Xcel Energy Inc. Board Declares Dividend on Common Stock

Rhea-AI Summary

The Board of Directors of Xcel Energy (NASDAQ: XEL) has announced a quarterly dividend of 48.75 cents per share, payable on January 20, 2023, to shareholders of record as of December 29, 2022. Xcel Energy operates in 8 states, serving approximately 3.7 million electricity and 2.1 million natural gas customers. The company is committed to providing a broad range of energy services.

Positive

• Quarterly dividend of 48.75 cents per share strengthens shareholder income.

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• None.

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 January 20, 2023, to shareholders of record on December 29, 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/20221214006000/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 for Xcel Energy in January 2023?

Xcel Energy declared a dividend of 48.75 cents per share, payable on January 20, 2023.

What is the record date for Xcel Energy's January 2023 dividend?

The record date for Xcel Energy's dividend is December 29, 2022.

Where does Xcel Energy operate?

Xcel Energy operates in 8 Western and Midwestern states in the U.S.

How many customers does Xcel Energy serve?

Xcel Energy provides services to approximately 3.7 million electricity customers and 2.1 million natural gas customers.