The board of directors of Dominion (NYSE: D) has declared
a quarterly dividend of 71 cents per share of common stock. Dividends are payable
on June 20, 2007, to shareholders of record June 1, 2007.
This
is the 317th consecutive dividend that Dominion or its predecessor company
has paid holders of common stock. The company’s last quarterly dividend
was declared Jan. 26, 2007.
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,
2007, to holders of record at the close of business June 1, 2007.