dominion Energy, Inc. (D) has raised its regular dividend 30 times and cut it 1 time across the 168 payments on record since 1984. Its most recent change was a 6.0% increase to $0.668 per share, going ex-dividend on Mar 3, 2022. The last cut went ex-dividend on Dec 3, 2020.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 3, 2022 | Raise | $0.630 → $0.668 | +6.0% |
| Dec 3, 2020 | Cut | $0.940 → $0.630 | −33.0% |
| Feb 27, 2020 | Raise | $0.918 → $0.940 | +2.4% |
| Feb 28, 2019 | Raise | $0.835 → $0.918 | +9.9% |
| Mar 1, 2018 | Raise | $0.770 → $0.835 | +8.4% |
| Nov 30, 2017 | Raise | $0.755 → $0.770 | +2.0% |
| Mar 1, 2017 | Raise | $0.700 → $0.755 | +7.9% |
| Mar 2, 2016 | Raise | $0.648 → $0.700 | +8.0% |
| Feb 25, 2015 | Raise | $0.600 → $0.648 | +8.0% |
| Feb 26, 2014 | Raise | $0.563 → $0.600 | +6.6% |
| Feb 26, 2013 | Raise | $0.527 → $0.563 | +6.8% |
| Feb 29, 2012 | Raise | $0.493 → $0.528 | +7.1% |
Show all 31 changes since 1985
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 2, 2011 | Raise | $0.458 → $0.493 | +7.6% |
| Feb 24, 2010 | Raise | $0.438 → $0.458 | +4.6% |
| Feb 25, 2009 | Raise | $0.395 → $0.438 | +10.9% |
| Feb 27, 2008 | Raise | $0.355 → $0.395 | +11.3% |
| Feb 21, 2007 | Raise | $0.345 → $0.355 | +2.9% |
| Feb 22, 2006 | Raise | $0.335 → $0.345 | +3.0% |
| Feb 23, 2005 | Raise | $0.333 → $0.335 | +0.8% |
| Nov 24, 2004 | Raise | $0.323 → $0.333 | +3.1% |
| Nov 25, 1994 | Raise | $0.318 → $0.323 | +1.6% |
| Nov 24, 1993 | Raise | $0.308 → $0.318 | +3.3% |
| Nov 23, 1992 | Raise | $0.298 → $0.308 | +3.4% |
| Feb 25, 1992 | Raise | $0.297 → $0.298 | +0.3% |
| Nov 25, 1991 | Raise | $0.287 → $0.297 | +3.5% |
| Nov 26, 1990 | Raise | $0.277 → $0.287 | +3.6% |
| Nov 24, 1989 | Raise | $0.267 → $0.277 | +3.7% |
| Nov 28, 1988 | Raise | $0.257 → $0.267 | +3.9% |
| Nov 23, 1987 | Raise | $0.247 → $0.257 | +4.1% |
| Nov 24, 1986 | Raise | $0.237 → $0.247 | +4.2% |
| Nov 22, 1985 | Raise | $0.227 → $0.237 | +4.4% |
Frequently Asked Questions
Is D a good dividend stock?
Yes, with caveats. Dominion Energy, Inc. (D) pays a quarterly dividend yielding 4.01% ($2.67/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is D undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, D's fair value is about $56.36 versus a $66.62 share price — so it looks overvalued (-15% vs. fair value).
Is D's dividend safe?
D has a dividend-safety grade of C (59/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2021, debt and yield-versus-history.
What is D's fair value?
Our blended fair-value estimate for D is about $56.36 per share, about 15% below the current $66.62 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is D a buy, hold, or sell?
We don't issue formal ratings, but on the data D screens as "yes, with caveats" and overvalued. Dominion Energy, Inc. (D) pays a quarterly dividend yielding 4.01% ($2.67/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will D cut its dividend?
D earns a dividend-safety grade of C (59/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does D pay a dividend?
Yes. Dominion Energy, Inc. pays a quarterly dividend of about $2.67 per share annually, a forward yield of roughly 4.01%.
What is D's dividend yield?
As of Nov 2, 2026, D's forward dividend yield is 4.01%, based on a $2.67 annual dividend and a $66.62 share price.
What is D's dividend per share?
As of Nov 2, 2026, D pays $2.67 per share per year, distributed on a quarterly basis.
What is D's dividend payout ratio?
As of Nov 2, 2026, D's payout ratio is 88% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has D grown its dividend?
D does not currently have a long dividend-growth streak on record.
When is the next D ex-dividend date?
As of Nov 2, 2026, the next ex-dividend date on record for D is Dec 4, 2026.
D Price — Last 12 Months
Daily close
Price Return
1 Year
+6%
3 Years
+47%
5 Years
-6%
52-Week Range
$55.85 – $72.99
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is D worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Dominion Energy, Inc. is $56.36 per share, versus a market price of $66.62. That implies 15% of downside.
Fair Value
$56.36
Current Price
$66.62
Downside
-15%
Margin of Safety
-18%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 6.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), 6.9% growth for five years fading to 2.5% over the next five, $3.03 EPS, $2.67 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
D Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full D dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 4, 2026 | Sep 20, 2026 | $0.6680 | regular |
| May 29, 2026 | Jun 20, 2026 | $0.6680 | regular |
| Feb 27, 2026 | Mar 20, 2026 | $0.6680 | regular |
| Dec 5, 2025 | Dec 20, 2025 | $0.6680 | regular |
| Sep 5, 2025 | Sep 20, 2025 | $0.6680 | regular |
| May 29, 2025 | Jun 20, 2025 | $0.6680 | regular |
| Feb 28, 2025 | Mar 20, 2025 | $0.6680 | regular |
| Nov 29, 2024 | Dec 20, 2024 | $0.6680 | regular |
| Aug 30, 2024 | Sep 20, 2024 | $0.6680 | regular |
| May 31, 2024 | Jun 20, 2024 | $0.6680 | regular |
| Feb 29, 2024 | Mar 20, 2024 | $0.6680 | regular |
| Nov 30, 2023 | Dec 20, 2023 | $0.6680 | regular |
| Aug 31, 2023 | Sep 20, 2023 | $0.6680 | regular |
| Jun 1, 2023 | Jun 20, 2023 | $0.6680 | regular |
Income Calculator
At $2.67 / yr per share
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