Overview
- Dominion declared a $0.6675 quarterly dividend, record date February 27 and payable March 20, marking its 392nd consecutive payout.
- Duke announced a $1.065 quarterly dividend, record date February 13 and payable March 16, extending a 99‑year distribution streak.
- A federal judge on January 16 cleared Dominion to resume work on the Coastal Virginia Offshore Wind project after a Trump administration lease suspension citing national security concerns.
- Dominion has invested nearly $9 billion in the 2.6 GW offshore wind project, which reports say is expected to be operational this year within an $11.2 billion budget.
- RBC’s Stephen D’Ambrisi on January 23 cut Duke’s price target to $140 with a Sector Perform rating, highlighting potential demand benefits from data‑center growth in Virginia and neighboring states.