By the end of the year it plans to cut its dividend by 28.
Dominion energy common stock.
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That s a significant reduction.
The rest of the money will go toward taxes and adjustments transaction costs.
Dividends on dominion energy common stock are paid as declared by the board of directors.
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Utility dominion energy nyse d announced that it was making a big change.
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Dominion plans to use 3 billion of the 4 billion in cash from the deal to buy back common stock in late 2020.
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