Dominion Declares Quarterly Dividend of 64.5 Cents Per Share; Declaration Represents Company's 300th Consecutive Dividend
RICHMOND, Va. - The board of directors of Dominion (NYSE:
D) on Feb. 17 declared a quarterly dividend of 64.5 cents per share of common
stock.
This is the 300th consecutive dividend that Dominion or its
predecessor company has paid holders of common stock and represents more than
77 consecutive years of dividends paid. Dominion's last quarterly dividend was
declared October 11, 2002.
Dividends are payable March 20, 2003 to holders of record
at the close of business February 28, 2003.
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 March 20, 2003 to holders of record at
the close of business February 28, 2003.
