RICHMOND, Va., Oct. 22 /PRNewswire-FirstCall/ -- The board of directors of Dominion (NYSE: D) has declared a quarterly dividend of 45.75 cents per share of common stock.
Dividends are payable on Dec. 20, 2010, to shareholders of record Nov. 29, 2010.
This is the 331st consecutive dividend that Dominion or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared July 21, 2010.
The board of directors of Virginia Electric and Power Company, a subsidiary of Dominion, also declared regular quarterly dividends at the prescribed rates on each of its series of preferred stock. Preferred dividends on the company's fixed-rate preferred stock are payable Dec. 20, 2010, to holders of record at the close of business Nov. 29, 2010.