53.69
price up icon0.07%   0.010
 
loading

Why is Dominion Energy Inc (D) Stock down?

We've noticed a 6.36% decline in Dominion Energy Inc (D) stock during the 2024-03-01 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
02 Oct, 2023:

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%.

utilities_regulated_electric PCG
$20.18
price up icon 0.90%
utilities_regulated_electric PEG
$85.49
price up icon 0.29%
utilities_regulated_electric AEP
$92.55
price down icon 0.36%
utilities_regulated_electric XEL
$68.08
price up icon 0.49%
utilities_regulated_electric EXC
$37.49
price up icon 0.35%
Cap:     |  Volume (24h):