Xcel Energy Inc. Board Declares Dividend on Common Stock

Rhea-AI Summary

The Board of Directors of Xcel Energy (NASDAQ: XEL) has declared a quarterly dividend of 45.75 cents per share, payable on January 20, 2022, to shareholders of record by December 22, 2021. Xcel Energy, a leading U.S. electricity and natural gas company, serves approximately 3.7 million electricity and 2.1 million natural gas customers across eight states. Headquartered in Minneapolis, the company provides a wide range of energy products and services.

Positive

• Quarterly dividend of 45.75 cents per share announced.
• Dividends demonstrate strong shareholder return strategy.

Negative

• No explicit financial metrics or performance indicators provided.
• Forward-looking statements include risks and uncertainties.

MINNEAPOLIS--(BUSINESS WIRE)-- 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 January 20, 2022, to shareholders of record on December 22, 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/20211208005974/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 (XEL)?

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

When is the dividend payable for Xcel Energy (XEL)?

The dividend is payable on January 20, 2022.

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

The record date is December 22, 2021.

How many customers does Xcel Energy (XEL) serve?

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

In which states does Xcel Energy (XEL) operate?

Xcel Energy operates in eight Western and Midwestern states.