Dominion Power 2007 Annual Report Download - page 24

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22 Dominion 2007 Annual Report
  ,

 
e work diligently to earn our investors’
faith in us as stewards of their capital.
Supported by the company’s solid financial performance, your Board of Directors
approved an 11 percent increase in the common stock dividend in 2007. The board
coupled this with a 2-for-1 stock split. Management has set ambitious but realistic
earnings targets for 2008.
We govern your company mindful that each asset and each business must continue
to meet stringent financial hurdles and efficient profit levels. With major expansions in
infrastructure and environmental protection planned, we also are fully committed to
maintaining a strong balance sheet.