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 Dec. 20, 2006, to shareholders of record Dec. 1, 2006.
This is the 315th
consecutive dividend that Dominion or its predecessor company has paid holders
of common stock. The company’s last quarterly dividend
was declared Aug. 3, 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 Dec. 20,
2006 to holders of record at the close of business Dec. 1, 2006.