XEL Xcel Energy dividend history, payout ratio & dates
Xcel Energy's last dividend of $0.548 per share was on Jan 6, 2025 (ex-date). The annualized dividend payment of $2.19 per share represents a current dividend yield of 3.24%.
Key dates
- XEL last dividend date: Jan 6, 2025
XEL dividend stats
vs. Utilities sector
Dividend yield
Xcel Energy's dividend yield of 3.24% is higher than the Utilities sector and its peers average but lower than the industry average. But in comparison with the Utilities sector average of 3.18%, Xcel Energy's dividend yield is only 1.9% higher. The current dividend yield is higher than 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 dividends in the last twelve months. The annualized DPS marks an increase of 5% since one year ago. But with the stock price up by 14% from a year ago, the dividend yield marks a decrease of 7%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jan 6, 2025 | $0.548 | 3.36% |
| 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 65% is above the Utilities sector average but below the industry and its peers average. But compared to its Utilities sector average of 63.5%, Xcel Energy's payout ratio is only 2.4% 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 | 5.21% | $1.9 | 75.4% |
| DUK Duke Energy CORP | 3.79% | $4.14 | 76.1% |
| DTE Dte Energy Co | 3.43% | $4.15 | 56.1% |
| WEC Wec Energy Group Inc | 3.4% | $3.34 | 81.7% |
| XEL Xcel Energy Inc | 3.26% | $2.19 | 65% |
| LNT Alliant Energy Corp | 3.23% | $1.92 | 74.4% |
| PPL PPL Corp | 3.13% | $1.03 | 92% |
| IDA Idacorp Inc | 3.08% | $3.35 | 61.8% |
| CMS Cms Energy Corp | 3.08% | $2.06 | 58.9% |
| AEE Ameren Corp | 2.86% | $2.68 | 62.9% |
| PCG PG&E Corp | 0.33% | $0.06 | 4.3% |
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 Jan 6, 2025 (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 $2.19.
What is Xcel Energy's dividend yield?
The current dividend yield of Xcel Energy is 3.24%.
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 65%.
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.