Xcel Energy Inc. Board Declares Dividend on Common Stock

Rhea-AI Summary

The Board of Directors of Xcel Energy declared a quarterly dividend of 48.75 cents per share, payable on July 20, 2022, to shareholders of record on June 15, 2022.

Xcel Energy, operating in 8 states, serves 3.7 million electricity and 2.1 million natural gas customers. The company is headquartered in Minneapolis. For further details, visit www.xcelenergy.com.

Positive

• Declared quarterly dividend of 48.75 cents per share.
• Stable customer base with 3.7 million electricity and 2.1 million natural gas customers.

Negative

• Forward-looking statements indicate potential risks and uncertainties affecting business operations.

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today declared a quarterly dividend on its common stock of 48.75 cents per share. The dividends are payable July 20, 2022, to shareholders of record on June 15, 2022.

Xcel Energy is a major U.S. electricity and natural gas company, with operations in 8 Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.7 million electricity customers and 2.1 million natural gas customers through its regulated operating companies. Company headquarters are located in Minneapolis. More information is available at www.xcelenergy.com.

This information is not given in connection with any sale or offer for sale or offer to buy any securities.

Statements in this press release regarding Xcel Energy’s business which are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company's Annual Report on Form 10-K for the most recently ended fiscal year.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220518006126/en/

Xcel Energy, Minneapolis

Shareholder Services

Darin Norman (612) 337-2310

or

Paul Johnson, Vice President, Treasurer & Investor Relations (612) 215-4535

or

Xcel Energy Media Relations Representatives (612) 215-5300

Source: Xcel Energy Inc.

FAQ

What is the dividend amount declared by Xcel Energy?

Xcel Energy declared a quarterly dividend of 48.75 cents per share.

When is the dividend payable by Xcel Energy?

The dividend is payable on July 20, 2022.

What is the record date for Xcel Energy's dividend?

The record date for the dividend is June 15, 2022.

How many customers does Xcel Energy serve?

Xcel Energy serves 3.7 million electricity customers and 2.1 million natural gas customers.

Where is Xcel Energy headquartered?

Xcel Energy is headquartered in Minneapolis.