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Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company sells electricity to approximately 3.7 million customers; and natural gas to approximately 2.1 million customers. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.

Xcel Energy Dividend Announcement

Xcel Energy announced a quarterly dividend of $0.55 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-09-13
Xcel Energy annual dividend for 2024 was $1.64
Xcel Energy annual dividend for 2023 was $2.08
Xcel Energy's trailing twelve-month (TTM) dividend yield is 4.02%
Xcel Energy's payout ratio for the trailing twelve months (TTM) is 61.08%
Xcel Energy's dividend growth over the last five years (2018-2023) was 6.47% year
Xcel Energy's dividend growth over the last ten years (2013-2023) was 6.48% year

Xcel Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13$0.55quarterly2024-10-20
2024-06-14$0.55quarterly2024-07-20
2024-03-14$0.55quarterly2024-04-20
2023-12-27$0.52quarterly2024-01-20
2023-09-14$0.52quarterly2023-10-20
2023-06-14$0.52quarterly2023-07-20
2023-03-14$0.52quarterly2023-04-20
2022-12-28$0.49quarterly2023-01-20
2022-09-14$0.49quarterly2022-10-20
2022-06-14$0.49quarterly2022-07-20
2022-03-14$0.49quarterly2022-04-20
2021-12-21$0.46quarterly2022-01-20
2021-09-14$0.46quarterly2021-10-20
2021-06-14$0.46quarterly2021-07-20
2021-03-12$0.46quarterly2021-04-20
2020-12-22$0.43quarterly2021-01-20
2020-09-14$0.43quarterly2020-10-20
2020-06-12$0.43quarterly2020-07-20
2020-03-12$0.43quarterly2020-04-20
2019-12-24$0.41quarterly2020-01-20
2019-09-12$0.41quarterly2019-10-20
2019-06-13$0.41quarterly2019-07-20
2019-03-14$0.41quarterly2019-04-20
2018-12-27$0.38quarterly2019-01-20
2018-09-13$0.38quarterly2018-10-20
2018-06-14$0.38quarterly2018-07-20
2018-03-14$0.38quarterly2018-04-20
2017-12-27$0.36quarterly2018-01-20
2017-09-14$0.36quarterly2017-10-20
2017-06-13$0.36quarterly2017-07-20
2017-03-13$0.36quarterly2017-04-20
2016-12-22$0.34quarterly2017-01-20
2016-09-13$0.34quarterly2016-10-20
2016-06-14$0.34quarterly2016-07-20
2016-03-11$0.34quarterly2016-04-20
2015-12-22$0.32quarterly2016-01-20
2015-09-15$0.32quarterly2015-10-20
2015-06-16$0.32quarterly2015-07-20
2015-03-13$0.32quarterly2015-04-20
2014-12-23$0.30quarterly2015-01-20
2014-09-16$0.30quarterly2014-10-20
2014-06-17$0.30quarterly2014-07-20
2014-03-18$0.30quarterly2014-04-20
2013-12-24$0.28quarterly2014-01-20
2013-09-17$0.28quarterly2013-10-20
2013-06-18$0.28quarterly2013-07-20
2013-03-19$0.27quarterly2013-04-20

Xcel Energy Dividend per year

Xcel Energy Dividend growth

Xcel Energy Dividend Yield

Xcel Energy current trailing twelve-month (TTM) dividend yield is 4.02%. Interested in purchasing Xcel Energy stock? Use our calculator to estimate your expected dividend yield:

Xcel Energy Financial Ratios

P/E ratio20.20
PEG ratio4.71
P/B ratio1.96
ROE10.34%
Payout ratio61.08%
Current ratio0.93
Quick ratio0.82
Cash Ratio0.26

Xcel Energy Dividend FAQ

How much is the next Xcel Energy dividend?
Xcel Energy's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Xcel Energy dividend. The next Xcel Energy dividend will be released in March, June, September, or December.
When is Xcel Energy dividend paid?
Xcel Energy pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. 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 Xcel Energy pay?
The specific amount of Xcel Energy 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 Xcel Energy's dividend history.
Does Xcel Energy stock pay dividends?
Yes, Xcel Energy 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 Xcel Energy's dividend history.
How much dividend does Xcel Energy pay?
Xcel Energy paid $1.642 in 2024, $2.08 in 2023, $1.951 in 2022, $1.831 in 2021, and $1.72 in 2020.
How often does Xcel Energy pay dividends?
Xcel Energy 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 March, June, September, and December.
What is Xcel Energy's dividend yield?
The current dividend yield for Xcel Energy is 4.02%. 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 Xcel Energy's exact dividend yield.
When does Xcel Energy go ex dividend?
Xcel Energy's ex-dividend date for the latest dividend was on 2024-09-13. Xcel Energy 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 Xcel Energy dividend paid?
Xcel Energy pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Xcel Energy 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 Xcel Energy 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 Xcel Energy dividend per share?
Xcel Energy paid $1.642 per share in 2024 and $2.08 per share in 2023. The amount of dividend per share that Xcel Energy 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 Xcel Energy 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 Xcel Energy a dividend king?
No, 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 Xcel Energy a dividend stock?
Yes, Xcel Energy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Xcel Energy a good dividend stock?
Whether Xcel Energy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Xcel Energy has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Xcel Energy 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 Xcel Energy pay dividends monthly?
Xcel Energy typically pays dividends on a quarterly basis.
Does Xcel Energy pay dividends quarterly?
Xcel Energy currently pays dividends on a quarterly basis.
Has Xcel Energy ever paid a dividend?
Yes, Xcel Energy has a history of paying dividends to its shareholders. Xcel Energy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Xcel Energy dividend stocks?
To buy Xcel Energy 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 Xcel Energy 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 Xcel Energy pay dividends 2024?
Xcel Energy pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-20. 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 Xcel Energy increase its dividend in 2024?
Decisions regarding Xcel Energy 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 Xcel Energy dividend overview you can look into the above table of dividend history.
How Xcel Energy dividend works?
The Xcel Energy 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 Xcel Energy's dividend process works:

1. Determination of Dividend: Xcel Energy'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, Xcel Energy 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, Xcel Energy 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 Xcel Energy 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 Xcel Energy dividends paid?
Xcel Energy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Xcel Energy 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, Xcel Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Xcel Energy 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 Xcel Energy pay dividends?
Xcel Energy 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 Xcel Energy pay dividends?
The general pattern is that Xcel Energy pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Xcel Energy dividend safe?
The safety of Xcel Energy'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 Xcel Energy'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 Xcel Energy'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.