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Dominion Energy (LTS:0IC9) Dividend Payout Ratio : 0.68 (As of Sep. 2024)


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What is Dominion Energy Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Dominion Energy's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.68.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dominion Energy Inc is 0.98, which seems too high.

The historical rank and industry rank for Dominion Energy's Dividend Payout Ratio or its related term are showing as below:

LTS:0IC9' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.91   Max: 1.8
Current: 0.98


During the past 13 years, the highest Dividend Payout Ratio of Dominion Energy was 1.80. The lowest was 0.66. And the median was 0.91.

LTS:0IC9's Dividend Payout Ratio is ranked worse than
85.79% of 366 companies
in the Utilities - Regulated industry
Industry Median: 0.53 vs LTS:0IC9: 0.98

As of today (2024-12-15), the Dividend Yield % of Dominion Energy is 4.93%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Dominion Energy was 6.68%. The lowest was 2.89%. And the median was 4.28%.

Dominion Energy's Dividends per Share for the months ended in Sep. 2024 was $0.67.

During the past 3 years, the average Dividends Per Share Growth Rate was -8.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dominion Energy was 9.40% per year. The lowest was -10.10% per year. And the median was 3.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Dominion Energy Dividend Payout Ratio Historical Data

The historical data trend for Dominion Energy's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dominion Energy Dividend Payout Ratio Chart

Dominion Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 0.83 0.84 1.24 0.97

Dominion Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.87 1.23 1.22 1.03 0.68

Competitive Comparison of Dominion Energy's Dividend Payout Ratio

For the Utilities - Regulated Electric subindustry, Dominion Energy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dominion Energy's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Dominion Energy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Dominion Energy's Dividend Payout Ratio falls into.



Dominion Energy Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Dominion Energy's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=2.67/ 2.744
=0.97

Dominion Energy's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.668/ 0.98
=0.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dominion Energy (LTS:0IC9) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Dominion Energy Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Dominion Energy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dominion Energy Business Description

Address
120 Tredegar Street, Richmond, VA, USA, 23219
Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 30 gigawatts of electric generation capacity and more than 90,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.

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