Preferred Stock Channel
Dominion Energy Inc (New) | $5.00 Cumulative Preferred Stock (VEL.PRE)

This preferred is marked as having been called.
Prospectus excerpt:  Virginia Electric & Power Co., $5.00 Cumulative Preferred Stock, liquidation preference $100 per share, redeemable any time at the issuer's option at $112.50 per share plus accrued and unpaid dividends, not subject to mandatory redemption, and with distributions of $5.00 (5.00%) per annum paid quarterly on 3/20, 6/20, 9/20 & 12/20. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders. Virginia Electric & Power Co. is a wholly-owned subsidiary of Dominion Resources Inc. (NYSE: D).
, Secondary Prospectus PDF », D Page »
Alternate symbology:VEL-E, VEL-PE, VELprE
Redeemable?:Yes
Call Date:10/20/2014 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:Yes
Liquidation Preference:$100.00
Original Coupon:5.00%
Pay Period:Quarterly
Pay Dates:20-Mar, 20-Jun, 20-Sep, 20-Dec
CDx3 Compliance Rating: Learn VEL.PRE's Rating
Dominion Energy is a holding company. Through its subsidiaries, Co. is a producer and distributor of energy. Co. is a provider of electricity, natural gas and related services to customers primarily in the eastern and Rocky Mountain regions of the U.S. Co.'s subsidiary, SCANA Corporation, is engaged in the generation, transmission and distribution of electricity in the central, southern and southwestern portions of South Carolina and in the distribution of natural gas in North Carolina and South Carolina. Co.'s another subsidiary, Virginia Electric and Power Company, is a regulated public utility that generates, transmits and distributes electricity for sale in Virginia and North Carolina.

Preferred: VEL.PRE


Open the D Information Page »
Name:  Dominion Energy Inc (New)
Website:  www.dom.com
Sector:  Electric Utilities
Number of ETFs Holding D:  98 (see which ones)
Total Market Value Held by ETFs:  $6,724,672,126.51
Total Market Capitalization:  $42,931,000,000
% of Market Cap. Held by ETFs:  15.66%

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game
Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Dominion Energy Inc (New) | $5.00 Cumulative Preferred Stock (VEL.PRE) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com | Copyright © 2011 - 2024, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.