Xcel Energy Inc. Board Declares Dividend on Common Stock

Rhea-AI Summary

Xcel Energy Inc. (NASDAQ: XEL) has declared a quarterly dividend of 45.75 cents per share, payable on July 20, 2021 to shareholders on record as of June 15, 2021. The company serves approximately 3.7 million electricity and 2.1 million natural gas customers across eight states in the U.S. Xcel Energy emphasizes its focus on providing reliable energy solutions while addressing potential risks as outlined in its Annual Report on Form 10-K.

Positive

• Quarterly dividend of 45.75 cents per share enhances shareholder income.
• Strong customer base of 3.7 million electricity and 2.1 million natural gas customers.

Negative

• Potential risks and uncertainties highlighted in forward-looking statements may affect financial outcomes.

The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today declared a quarterly dividend on its common stock of 45.75 cents per share. The dividends are payable July 20, 2021, to shareholders of record on June 15, 2021.

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/20210519005858/en/

FAQ

What is the dividend amount declared by Xcel Energy for Q2 2021?

Xcel Energy declared a quarterly dividend of 45.75 cents per share.

When is the dividend payable for Xcel Energy?

The dividend is payable on July 20, 2021.

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

The record date for the dividend is June 15, 2021.

How many customers does Xcel Energy serve?

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