Dominion Resources, Inc. - D

Dominion Resources, Inc., stock ticker D, pays a healthy 53 cent quarterly dividend, which is currently a 4.09% dividend yield. Since February 23rd, 1987 Dominion has paid their dividend which makes them a magnificent addition to your long-term retirement stock portfolio.

Simply put, D is a producer and transporter of energy. Their portfolio of assets includes approximately 28,142 megawatts of generating capacity, 6,300 miles of electric transmission lines, 56,800 miles of electric distribution lines, 11,000 miles of natural gas transmission, gathering and storage pipeline and 21,800 miles of gas distribution pipeline. D operates their natural gas storage system, with approximately 947 billion cubic feet of storage capacity and serves six million utility and retail energy customers in 15 states.

D operates in three business segments: Dominion Virginia Power (DVP), Dominion Generation and Dominion Energy. Dominion’s operations are conducted through various subsidiaries, including Virginia Electric and Power Company (Virginia Power).

Here are some of D's statistics as of April 4th, 2012:

Range 51.25 - 51.87
52 week 43.27 - 53.68
Open 51.27
Vol / Avg. 2.12M/2.77M
Mkt cap $29.44B
P/E 21.08
Div/yield $0.53/4.09
EPS 2.45
Beta 0.46
Inst. own 57%

D is the supreme utility stock with a hefty dividend. Extremely well managed company with a solid record of slow but steady growth. D will gain a lot of momentum when economy picks up again. If cap and tax passes it will allow D to flourish as any increased costs will be passed on to consumers. Demand will not be slowing any time soon, even if the economy tanks. D is a solid play for the next 30-50 years. They will benefit of lower coal prices.

Click here to visit Dominion Resources's homepage, as well as here to visit their Investor Relations webpage. Additionally, feel free to watch these handpicked YouTube videos below which will give you a front row seat to all that is D! Put some money into this winner and thank me later. Let those dividends compound into a stream of wealth and safety. Keep saving as much money as you can, for you will be one step closer to living the life of a king.

Update: Stock Picks for the week of 1/9/12 to 1/13/12

Greetings! I hope you are having a great new year so far. 2012 should be a fantastic year for the market. Please click here for a quick pep talk if you are having the stock market blues. Stay consistent and follow your Roth IRA portfolio business plan. Don't let the market fluctuation stop you from getting your piece of the pie. Investing in dividend paying stocks will keep your Roth IRA healthy.

I wanted to recap last week's picks for you since it is important to review all investments on a weekly, if not daily, basis. As you can see below, it was a profitable 10 for 18 week, however it was a roller-coaster ride. Some selections decreased in value while others had a pretty nice percentage gain for the week. BBT, O, CSC and JPM were this past week's clear winners, however GIS was looking healthy. The over all net gain for the week of 1/9/12 to 1/13/12 was $1.60.

As a rule of thumb, always invest in high yielding dividend paying stocks for your retirement years. Continue to hold on to your stocks for the long term so the dividends have plenty of time to compound. Feel free to watch the videos below featuring Realty Income Corp and General Mills. Both will inject your Roth IRA stock portfolio with stability and profits. Until next time, happy investing, reinvest those dividends and let your smart investment decisions work for you!


Stock/Stock Ticker.. Quote @ 1/9/12..  Quote @ 1/13/12..   Net Gain of $1.60

BP plc (BP) $44.07, $43.77, -$0.30
TOTAL S.A. (TOT) $51.25, $49.63, -$1.62
Intel Corporation (INTC) $25.46, $25.14, -$0.32
Merck & Co., Inc. (MRK) $38.39, $38.32, -$0.06
Starbucks Corporation (SBUX) $46.59, $47.36, +$0.77
ConAgra Foods, Inc. (CAG) $26.42, $26.85, +$0.43
Royal Bank of Canada  (RY) $50.61, $50.88, +$0.27
Waste Management, Inc. (WM) $32.94, $33.40, +$0.46
Bristol Myers Squibb Co. (BMY) $33.91, $33.80, -$0.11
Realty Income Corp (O) $34.79, $35.67, +$0.88
Enerplus Corp (ERF) $25.34, $24.53, -$0.81
Universal Corporation (UVV) $45.68, $46.09, +$0.41
Computer Sciences Corporation (CSC) $23.37, $24.15, +$0.78
Unilever plc (UL) $33.04, $31.50, -$1.54
General Mills, Inc. (GIS) $39.96, $40.64, +$0.68
Sanofi SA (SNY) $35.79, $35.32, -$0.47
JPMorgan Chase & Co. (JPM) $35.25, $35.92, +$0.65
BB&T Corporation (BBT) $25.73, $27.23, +$1.50