Corporate

Dominion Share Price List

The price of shares purchased through Dominion Direct and the Automatic Dividend Reinvestment and Stock Purchase Plan can be determined from the information which was provided to you on quarterly statements. Dominion Resources does not have a computer printout of the history of your account.

Select the links below for more information. If you need further assistance, please contact a tax advisor.

Introduction

The price of shares purchased through Dominion Direct and the Automatic Dividend Reinvestment and Stock Purchase Plan can be determined from the information which was provided to you on quarterly statements. Dominion Resources does not have a computer printout of the history of your account.

If you are computing your cost basis as it relates to shares exchanged during the merger of CNG and Dominion, please refer to the Dominion Merger Tax Information page for more information.

To determine the cost of shares purchased through the Customer Stock Purchase Plan, please refer to annual statements provided to you at the end of each Customer Plan year. [See the Customer Stock Purchase Plan Prices topic below.]

The cost basis of your shares is the total amount of money you invested through:

  • purchase of stock from a stockbroker;
  • purchase of stock through the Customer Stock Purchase Plan; and
  • direct purchase of stock through the Company by means of reinvesting dividends and/or optional cash investments.

Any shareholder may have purchased stock through any or all of the above listed methods of purchase.

Add together the total dollar amount(s) invested to give you a cost basis for all of the stock you own. Four additional important things to consider when figuring the cost of Dominion Resources stock are:

  • the Exchange of Virginia Electric & Power Co. common stock for Dominion Resources common stock in 1983;
  • the 3-for-2 stock split in January, 1992;
  • the 2-for-1 stock split in November, 2007; and
  • the tax deferment on dividends which purchased shares through a qualified reinvestment plan between December 31, 1981 and December 31, 1985. [See the Four Important Things to Remember When Figuring the Cost Basis of Dominion Resources Common Stock topic below.]


After determining the cost basis for your stock, take the difference between what you paid for the stock and what you received for the stock at the time of sale and determine whether you had a capital gain or loss. Report the gain or loss on Schedule D of your IRS tax return. If you sold only a portion of your stock, it may be necessary for you to talk with your tax advisor to determine which shares you sold and what gain or loss you had.

If you need further assistance, please contact a tax advisor.

Dominion Resources, Inc.
Shareholder Services
 

Four Important Things to Remember When Figuring the Cost Basis of Dominion Resources Common Stock
  1. The exchange of Virginia Electric & Power Company (VEPCO) common stock for Dominion Resources, Inc. (DRI) common stock.
     
    On May 19, 1983, VEPCO formed Dominion Resources, Inc., its holding company. All outstanding shares of VEPCO common stock were called to be exchanged for DRI common stock at the rate of 2 shares of DRI common stock for 3 shares of VEPCO common stock.
     
    Although the number of shares you owned after the "exchange" was approximately 2/3 the number of VEPCO shares you owned before the exchange, the cost basis of your DRI shares of Common stock remained the same as the cost basis of the original shares of VEPCO common stock minus any dollar amount refunded for a fractional share. If the exchange was an even exchange, there was no check for a fraction.

    Examples:
    • If you owned 100 shares of VEPCO common stock prior to the "exchange", you received 66 2/3 shares of DRI common stock from the "exchange". Suppose you paid $15.00 per share for the original 100 shares of VEPCO stock, the total investment would have been $1,500.00. As a result of the exchange, you would have received a certificate for 66 shares of DRI common stock and a check for $15.31. Therefore, the cost basis for your 66 shares of DRI common stock would be $1,500.00 minus $15.31 or $1,484.69.
    • If you owned 150 shares of VEPCO common stock prior to the "exchange", you received 100 shares of DRI common stock in "exchange". If you paid $15.00 per share for the 150 original shares, the cost basis for the 150 shares was $2,250.00. After the exchange, the cost basis for your 100 shares of DRI common stock was also $2,250.00. Shares held in the dividend reinvestment plan prior to the exchange were exchanged automatically and reported to you on the quarterly statement at the time of the "exchange" (June 20, 1983 statement).
       
  2. The 3 for 2 stock split dated January 23, 1992.
     
    On January 23, 1992, Dominion Resources had a 3 for 2 stock split. For every two shares of DRI common stock you owned on January 2, 1992, you received one additional share of stock. Certificate shares earned additional certificated shares. Shares held in the dividend reinvestment plan received additional "plan" shares which appeared on a special statement dated January 23, 1992.
     
    Since the additional shares were based on the number of shares already owned, the cost basis for the split shares became 1/3 of the cost basis of the original shares, and the post-split cost basis of the original shares became 2/3 of the original cost basis.
     
    Examples:
    • If you owned 200 shares of DRI common stock before the split, you received an additional 100 shares of DRI common stock in the split. If the cost per share of the original 200 shares was $35.00, the total cost of the 200 shares was $7,000.00. After the split, the cost basis for the 300 shares was also $7,000.00. To break it down, the cost basis for the 200 original shares became $4,666.67, and the cost basis for the 100 split shares was $2,333.33.
    • If you owned 25 shares of DRI common stock before the split, you received an additional 12 shares and a check for $18.94, representing the sale of 1/2 share. [Any account with uneven shares before the split received a check for $18.94 representing the sale of 1/2 share.] If the cost per share of the original 25 shares was $35.00, the total cost basis for the 25 shares was $875.00. After the split, the cost basis for the 37 shares was $875.00 minus $18.94 or $856.06. To break it down, the post-split cost basis for the 25 original shares became $570.70, and the cost basis for the 12 split shares was $285.36.
  3. 2 for 1 stock split dated November 19, 2007.
     
    On November 19, 2007, Dominion Resources had a 2 for 1 stock split.  For every one share of DRI common stock you owned on November 9, 2007, you received one additional share of stock.  Certificate shares receiving cash dividends earned a book-entry form of shares through the direct registration form of ownership.  Certificate shares reinvesting the dividends and shares held in the dividend reinvestment plan received additional "plan" shares which appeared on a special statement dated November 19, 2007.
     
    Since the additional shares were based on the number of shares already owned, the cost basis for the split shares became 1/2 of the cost basis of the original shares, and the post-split cost basis of the original shares became 1/2 of the original cost basis.
     
    Example:
    • If you owned 200 shares of DRI common stock before the split, you received an additional 200 shares of DRI common stock in the split.  If the cost per share of the original 200 shares was $35.00, the total cost of the 200 shares was $7,000.00.  After the split, the cost basis for the 400 shares was also $7,000.00.  To break it down, the cost basis for the 200 original shares became $3,500.00, and the cost basis for the 200 split shares was $3,500.00.
  4. Tax-deferred dividends.
     
    From December 31, 1981 through December 31, 1985 shareholders were allowed to defer paying tax on reinvested dividends up to $750.00 for an individual and $1,500.00 for a joint return. If you chose to defer paying tax on your reinvested dividends during that time period, the shares purchased with the reinvested dividends are considered to have a "0" (zero) cost basis. If you continued paying tax on dividends during the years 1982-85, figure the cost basis as you would at any other time before or after.
Customer Stock Purchase Plan Prices

 

VEPCO

DOMRS

1980 – 81

11.292

 

1981 – 82

12.458

 

1982 – 83

 

21.76600

1983 – 84

 

22.92200

1984 – 85

 

29.51000

1985 – 86

 

38.07290

1986 – 87

 

45.27038

1987 – 88

 

42.54687

1988 – 89

 

43.05700

1989 – 90

 

44.76042

1990 – 91

 

46.51562

1991 – 92

 

36.53100

1992 – 93

 

41.65100

1993 – 94

 

43.17708

1994 – 95

 

36.78645

1995 – 96

 

39.19270

 
Worksheet

To figure shares purchased through reinvested dividends, you need the following:

  1. Number of shares from which dividends are generated (initially, the shares may be certificated shares)
  2. Date of Dividend payment (See the Virginia Electric and Power Company Automatic Dividend Reinvestment Plan information)
  3. Price per share of stock purchased (See the Virginia Electric and Power Company Automatic Dividend Reinvestment Plan information)
  4. Dividend Rate (See the Virginia Electric and Power Company Automatic Dividend Reinvestment Plan information)


Shareholders with certificated shares:

To calculate the shares purchased on a given date:

  1. Find the dividends earned by multiplying the number of certificated shares you hold (example 100) by the dividend rate (example, $.40): 

         100  shares held by you
       x .40  dividend rate
    $40.00  dividend paid
  2. Determine the number of shares purchased by dividing the dividend ($40.00) by the Price Per Share example, $21.625).
     
    $40.00 divided         by $21.625               = 1.850
    (Dividend paid)     (Price per share)     (Number of shares purchased)
  3. The above example shows that $40.00 (the dividend earned on 100 shares) purchased 1.850 shares of DRI common stock which were deposited in the dividend reinvestment plan as "Plan" shares.


On the next dividend payment date and subsequent dividend payment dates as long as you continue to hold stock certificates and reinvest your dividends, you will have dividends from two sources: from Certificated & "Common" shares and from "Plan" shares.

  1. To figure the purchase from "Common" shares, multiply the dividend rate times your 100 "Common" shares and divide by the cost per share (as shown in the example above).
  2. To figure the purchase from "Plan" shares, follow the same procedure: Multiply the number of "Plan" shares times the dividend rate. This gives you the dividend paid on "Plan" shares. Then, divide the dividend amount by the price per share to get the total shares purchased by dividend from "Plan" shares.


*The total shares purchased are added to the shares held in the Plan to make a new total number of " Plan" shares.

*If you have never held certificated shares, use the procedure above for figuring the purchase with dividends reinvested from "Plan" shares only. When you purchase shares using an optional cash contribution, the shares are added to your existing "Plan" shares and should be included when you figure the dividend on "Plan" shares.
 

Automatic Dividend Reinvestment Plan Share Price List

View the Virginia Electric and Power Company Automatic Dividend Reinvestment Plan price per share and dividend rate per share information. 

Taxable/Nontaxable Portions of Common Stock Yearly Dividends


Vepco Common Stock - 1957 through 1983

1957 $1.20 September
December

9.215% 
19.792%

1958 $1.02 ½ 11.340%
1959 $1.10  10.960%
1960 $1.20 7.075%
1961 $1.30 1.172% 
1962 $1.40 Fully Taxable
1963 $1.13 Fully Taxable
1964 $1.10 Fully Taxable 
1965 $1.18 Fully Taxable 
1966 $1.26 Fully Taxable
1967 $1.34 Fully Taxable 
1968 $1.24 Fully Taxable 
1969 $1.11 Fully Taxable
1970 $1.12 54.243%
1971 $1.12 96.724% 
1972 $1.12 100.000% 
1973 $1.16 ½ 49.407% 
1974 $1.18 100.000% 
1975 $1.18 Fully Taxable
1976 $1.22 ½ 25.267% 
1977 $1.24 72.654%
1978 $1.30 Fully Taxable
1979 $1.38 $0.33
$0.35
33.020% (1st qtr)
91.950% (2nd, 3rd & 4th qtrs)
1980 $1.40 100.000%
1981 $1.42 ½ 40.220%
1982 $1.52 ½ 88.470%
1983   Vepco $.80 Fully Taxable (1st & 2nd qtrs)


Dominion Resources, Inc. Common Stock - 1983 Through Last Year

1983   Dom. Res. $1.24    Fully Taxable (3rd & 4th qtrs)
1984  $2.60   Fully Taxable 
1985  $2.75   Fully Taxable
1986  $2.87   Fully Taxable 
1987 $2.99   Fully Taxable 
1988 $3.11   Fully Taxable 
1989 $3.23   Fully Taxable 
1990 $3.35   Fully Taxable 
1991 $3.47   Fully Taxable 
1992 $2.40   Fully Taxable
1993 $2.48   Fully Taxable
1994 $2.55   Fully Taxable 
1995 $2.58   Fully Taxable
1996 $2.58   Fully Taxable 
1997 $2.58   Fully Taxable
1998 $2.58   Fully Taxable 
1999 $2.58   Fully Taxable 
2000 $2.58   Fully Taxable 
2001 $2.58   Fully Taxable
2002 $2.58   Fully Taxable
2003  $2.58   Fully Taxable 
2004 $2.60 $0.645
$0.665
Fully Taxable (1st, 2nd & 3rd qtrs)
Fully Taxable (4th qtr)
2005 $2.68   Fully Taxable
2006  $2.76    Fully Taxable
2007  $2.525  $0.710
$0.395
Fully Taxable (1st, 2nd & 3rd qtrs)
Fully Taxable (4th qtr)
2008 $1.58    Fully Taxable
2009 $1.75    Fully Taxable
2010 $1.83    Fully Taxable
2011 $1.97    Fully Taxable
2012 $2.11    Fully Taxable
2013 $2.25    Fully Taxable

Note: Not needed for worksheet calculation

 

NYSE : (April 23, 2014) D 71.06 0.19