RICHMOND, Va. – The board of directors of Dominion (NYSE:
D) has declared a quarterly dividend of 69 cents per share of common stock.
Dividends are payable on June 20, 2006, to shareholders of
record June 2, 2006.
This is the 313th consecutive dividend that Dominion or its
predecessor company has paid holders of common stock. The company’s last
quarterly dividend was declared January 24, 2006.
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 June 20, 2006 to holders of record at
the close of business June 2, 2006.