55.91
1.14%
0.63
Handel nachbörslich:
55.99
0.08
+0.14%
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Warum fällt Dominion Energy Inc-Aktie (D)?
2023-10-02:
Shares of Dominion Energy (D) dropped by 5.28% from $44.67 to $42.31 in the trading on Monday October 2, 2023. The stock D is down today is due to the higher Treasuries' yield on 10-year. The nature of utilities makes their financials relatively predictable, with slow customer base growth and rate caps. This stability provides a foundation for steady dividends, which is why income investors often favor utilities. However, on Monday, the 10-year Treasuries yield jumped to its highest level since 2007, making them more appealing compared to utility dividends like Dominion, whose yield is at 6.3%.
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