STOCK TITAN

Black Hills Corp. Announces Increase in Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Black Hills Corp. (NYSE: BKH) has announced a quarterly dividend increase of $0.026 per share, bringing the new dividend to $0.676 per share. The dividend will be payable on March 1, 2025, to shareholders of record as of February 18, 2025.

This increase marks the company's 55th consecutive year of annual dividend increases, representing the second-longest track record in the electric and natural gas utility industry. Black Hills has maintained an unbroken streak of 83 consecutive years of annual dividend payments since February 1942.

The company currently serves 1.34 million natural gas and electric utility customers across eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming.

Black Hills Corp. (NYSE: BKH) ha annunciato un aumento del dividendo trimestrale di $0,026 per azione, portando il nuovo dividendo a $0,676 per azione. Il dividendo sarà pagabile il 1° marzo 2025, agli azionisti registrati al 18 febbraio 2025.

Questo aumento segna il 55° anno consecutivo di incrementi annuali del dividendo dell'azienda, rappresentando il secondo miglior record nel settore delle utility elettriche e del gas naturale. Black Hills ha mantenuto una striscia ininterrotta di 83 anni consecutivi di pagamenti annuali di dividendi da febbraio 1942.

L'azienda attualmente serve 1,34 milioni di clienti di gas naturale e energia elettrica in otto stati: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, Dakota del Sud e Wyoming.

Black Hills Corp. (NYSE: BKH) ha anunciado un aumento del dividendo trimestral de $0.026 por acción, llevando el nuevo dividendo a $0.676 por acción. El dividendo se pagará el 1 de marzo de 2025, a los accionistas registrados hasta el 18 de febrero de 2025.

Este aumento marca el 55º año consecutivo de incrementos anuales del dividendo de la empresa, representando el segundo récord más largo en la industria de servicios eléctricos y de gas natural. Black Hills ha mantenido una racha ininterrumpida de 83 años consecutivos de pagos anuales de dividendos desde febrero de 1942.

Actualmente, la empresa atiende a 1.34 millones de clientes de gas natural y electricidad en ocho estados: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, Dakota del Sur y Wyoming.

블랙 힐스 코퍼레이션 (NYSE: BKH)은 주당 $0.026의 분기 배당금 인상을 발표하며, 새로운 배당금은 $0.676 per share로 설정했습니다. 배당금은 2025년 3월 1일에 지급되며, 2025년 2월 18일 기준 주주에게 지급됩니다.

이 증가는 회사의 55년 연속 연간 배당금 인상을 의미하며, 전기 및 천연가스 유틸리티 산업에서 두 번째로 긴 기록을 나타냅니다. 블랙 힐스는 1942년 2월 이후 83년 연속으로 연간 배당금을 지급해왔습니다.

현재 이 회사는 아칸소, 콜로라도, 아이오와, 캔자스, 몬태나, 네브래스카, 사우스다코타, 와이오밍 등 8개 주에서 134만 명의 천연가스 및 전력 고객을 서비스를 제공하고 있습니다.

Black Hills Corp. (NYSE: BKH) a annoncé une augmentation du dividende trimestriel de 0,026 $ par action, portant le nouveau dividende à 0,676 $ par action. Le dividende sera payable le 1er mars 2025, aux actionnaires inscrits au 18 février 2025.

Cette augmentation marque le 55e année consécutive d'augmentations annuelles du dividende de la société, représentant le deuxième plus long palmarès dans l'industrie des services publics d'électricité et de gaz naturel. Black Hills a maintenu une série ininterrompue de 83 années consécutives de paiements de dividendes annuels depuis février 1942.

L'entreprise dessert actuellement 1,34 million de clients de gaz naturel et d'électricité dans huit États : Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, Dakota du Sud et Wyoming.

Black Hills Corp. (NYSE: BKH) hat eine Erhöhung der vierteljährlichen Dividende um $0,026 pro Aktie angekündigt, wodurch die neue Dividende auf $0,676 pro Aktie steigt. Die Dividende wird am 1. März 2025 an Aktionäre ausgezahlt, die bis zum 18. Februar 2025 im Aktienregister stehen.

Diese Erhöhung markiert das 55. aufeinanderfolgende Jahr jährlicher Dividendensteigerungen des Unternehmens, was den zweitlängsten Rekord in der Elektro- und Erdgasversorgungsbranche darstellt. Black Hills hat seit Februar 1942 eine ununterbrochene Serie von 83 aufeinanderfolgend Jahren von jährlichen Dividendenzahlungen aufrechterhalten.

Das Unternehmen bedient derzeit 1,34 Millionen Kunden für Erdgas und Elektrizität in acht Bundesstaaten: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota und Wyoming.

Positive
  • Quarterly dividend increased by $0.026 to $0.676 per share
  • 55 consecutive years of dividend increases
  • 83-year track record of consistent dividend payments
  • Second-longest dividend increase streak in the utility industry
Negative
  • None.

RAPID CITY, S.D., Jan. 24, 2025 (GLOBE NEWSWIRE) --  Black Hills Corp. (NYSE: BKH) today announced that its board of directors approved a quarterly dividend of $0.676 per share, an increase of $0.026 per share over last quarter’s dividend. Common shareholders of record at the close of business on Feb. 18, 2025, will receive $0.676 per share, payable March 1, 2025.

“This dividend increase reflects the confidence we have in our team, strategy and long-term growth,” said Linn Evans, president and CEO of Black Hills Corp. 

The new annualized rate represents 55 consecutive years of annual dividend increases and is the second longest track record in the electric and natural gas utility industry.

This dividend announcement marks 83 consecutive years that Black Hills has paid annual dividends, starting in February 1942 when its predecessor company, Black Hills Power & Light Company, was newly incorporated.

Black Hills Corporation
Black Hills Corp. (NYSE: BKH) is a customer-focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.34 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. More information is available at www.blackhillscorp.com.

Investor Relations
Sal Diaz
investorrelations@blackhillscorp.com

24-Hour Media Relations Line

888-242-3969


FAQ

What is Black Hills Corp's (BKH) new quarterly dividend amount for 2025?

Black Hills Corp's new quarterly dividend is $0.676 per share, representing an increase of $0.026 per share over the previous quarter.

When will BKH's latest quarterly dividend be paid?

The dividend will be paid on March 1, 2025, to shareholders of record as of February 18, 2025.

How many consecutive years has Black Hills Corp (BKH) increased its dividend?

Black Hills Corp has increased its dividend for 55 consecutive years, the second-longest track record in the electric and natural gas utility industry.

How many customers does Black Hills Corp (BKH) serve in 2025?

Black Hills Corp serves 1.34 million natural gas and electric utility customers across eight states.

In which states does Black Hills Corp (BKH) operate as of 2025?

Black Hills Corp operates in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming.

Black Hills

NYSE:BKH

BKH Rankings

BKH Latest News

BKH Stock Data

4.32B
71.01M
0.55%
86.67%
2.41%
Utilities - Regulated Gas
Electric Services
Link
United States
RAPID CITY