Dominion Energy Affirms Dividend, But Future Growth Prospects Uncertain

Dominion Energy has affirmed its dividend of $0.6675 per share, with a dividend yield of 4.5%. However, the company's dividend is not well-covered by earnings, and the payout ratio could be 66% in the next year. The dividend has been cut at least once in the last 10 years, and earnings per share growth is not expected to sustain the dividend in the long term.