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XEL Xcel Energy dividend history, payout ratio & dates

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%.

Key dates

  • XEL last dividend date: Sep 14, 2023
  • XEL next dividend date: Not announced
XEL dividend stats
DPS
$2.05
Dividend yield
3.74%
Payout ratio
64.6%
vs. Utilities sector
Dividend yield
3.86%
Payout ratio
65.1%

Dividend yield

What is Xcel Energy current dividend yield

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.

Dividend history

What is XEL dividend payout history and dates

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%.

Recent dividends

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 dividend payout ratio

What is Xcel Energy dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

XEL dividend vs peer dividends

How does XEL dividend compare to its peers' dividends
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%

Frequently asked questions

Does Xcel Energy pay a dividend?

Yes, Xcel Energy has been paying dividends for the last 26 years.

When is Xcel Energy's next dividend?

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.

When was XEL's last dividend?

Xcel Energy's last regular dividend was on Sep 14, 2023 (ex-date) with the amount of $0.52 per share.

How much dividend does Xcel Energy pay (per share)?

XEL's annualized dividend per share is $2.05.

What is Xcel Energy's dividend yield?

The current dividend yield of Xcel Energy is 3.72%.

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 64.6%.

Does Xcel Energy pay a good dividend?

Xcel Energy's dividend yield is in line with the Utilities sector average.