Xcel Energy's last quarterly dividend of $0.52 per share was on Sep 14, 2023 (ex-date). The annualized dividend payment of $2.05 per share represents a current dividend yield of 3.72%.
Xcel Energy's dividend yield of 3.72% is lower than the Utilities sector, the industry and its peers average. But in comparison with the Utilities sector average of 3.86%, Xcel Energy's dividend yield is only 3.6% lower. The current dividend yield is higher than the historical average of 2.8% of the last 5 years.
Xcel Energy has a history of paying dividends since 1997. Our records of XEL show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 7% since one year ago. And with the stock price down by 14% from a year ago, the dividend yield marks an increase of 24%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Sep 14, 2023 | Oct 20, 2023 | Aug 23, 2023 | $0.52 | normal |
Jun 14, 2023 | Jul 20, 2023 | May 24, 2023 | $0.52 | normal |
Mar 14, 2023 | Apr 20, 2023 | Feb 22, 2023 | $0.52 | normal |
Dec 28, 2022 | Jan 20, 2023 | Dec 14, 2022 | $0.488 | normal |
Sep 14, 2022 | Oct 20, 2022 | Aug 17, 2022 | $0.488 | normal |
Jun 14, 2022 | Jul 20, 2022 | May 18, 2022 | $0.488 | normal |
Mar 14, 2022 | Apr 20, 2022 | Feb 23, 2022 | $0.488 | normal |
Dec 21, 2021 | Jan 20, 2022 | Dec 8, 2021 | $0.458 | normal |
Sep 14, 2021 | Oct 20, 2021 | Aug 18, 2021 | $0.458 | normal |
Jun 14, 2021 | Jul 20, 2021 | May 19, 2021 | $0.458 | normal |
Mar 12, 2021 | Apr 20, 2021 | Feb 17, 2021 | $0.458 | normal |
Dec 22, 2020 | Jan 20, 2021 | Dec 9, 2020 | $0.43 | normal |
Sep 14, 2020 | Oct 20, 2020 | Aug 19, 2020 | $0.43 | normal |
Jun 12, 2020 | Jul 20, 2020 | May 20, 2020 | $0.43 | normal |
Mar 12, 2020 | Apr 20, 2020 | Feb 19, 2020 | $0.43 | normal |
Dec 24, 2019 | Jan 20, 2020 | Dec 11, 2019 | $0.405 | normal |
Sep 12, 2019 | Oct 20, 2019 | Aug 21, 2019 | $0.405 | normal |
Jun 13, 2019 | Jul 20, 2019 | May 15, 2019 | $0.405 | normal |
Mar 14, 2019 | Apr 20, 2019 | Feb 20, 2019 | $0.405 | normal |
Dec 27, 2018 | Jan 20, 2019 | Dec 12, 2018 | $0.38 | normal |
Sep 13, 2018 | Oct 20, 2018 | Aug 22, 2018 | $0.38 | normal |
Jun 14, 2018 | Jul 20, 2018 | May 16, 2018 | $0.38 | normal |
Mar 14, 2018 | Apr 20, 2018 | Feb 21, 2018 | $0.38 | normal |
Dec 27, 2017 | Jan 20, 2018 | Dec 13, 2017 | $0.36 | normal |
Sep 14, 2017 | Aug 23, 2017 | $0.36 | normal | |
Jun 14, 2017 | May 17, 2017 | $0.36 | normal | |
Jun 13, 2017 | Jul 20, 2017 | May 17, 2017 | $0.36 | normal |
Mar 14, 2017 | Feb 22, 2017 | $0.36 | normal | |
Mar 13, 2017 | Apr 20, 2017 | Feb 22, 2017 | $0.36 | normal |
Dec 23, 2016 | Dec 14, 2016 | $0.34 | normal | |
Dec 22, 2016 | Jan 20, 2017 | Dec 14, 2016 | $0.34 | normal |
Xcel Energy's payout ratio of 64.6% is below the Utilities sector, the industry and its peers average. But compared to its Utilities sector average of 65.1%, Xcel Energy's payout ratio is only 0.8% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
AVA Avista Corp | 5.86% | $1.82 | 93.3% |
DUK Duke Energy CORP | 4.74% | $4.04 | 246.3% |
PPL PPL Corp | 4.14% | $0.95 | 90.9% |
DTE Dte Energy Co | 3.97% | $3.81 | 59.2% |
WEC Wec Energy Group Inc | 3.97% | $3.07 | 71.5% |
LNT Alliant Energy Corp | 3.87% | $1.79 | 68.4% |
XEL Xcel Energy Inc | 3.74% | $2.05 | 64.6% |
CMS Cms Energy Corp | 3.74% | $1.92 | 76.9% |
IDA Idacorp Inc | 3.52% | $3.16 | 58.6% |
PNM Pnm Resources Inc | 3.36% | $1.45 | 52.3% |
Yes, Xcel Energy has been paying dividends for the last 26 years.
XEL hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in December 2023.
Xcel Energy's last regular dividend was on Sep 14, 2023 (ex-date) with the amount of $0.52 per share.
XEL's annualized dividend per share is $2.05.
The current dividend yield of Xcel Energy is 3.72%.
Xcel Energy pays four dividends per year.
Xcel Energy's dividend payout ratio is 64.6%.
Xcel Energy's dividend yield is in line with the Utilities sector average.