Black Hills Corp. Announces Quarterly Dividend

Rhea-AI Summary

Black Hills Corp. (BKH) announced a quarterly dividend of $0.625 per share for common shareholders of record as of February 14, 2023, payable on March 1, 2023. This marks the company's 81st consecutive year of dividend payments since its incorporation in 1942. Additionally, Black Hills is set to release its 2022 fourth-quarter and full-year earnings on February 7, 2023, with a conference call scheduled for February 8, 2023, at 11 a.m. EST to discuss the financial results. This information underscores the company’s commitment to returning value to shareholders while maintaining transparency in financial reporting.

Positive

• Quarterly dividend of $0.625 per share, payable March 1, 2023.
• 81 consecutive years of annual dividend payments demonstrates strong financial health.

Negative

• None.

Fourth-quarter 2022 and full-year earnings call and webcast are Wednesday, Feb. 8

RAPID CITY, S.D., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors approved a quarterly dividend at a meeting held Jan. 25, 2023. Common shareholders of record at the close of business on Feb. 14, 2023, will receive $0.625 per share, payable March 1, 2023.

This dividend announcement marks 81 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.

The company also confirms that it will release its 2022 fourth-quarter and full-year earnings after the market closes Tuesday, Feb. 7, 2023, and will host a live conference call and webcast at 11 a.m. EST on Wednesday, Feb. 8, 2023, to discuss the company’s financial results.

Access the webcast at www.blackhillscorp.com under the “Investor Relations” heading. Select “News and Events,” and “Events & Presentations,” and click on “Q4 2022 Earnings Conference Call,” or access the call directly through one of the options provided below.

To participate by phone and ask a question during the live broadcast, participants can access the event directly at https://register.vevent.com/register/BId552098c64704d7083756748f03fb26e until the call is completed. Please allow at least five minutes for registering and accessing the presentation. Upon registration, dial-in information will be provided, including a personal identification number.

Access a listen-only webcast player and presentation slides directly at https://edge.media-server.com/mmc/p/9fxxp2tu. At the conclusion of the call, a replay of the broadcast will be available at this link and Black Hills’ investor relations website for up to one year.

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 1.3 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
Jerome E. Nichols
605-721-1171
jerome.nichols@blackhillscorp.com

24-Hour Media Relations Line
888-242-3969

FAQ

What is the dividend amount for BKH shareholders in 2023?

The dividend amount for BKH shareholders is $0.625 per share, payable on March 1, 2023.

When will Black Hills Corp. announce its Q4 2022 earnings?

Black Hills Corp. will announce its Q4 2022 earnings on February 7, 2023.

What is the significance of the dividend announcement from BKH?

The dividend announcement signifies Black Hills Corp.'s commitment to returning value to shareholders, marking 81 consecutive years of dividend payments.

How can I participate in the Black Hills Corp. earnings call?

You can participate in the earnings call by registering at the provided link before the call, and dial-in information will be provided upon registration.