- 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
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DGR
|
DGR
|
DGR
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1-yr
|
3-yr
|
5-yr
|
10-yr
|
5.6
|
6.0
|
6.4
|
4.8
|
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