03-31-2022
USD/share | |
Price | 84.97 |
Dividend | 2.67 |
Earnings | 4.09 |
Cash-flow | 5.00 |
Book value | 31.47 |
Equity | 30.52 |
Dominion Resources is part of Electricity business, which is part of Utilities industry. Dominion Resources is a company from USA, and his stocks are publicly traded.
Dominion Resources paid a total dividend of 2,155 million USD last year, for a market value of 68,571 millions (Market Cap 68,352 millions). Dividend per share of Dominion Resources is 2.67 USD, and his stock market price 84.97 USD.
According to the chart below, where dividend yield is displayed, Dominion Resources has a dividend yield of 3.14%, which is similar to the amount offered by both the market average and companies from USA. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.
In addition, you should compare Dominion Resources dividend yield with other Electricity companies or firms from USA.
Dominion Resources Dividend Payout
About the ability of Dominion Resources to maintain his current dividend of USD 2.67 per share, an amount that accounts for 3.14%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Dominion Resources payout on ernings is currently 65.28%, which is higher than the market average, and companies of Utilities industry, which are 38.25% and 54.88% respectively. Both figures show that Dominion Resources can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Dominion Resources is USD 5.00 per share, which is higher than the dividend per share paid by the company of USD 2.67, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Dominion Resources, compared againt world market average, USA companies, Utilities industry and Electricity sector companies.
Dominion Resources Dividend History
Year | Yield | USD | Paypout | Shares* |
Present | 3.14% | 2.67 | 65.28% | 807 |
2021 | 3.21% | 2.52 | 0.00% | 807 |
2020 | 3.35% | 2.52 | 144.83% | 816 |
2019 | 4.43% | 3.67 | 117.25% | 823 |
2018 | 4.67% | 3.34 | 97.66% | 653 |
2017 | 3.80% | 3.08 | 90.06% | 643 |
2016 | 3.82% | 2.80 | 88.61% | 626 |
2015 | 3.84% | 2.59 | 111.16% | 592 |
*In millions
Dominion Resources Stock performance
Finally, last moth Dominion Resources showed a return of 6.80% compared to a worldwide 1.12% average, and a 2.24% of Utilities firms. Over the last year, the company obtained a 11.90% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for USA and Electricity firms.