XEL Xcel Energy dividend history, payout ratio & dates
Xcel Energy's last dividend of $0.548 per share was on Sep 13, 2024 (ex-date). The annualized dividend payment of $2.16 per share represents a current dividend yield of 3.03%.
Key dates
- XEL last dividend date: Sep 13, 2024
XEL dividend stats
vs. Utilities sector
Dividend yield
Xcel Energy's dividend yield of 3.03% is higher than its peers average but lower than the Utilities sector and the industry average. But in comparison with the Utilities sector average of 3.07%, Xcel Energy's dividend yield is only 1.3% lower. The current dividend yield is in line with the historical average of 3.0% of the last 5 years.
Dividend history
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 6% since one year ago. But with the stock price up by 19% from a year ago, the dividend yield marks a decrease of 11%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 13, 2024 | $0.548 | 3.39% |
| Jun 14, 2024 | $0.548 | 3.97% |
| Mar 14, 2024 | $0.548 | 4.06% |
| Dec 27, 2023 | $0.52 | 3.38% |
| Sep 14, 2023 | $0.52 | 3.49% |
| Jun 14, 2023 | $0.52 | 3.22% |
| Mar 14, 2023 | $0.52 | 3.03% |
| Dec 28, 2022 | $0.488 | 2.76% |
| Sep 14, 2022 | $0.488 | 2.55% |
| Jun 14, 2022 | $0.488 | 2.87% |
| Mar 14, 2022 | $0.488 | 2.68% |
| Dec 21, 2021 | $0.458 | 2.76% |
| Sep 14, 2021 | $0.458 | 2.73% |
| Jun 14, 2021 | $0.458 | 2.57% |
| Mar 12, 2021 | $0.458 | 2.81% |
| Dec 22, 2020 | $0.43 | 2.65% |
| Sep 14, 2020 | $0.43 | 2.44% |
| Jun 12, 2020 | $0.43 | 2.62% |
| Mar 12, 2020 | $0.43 | 2.68% |
| Dec 24, 2019 | $0.405 | 2.58% |
| Sep 12, 2019 | $0.405 | 2.53% |
| Jun 13, 2019 | $0.405 | 2.64% |
| Mar 14, 2019 | $0.405 | 2.75% |
| Dec 27, 2018 | $0.38 | 3.06% |
| Sep 13, 2018 | $0.38 | 3.1% |
| Jun 14, 2018 | $0.38 | 3.45% |
| Mar 14, 2018 | $0.38 | 3.35% |
| Dec 27, 2017 | $0.36 | 3.01% |
| Sep 14, 2017 | $0.36 | 2.89% |
| Jun 13, 2017 | $0.36 | 2.97% |
| Mar 13, 2017 | $0.36 | 3.19% |
| Dec 22, 2016 | $0.34 | 3.34% |
| Sep 13, 2016 | $0.34 | 3.3% |
| Jun 14, 2016 | $0.34 | 3.08% |
| Mar 11, 2016 | $0.34 | 3.22% |
| Dec 22, 2015 | $0.32 | 3.62% |
| Sep 15, 2015 | $0.32 | 3.81% |
| Jun 16, 2015 | $0.32 | 3.83% |
| Mar 13, 2015 | $0.32 | 3.62% |
Xcel Energy dividend payout ratio
Payout ratio
Xcel Energy's payout ratio of 64.2% is above the Utilities sector average but below the industry and its peers average. But compared to its Utilities sector average of 63.3%, Xcel Energy's payout ratio is only 1.4% higher.
Total amount of dividends paid per financial year (from cash flow)
XEL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AVA Avista Corp | 4.8% | $1.89 | 74.8% |
| DUK Duke Energy CORP | 3.6% | $4.14 | 76.1% |
| WEC Wec Energy Group Inc | 3.31% | $3.34 | 81.7% |
| DTE Dte Energy Co | 3.28% | $4.08 | 55.1% |
| XEL Xcel Energy Inc | 3.03% | $2.16 | 64.2% |
| LNT Alliant Energy Corp | 3.03% | $1.92 | 74.4% |
| CMS Cms Energy Corp | 2.96% | $2.06 | 58.9% |
| PPL PPL Corp | 2.91% | $1.01 | 90.4% |
| IDA Idacorp Inc | 2.82% | $3.35 | 61.8% |
| AEE Ameren Corp | 2.8% | $2.64 | 62% |
| PCG PG&E Corp | 0.19% | $0.04 | 3.1% |
Frequently asked questions
Does Xcel Energy pay a dividend?
Yes, Xcel Energy has been paying dividends for the last 27 years.
When was XEL's last dividend?
Xcel Energy's last regular dividend was on Sep 13, 2024 (ex-date) with the amount of $0.548 per share.
How much dividend does Xcel Energy pay (per share)?
XEL's annualized dividend per share is $2.16.
What is Xcel Energy's dividend yield?
The current dividend yield of Xcel Energy is 3.03%.
How often does Xcel Energy pay dividends?
Xcel Energy pays four dividends per year.
What is Xcel Energy's dividend payout ratio?
Xcel Energy's dividend payout ratio is 64.2%.
Does Xcel Energy pay a good dividend?
Xcel Energy's dividend yield is in line with the Utilities sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.