Dominion Energy: A Steady Income Opportunity In The Utilities Sector

Dominion Energy: A Steady Income Opportunity In The Utilities Sector

Written by Summary Dominion Energy is a regulated utility company with limited competition and a focus on renewable electricity. Despite slow earnings growth, the company has solid fundamentals and an attractive valuation. With a high dividend yield and commitment to maintaining it, Dominion Energy may be a good option for investors seeking steady income with growth potential. Zach Gibson Introduction As an investor who prioritizes dividend growth, I am constantly searching for fresh opportunities to invest in assets that generate consistent income. When I come across attractively valued assets, I often add them to my current holdings. Additionally, I use market volatility to my advantage by initiating new positions, which helps diversify my portfolio and increase my dividend income while minimizing the needed capital. The utility sector presents an intriguing opportunity for investors since, due to the higher rates, we see higher-yielding stocks. Dominion Energy (NYSE: D ), in particular, is an attractive option for investors due to its consistently high dividend yield. Dominion Energy operates in a stable market as a regulated utility and is well-positioned to continue generating income for investors. I will analyze the company using my methodology for analyzing dividend growth stocks. I am using […]

Ripple (XRP) and Orbeon Protocol (ORBN) Seen as a Golden Opportunity for Investors

Ripple (XRP) and Orbeon Protocol (ORBN) Seen as a Golden Opportunity for Investors

Investing in cryptocurrencies has never been more exciting, with Ripple (XRP) and Orbeon Protocol (ORBN) emerging as two of the most promising opportunities on the market. Both cryptocurrencies are touted as golden opportunities for investors, offering unique advantages and the potential for significant returns. Ripple (XRP) has established itself as a leader in cross-border payments. Meanwhile, Orbeon Protocol (ORBN) is a blockchain-based crowdfunding platform aiming to revolutionize how startups raise capital. With the price of Orbeon Protocol (ORBN) tokens already having increased by over 1815% to $0.0766 as the presale enters its seventh stage, early investors are poised to reap huge returns , with projections of 6000% returns. Ripple (XRP) Expects SEC Case Will Conclude Soon Analysts recommend buying Ripple (XRP) as a promising long-term investment. Ripple’s (XRP) value in facilitating faster, cheaper, and more efficient cross-border transfers between financial institutions worldwide is one of the technology’s primary selling points. Ripple (XRP) stands out from other cryptocurrencies because Ripple (XRP) has a practical application and has formed collaborations with some of the major banks and payment providers in the world. Ripple (XRP) offers immediate and future uses and a well-thought-out strategy for the future. Ripple (XRP) is anticipated that […]

Fox Stars Privately Expressed Disbelief About Election Fraud Claims. ‘Crazy Stuff.’

Fox Stars Privately Expressed Disbelief About Election Fraud Claims. ‘Crazy Stuff.’

Newly disclosed messages and testimony from some of the biggest stars and most senior executives at Fox News revealed that they privately expressed disbelief about President Donald J. Trump’s false claims that the 2020 election was stolen from him, even though the network continued to promote many of those lies on the air. The hosts Tucker Carlson, Sean Hannity and Laura Ingraham, as well as others at the company, repeatedly insulted and mocked Trump advisers, including Sidney Powell and Rudolph W. Giuliani, in messages with each other in the weeks after the election, according to a legal filing made public on Thursday in a defamation lawsuit against Fox by Dominion Voting Systems. “Sidney Powell is lying by the way. I caught her. It’s insane,” Mr. Carlson wrote to Ms. Ingraham on Nov. 18, 2020. Ms. Ingraham responded: “Sidney is a complete nut. No one will work with her. Ditto with Rudy.” Mr. Carlson continued, “Our viewers are good people and they believe it,” he added, making clear that he did not. The messages also show that such doubts extended to the highest levels of the Fox Corporation, with Rupert Murdoch, its chairman, calling Mr. Trump’s voter fraud claims “really […]

DoorDash's Q4 Beat Underscores Success Of Loyalty Business, Synergies From Wolt

DoorDash’s Q4 Beat Underscores Success Of Loyalty Business, Synergies From Wolt

DoorDash, Inc (NYSE: DASH ) reported fourth-quarter revenue growth of 40% year-over-year to $1.81 billion, above analyst estimates of $1.77 billion. DoorDash reported a loss of $(1.65) per share, higher than the $(0.68) consensus . One area of strength for DoorDash is certainly its loyalty business, DashPass. DoorDash had 15 million total loyalty members last year, three million more than Uber Technologies, Inc (NYSE: UBER ) Uber One loyalty program included ride-hailing and delivery , the Wall Street Journal reports . DashPass appears to more than compensate for free delivery programs via business volumes. DashPass members spent "significantly more." Uber One members spend more than four times what nonmembers do monthly, Uber confirmed. DashPass subscribers accounted for 65% of DoorDash’s gross food sales in January, WSJ wrote. DoorDash’s relative suburban focus continues to pay off over domestic competitors like Gopuff , Instacart , and Uber. DoorDash’s costly acquisition of Wolt in Europe also seems to add value. Wolt’s gross order value rose 50% Y/Y in Q4 to roughly €1 billion, implying Wolt has grown to about half the size of competitor Just Eat Takeaway’s Northern European business. This year’s guidance for total gross order value came slightly below Wall […]

6 Quotes on business & personal finance from a bootstrapped-to-$100M-valuation founder

6 Quotes on business & personal finance from a bootstrapped-to-$100M-valuation founder

Founders who are first-generation Americans often face social, cultural, and mental barriers to financial wellness as they build world-class companies. To help first-gen founders overcome these barriers, SVB Private hosted a recent panel discussion with SVB clients, advisors, and financial professionals to explore an integral issue to the success of many underrepresented founders: their mindset around money. The conversation centered around the experience of Danny Taing, SVB client and CEO and founder of Japanese snack subscription service, Bokksu, which received a $100M valuation in 2022. Bo Ren, Director of Startup Banking at SVB, moderated the discussion around the psychology of money with Taing and Gerald Baker, Head of Trust & Fiduciary Services at SVB Private. The following six quotes from Taing summarize the lively discussion: 1. On overcoming debt aversion, “Debt is bad. Pay off everything immediately.” …on the advice he received from his immigrant parents. First-generation founders often face debt aversion, a limiting belief learned from previous generations. Not taking on debt was a key piece of advice Taing received from his father, also a business owner. Taing shifted his mindset around debt aversion after utilizing various forms of debt as a bootstrapped founder and, later, utilizing financing […]

Logistics company planting flag at Marshall Field building

Logistics company planting flag at Marshall Field building

The Marshall Field building on State Street. A fast-growing logistics company planning to hire 200 people in Chicago over the next two years is opening its first local office at the redeveloped Marshall Field building, a win for the building’s owner and the vacancy-plagued downtown office market. Indianapolis-based third-party logistics provider Spot has leased 31,000 square feet on the 11th floor in the landmark Loop property at 24 E. Washington St., where it plans to move into its newly built space by the end of this year, the company announced. The office will be Spot’s sixth location nationwide. To continue reading… Continue reading by subscribing to Crain’s Chicago Business.

Business funding for startups

Business funding for startups

Innovation and creativity are core qualities of American culture, making entrepreneurship a key driver of job creation and economic growth. Yet, for most startup founders, the number one challenge in keeping their business afloat isn’t a lack of ideas or grit but inadequate funding. Indeed, research shows that 90 percent of startups fail. This handy guide highlights various financing options for startup and small business owners. And for investors looking to support these companies, we’ll highlight how you can get involved. Startup financing statistics How to get funding for a business Although each entrepreneur has a unique story and mission, all small business owners have access to multiple options for funding their company. Ultimately, the best choice depends on the specifics of your business, including its stage of development, the industry you operate in, and the amount of funding you need . Before you approach a potential investor, though, there are a few actions you can take to increase your odds of success: Develop a business plan: A comprehensive business plan is essential for securing financing from investors or lenders. Your plan should outline your business concept, target market, competitive analysis, financial projections, and marketing strategy. Build your credit […]

Rep. Pete Stauber hears concerns from Bemidji’s small business community

Rep. Pete Stauber hears concerns from Bemidji’s small business community

U.S. Rep. Pete Stauber speaks during a small business listening session on Thursday, Feb. 16, 2023, at the Mayflower building in Bemidji. BEMIDJI — U.S. Representative Pete Stauber held a listening session in Bemidji on Thursday to hear the concerns of the area’s small business owners. Hosted by Greater Bemidji, members of various local industries joined the event to share their challenges with Stauber, who represents Minnesota’s 8th Congressional District, hoping that as a member of the small business committee, he might bring their concerns back to Washington, D.C. “Small businesses are the backbone of our communities,” Stauber said. “These are people that risk everything in small business and live that American dream.” U.S. Rep. Pete Stauber addresses attendees during a small business listening session on Thursday, Feb. 16, 2023, at the Mayflower building in Bemidji. He opened the listening session with a question for those in attendance, outlining his focus for the discussion. “I want to know the one regulation in your respective business that you think is out of bounds and hurtful to the development and success of your business,” Stauber prompted. While later in the discussion business owners brought up struggles with some regulations, the initial […]

AVANGRID, Inc.: Ignacio Galán at Harvard Business School discusses company case study with students, "Iberdrola, leading the energy revolution"

AVANGRID, Inc.: Ignacio Galán at Harvard Business School discusses company case study with students, “Iberdrola, leading the energy revolution”

BOSTON, February 17, 2023 –( BUSINESS WIRE )–Around 1,000 postgraduate students at Harvard Business School were given the opportunity today (Friday 17th February) to engage directly with Iberdrola Executive Chairman, Ignacio Galán, and scrutinize the decisions taken over the last 20 years that have shaped the company’s strategy and drive into clean energy, as well as the company’s forward-looking strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230217005344/en/ Iberdrola Executive Chairman, Ignacio Galán, met with 1,000 postgraduate students at Harvard Business School to talk about the decisions taken over the last 20 years that have shaped the company’s strategy and drive into clean energy, as well as the company’s forward-looking strategy. (Photo: Business Wire) The day in the lecture hall forms part of a case study titled, " Iberdrola, leading the energy revolution ", which was prepared by Professor Juan Alcácer, James J Hill Professor of Business Administration. Mr. Galán took to the lectern in Aldrich Hall along with other senior management from the company across the day, as 11 different groups of 95 students each posed questions and drilled down into the finer details of Iberdrola’s business model and decision making processes. The case also […]

Power 100 2023: Private cos.: Bright, Hooks Jr., McMullen, Robertson, Rose, Stephens, Wilson

Power 100 2023: Private cos.: Bright, Hooks Jr., McMullen, Robertson, Rose, Stephens, Wilson

The fourth annual Power 100 list was released in the Jan. 27 weekly edition of MBJ. The section profiles the 100 most powerful people in the Mid-South, as chosen by the editorial staff. Those included were also honored at an invite-only event at The Orpheum Theatre on Jan. 26. The 2023 Power 100 is sponsored by Duncan Williams Asset Management and ProTech Services Group. We will be rolling out those profiles over the coming days. This year, we’re grouping the Power 100 by their industry, profession, and/or what they bring to the table. MBJ subscribers can click here to read the full Power 100 issue . Here are the Power 100 honorees who play important leadership roles in private companies in the Memphis area. But beyond even that, they all are active in local civic and business circles: consulting, developing, innovating, connecting, and entrepreneur-ing. Al Bright with Bass Berry & Sims Bass Berry & Sims Al Bright Member, Bass, Berry & Sims; chair, Economic Development Growth Engine for Memphis & Shelby County As chairman of the Economic Development Growth Engine (EDGE) for Memphis & Shelby County since 2012, Al Bright is in the vanguard of local efforts to see […]