Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 218,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,481.5 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,094,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,732 miles of intrastate gas transmission pipelines; 41,644 miles of gas distribution mains and service lines; six natural gas storage sites; and approximately 50,000 horsepower of compression and 515 miles of gathering lines. The company also constructs and maintains gas infrastructure facilities for gas transportation customers; and provides appliance repair services to residential utility customers, as well as electrical system construction services to large industrial customers. In addition, it produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
Black Hills Dividend Announcement
• Black Hills announced a quarterly dividend of $0.65 per ordinary share which will be made payable on 2024-12-01. Ex dividend date: 2024-11-18
• Black Hills annual dividend for 2024 was $2.60
• Black Hills annual dividend for 2023 was $2.50
• Black Hills's trailing twelve-month (TTM) dividend yield is 4.24%
• Black Hills's payout ratio for the trailing twelve months (TTM) is 67.96%
• Black Hills's dividend growth over the last five years (2018-2023) was 5.31% year
• Black Hills's dividend growth over the last ten years (2013-2023) was 5.10% year
Black Hills Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-18 | $0.65 | quarterly | 2024-12-01 |
| 2024-08-19 | $0.65 | quarterly | 2024-09-01 |
| 2024-05-16 | $0.65 | quarterly | 2024-06-01 |
| 2024-02-15 | $0.65 | quarterly | 2024-03-01 |
| 2023-11-16 | $0.62 | quarterly | 2023-12-01 |
| 2023-08-17 | $0.62 | quarterly | 2023-09-01 |
| 2023-05-17 | $0.62 | quarterly | 2023-06-01 |
| 2023-02-13 | $0.62 | quarterly | 2023-03-01 |
| 2022-11-16 | $0.62 | quarterly | 2022-12-01 |
| 2022-08-17 | $0.59 | quarterly | 2022-09-01 |
| 2022-05-17 | $0.59 | quarterly | 2022-06-01 |
| 2022-02-11 | $0.59 | quarterly | 2022-03-01 |
| 2021-11-16 | $0.59 | quarterly | 2021-12-01 |
| 2021-08-17 | $0.56 | quarterly | 2021-09-01 |
| 2021-05-17 | $0.56 | quarterly | 2021-06-01 |
| 2021-02-11 | $0.56 | quarterly | 2021-03-01 |
| 2020-11-16 | $0.56 | quarterly | 2020-12-01 |
| 2020-08-17 | $0.54 | quarterly | 2020-09-01 |
| 2020-05-15 | $0.54 | quarterly | 2020-06-01 |
| 2020-02-13 | $0.54 | quarterly | 2020-03-01 |
| 2019-11-15 | $0.54 | quarterly | 2019-12-01 |
| 2019-08-16 | $0.51 | quarterly | 2019-09-01 |
| 2019-05-16 | $0.51 | quarterly | 2019-06-01 |
| 2019-02-14 | $0.51 | quarterly | 2019-03-01 |
| 2018-11-16 | $0.51 | quarterly | 2018-12-01 |
| 2018-08-17 | $0.47 | quarterly | 2018-09-01 |
| 2018-05-17 | $0.47 | quarterly | 2018-06-01 |
| 2018-02-14 | $0.47 | quarterly | 2018-03-01 |
| 2017-11-16 | $0.47 | quarterly | 2017-12-01 |
| 2017-08-16 | $0.45 | quarterly | 2017-09-01 |
| 2017-05-16 | $0.45 | quarterly | 2017-06-01 |
| 2017-02-13 | $0.45 | quarterly | 2017-03-01 |
| 2016-11-15 | $0.42 | quarterly | 2016-12-01 |
| 2016-08-16 | $0.42 | quarterly | 2016-09-01 |
| 2016-05-16 | $0.42 | quarterly | 2016-06-01 |
| 2016-02-11 | $0.42 | quarterly | 2016-03-01 |
| 2015-11-13 | $0.41 | quarterly | 2015-12-01 |
| 2015-08-14 | $0.41 | quarterly | 2015-09-01 |
| 2015-05-14 | $0.41 | quarterly | 2015-06-01 |
| 2015-02-11 | $0.41 | quarterly | 2015-03-01 |
| 2014-11-13 | $0.39 | quarterly | 2014-12-01 |
| 2014-08-13 | $0.39 | quarterly | 2014-09-01 |
| 2014-05-14 | $0.39 | quarterly | 2014-06-01 |
| 2014-02-12 | $0.39 | quarterly | 2014-03-01 |
| 2013-11-13 | $0.38 | quarterly | 2013-12-01 |
| 2013-08-14 | $0.38 | quarterly | 2013-09-01 |
| 2013-05-15 | $0.38 | quarterly | 2013-06-01 |
| 2013-02-13 | $0.38 | quarterly | 2013-03-01 |
Black Hills Dividend per year
Black Hills Dividend growth
Black Hills Dividend Yield
Black Hills current trailing twelve-month (TTM) dividend yield is 4.24%. Interested in purchasing Black Hills stock? Use our calculator to estimate your expected dividend yield:
Black Hills Financial Ratios
P/E ratio16.48
PEG ratio0.36
P/B ratio1.26
ROE7.87%
Payout ratio67.96%
Current ratio1.12
Quick ratio0.83
Cash Ratio0.02
Black Hills Dividend FAQ
How much is the next Black Hills dividend?
Black Hills's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Black Hills dividend. The next Black Hills dividend will be released in February, May, August, or November.
When is Black Hills dividend paid?
Black Hills pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Black Hills pay?
The specific amount of Black Hills dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Black Hills's dividend history.
Does Black Hills stock pay dividends?
Yes, Black Hills does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Black Hills's dividend history.
How much dividend does Black Hills pay?
Black Hills paid $2.6 in 2024, $2.5 in 2023, $2.41 in 2022, $2.29 in 2021, and $2.17 in 2020.
How often does Black Hills pay dividends?
Black Hills typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Black Hills's dividend yield?
The current dividend yield for Black Hills is 4.24%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Black Hills's exact dividend yield.
When does Black Hills go ex dividend?
Black Hills's ex-dividend date for the latest dividend was on 2024-11-18. Black Hills typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Black Hills dividend paid?
Black Hills pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Black Hills increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Black Hills will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Black Hills dividend per share?
Black Hills paid $2.6 per share in 2024 and $2.5 per share in 2023. The amount of dividend per share that Black Hills pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Black Hills a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Black Hills a dividend king?
Yes, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Black Hills a dividend stock?
Yes, Black Hills is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Black Hills a good dividend stock?
Whether Black Hills is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Black Hills has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Black Hills as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Black Hills as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Black Hills pay dividends monthly?
Black Hills typically pays dividends on a quarterly basis.
Does Black Hills pay dividends quarterly?
Black Hills currently pays dividends on a quarterly basis.
Has Black Hills ever paid a dividend?
Yes, Black Hills has a history of paying dividends to its shareholders. Black Hills is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Black Hills dividend stocks?
To buy Black Hills you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Black Hills stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Black Hills stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Black Hills pay dividends 2024?
Black Hills pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Black Hills increase its dividend in 2024?
Decisions regarding Black Hills dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Black Hills dividend overview you can look into the above table of dividend history.
How Black Hills dividend works?
The Black Hills dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Black Hills's dividend process works:
1. Determination of Dividend: Black Hills's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Black Hills publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Black Hills distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Black Hills are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Black Hills's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Black Hills publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Black Hills distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Black Hills are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Black Hills dividends paid?
Black Hills dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Black Hills sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Black Hills distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Black Hills declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Black Hills sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Black Hills distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Black Hills declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Black Hills pay dividends?
Black Hills typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Black Hills pay dividends?
The general pattern is that Black Hills pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Black Hills dividend safe?
The safety of Black Hills's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Black Hills's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Black Hills's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Black Hills's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Black Hills's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.