Dominion Resources (D +0.1%) announces that its board has approved an increase in the firm's...

|About: Dominion Resources, Inc. (D)|By:, SA News Editor

Dominion Resources (D +0.1%) announces that its board has approved an increase in the firm's dividend payout to $2.11/share from $1.97/share - marking a 7.1% increase. The hike in Dominion's dividend pushes the yield on shares up to a lofty 4.19%.