Xcel Energy Inc. Increases Quarterly Dividend $XEL



  • Xcel Energy (NYSE:XEL) declares $0.405/share quarterly dividend, 6.6% increase from prior dividend of $0.38.
  • Forward yield 3.0%
  • Payable April 20; for shareholders of record March 15; ex-div March 14.



The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today raised the quarterly dividend on the company’s common stock from 38 cents per share to 40.5 cents per share, which is equivalent to an annual rate of $1.62 per share. The dividends are payable April 20, 2019, to shareholders of record on March 15, 2019.

“We are pleased to announce a $0.10 per share, or 6.6% increase in the common dividend, on an annualized basis, which reflects the strength of our balance sheet and our earnings growth profile. We recognize that strong dividend growth coupled with transparent earnings growth support our commitment to provide shareholders an attractive total return profile,” said Ben Fowke, chairman, president, and CEO of Xcel Energy.

For more information, visit investors.xcelenergy.com


According to the list of U.S. Dividend Champions, Xcel Energy Inc. is a Dividend Contenders. WM has a 15-year dividend raising streak.

Dividend Growth Rates
DGR
DGR
DGR
DGR
1-yr
3-yr
5-yr
10-yr
5.6
6.0
6.4
4.8




Dividend Yield Chart:



Xcel Energy Inc stock dividend yield is close to 10-year low.


Payout Ratio:



This is the historical payout ratio of Xcel Energy Inc. If payout ratio is close to or higher than 100%, dividends might not be sustainable.


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