Dominion EnergyNYSE: D

Dominion Energy serves one of the fastest-growing data center markets in the world. NextEra Energy has multiple ways to cash in on consumers' growing energy needs.

The U.S. is facing a massive surge in power demand from data centers and electrification of the economy. The forecast demand from data centers and electric vehicles alone through 2030 is equivalent to the entire electric demand of Turkey.

Dominion Energy (D) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Dominion Energy (D) concluded the recent trading session at $49.19, signifying a -1.42% move from its prior day's close.

Many high-quality companies pay dividends currently yielding over 5%. Several also have excellent records of increasing their high-yielding dividends.

$113,000 awarded to 13 nonprofits in North Carolina Grants awarded to 373 organizations across seven states Funding supports human needs, environmental stewardship, education, and community vitality ELIZABETH CITY, N.C. , June 18, 2024 /PRNewswire/ -- The Dominion Energy Charitable Foundation recently awarded more than $4.2 million in grants to nonprofit organizations across seven states.

Dominion Energy, Inc. has struggled with a low total return over the past decade, but recent developments offer hope for growth. The rise in data centers, particularly in Virginia, provides a significant tailwind for Dominion Energy's long-term electricity demand. With a 5.4% dividend yield, strategic investments in offshore wind, and debt reduction efforts, Dominion Energy presents a compelling investment opportunity.

In the latest trading session, Dominion Energy (D) closed at $51.46, marking a +0.04% move from the previous day.

Dominion Energy's (D) unit Dominion Energy Virginia further strengthens its infrastructure before the hurricane season. Burying power lines will allow it to provide power even during extreme weather conditions.