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Black Hills (BKH) Dividend Yield, Date & History

Black Hills logo
$57.97 -0.08 (-0.14%)
(As of 12/20/2024 05:31 PM ET)

Black Hills Dividend Summary

Dividend Yield
4.49%
Annual Dividend
$2.60
Recent
Dividend Payment
Dec. 1
Dividend Increase
Track Record
54 Years
Annualized 3-Year
Dividend Growth
4.83%
Dividend Payout Ratio
69.89%

Black Hills (BKH) pays an annual dividend of $2.60 per share, with a dividend yield of 4.49%. The next quarterly payment of $0.65 per share was paid on Sunday, December 1, to investors who owned the stock before the ex-dividend date of Monday, November 18. BKH has grown its dividend for 54 consecutive years, with an average annual increase of 1.58%. The company currently pays out 69.89% of its earnings and 35.16% of its cash flow as dividends.

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BKH Dividend Payments by Quarter

The chart below displays up to four years of Black Hills' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

BKH Dividend Yield Over Time

The chart below tracks Black Hills' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Black Hills vs. The Competition

Compare Black Hills' annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypeBlack HillsUtilities CompaniesNYSE Companies
Annual Dividend$2.60$0.04$1.39
Dividend Yield4.49%4.07%3.58%
Annualized 3-Year Dividend Growth4.83%1.33%15.78%
Track Record54 years28 years24 years

Black Hills Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings69.89%
Based on This Year's Estimate66.50%
Based on Next Year's Estimate62.95%
Based on Cashflow35.16%

Black Hills Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/28/2024Quarterly$0.65 - 4.34%11/18/202411/18/202412/1/2024
7/22/2024Quarterly$0.65 - 4.48%8/19/20248/19/20249/1/2024
4/22/2024Quarterly$0.65 - 4.78%5/16/20245/17/20246/1/2024
1/26/2024Quarterly$0.65+$0.0250
4.00%
5%2/15/20242/16/20243/1/2024
10/23/2023Quarterly$0.6250 - 5.18%11/16/202311/17/202312/1/2023
7/24/2023Quarterly$0.6250 - 4.11%8/17/20238/18/20239/1/2023
4/24/2023Quarterly$0.6250 - 3.85%5/17/20235/18/20236/1/2023
1/25/2023Quarterly$0.6250 - 3.5%2/13/20232/14/20233/1/2023

This table shows Black Hills' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Black Hills Dividend - Frequently Asked Questions

The current dividend yield for Black Hills is 4.49%. Learn more on BKH's dividend yield history.

The annual dividend for BKH shares is $2.60. Learn more on BKH's annual dividend history.

Black Hills pays quarterly dividends to shareholders.

Black Hills's most recent quarterly dividend payment of $0.65 per share was made to shareholders on Sunday, December 1, 2024.

Black Hills's most recent ex-dividend date was Monday, November 18, 2024.

Over the past three years, the company's dividend has grown by an average of 4.83% per year.

Black Hills has increased its dividend for the past 54 consecutive years.

The most recent change in the company's dividend was an increase of $0.0250 on Friday, January 26, 2024.

The dividend payout ratio for BKH is:
  • 69.89% based on the trailing year of earnings
  • 66.50% based on this year's estimates
  • 62.95% based on next year's estimates
  • 35.16% based on cash flow

Black Hills' dividend yield of 4.27% is higher than the average Utilities company that issues a dividend. The company's 54 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Black Hills' dividend payout ratio of 69.89% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Black Hills stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:BKH) was last updated on 12/21/2024 by MarketBeat.com Staff
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