Black Hills's last quarterly dividend of $0.595 per share was on Aug 17, 2022 (ex-date). The annualized dividend payment of $2.38 per share represents a current dividend yield of 3.51%.
Black Hills's dividend yield of 3.51% is higher than the Utilities sector average but lower than the industry and its peers average. But if we consider the Utilities sector average of 3.36%, Black Hills's dividend yield is only 4.5% higher. The historical 5-year average of BKH's dividend yield is 3.2%, which is less than the current one.
Black Hills has a history of paying dividends since 1994. Our records of BKH show that the company has issued four quarterly 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 7% from a year ago, the dividend yield marks a decrease of 1.9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 17, 2022 | Sep 1, 2022 | Jul 25, 2022 | $0.595 | normal |
| May 17, 2022 | Jun 1, 2022 | Apr 26, 2022 | $0.595 | normal |
| Feb 11, 2022 | Mar 1, 2022 | Jan 26, 2022 | $0.595 | normal |
| Nov 16, 2021 | Dec 1, 2021 | Oct 26, 2021 | $0.595 | normal |
| Aug 17, 2021 | Sep 1, 2021 | Jul 26, 2021 | $0.565 | normal |
| May 17, 2021 | Jun 1, 2021 | Apr 26, 2021 | $0.565 | normal |
| Feb 11, 2021 | Mar 1, 2021 | Jan 27, 2021 | $0.565 | normal |
| Nov 16, 2020 | Dec 1, 2020 | Oct 27, 2020 | $0.565 | normal |
| Aug 17, 2020 | Sep 1, 2020 | Jul 27, 2020 | $0.535 | normal |
| May 15, 2020 | Jun 1, 2020 | Apr 27, 2020 | $0.535 | normal |
| Feb 13, 2020 | Mar 1, 2020 | Jan 29, 2020 | $0.535 | normal |
| Nov 15, 2019 | Dec 1, 2019 | Oct 29, 2019 | $0.535 | normal |
| Aug 16, 2019 | Sep 1, 2019 | Jul 31, 2019 | $0.505 | normal |
| May 16, 2019 | Jun 1, 2019 | Apr 29, 2019 | $0.505 | normal |
| Feb 14, 2019 | Mar 1, 2019 | Jan 30, 2019 | $0.505 | normal |
| Nov 16, 2018 | Dec 1, 2018 | Oct 30, 2018 | $0.505 | normal |
| Aug 17, 2018 | Sep 1, 2018 | Jul 25, 2018 | $0.475 | normal |
| May 17, 2018 | Jun 1, 2018 | Apr 23, 2018 | $0.475 | normal |
| Feb 14, 2018 | Mar 1, 2018 | Jan 31, 2018 | $0.475 | normal |
| Nov 16, 2017 | Dec 1, 2017 | $0.475 | normal | |
| Aug 16, 2017 | Sep 1, 2017 | Jul 26, 2017 | $0.445 | normal |
| May 16, 2017 | Jun 1, 2017 | Apr 25, 2017 | $0.445 | normal |
| Feb 13, 2017 | Mar 1, 2017 | Jan 25, 2017 | $0.445 | normal |
| Nov 15, 2016 | Dec 1, 2016 | Oct 25, 2016 | $0.42 | normal |
| Aug 16, 2016 | Sep 1, 2016 | Jul 29, 2016 | $0.42 | normal |
| May 16, 2016 | Jun 1, 2016 | Apr 25, 2016 | $0.42 | normal |
| Feb 11, 2016 | Mar 1, 2016 | Jan 27, 2016 | $0.42 | normal |
Black Hills's payout ratio of 57.3% is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 63.5%, Black Hills's payout ratio is 10% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AVA Avista Corp | 4.56% | $1.74 | 83.4% |
| DUK Duke Energy CORP | 4.15% | $3.96 | 80% |
| EXC Exelon Corp | 3.62% | $1.4 | 51.5% |
| BKH Black Hills Corp | 3.41% | $2.38 | 57.3% |
| MDU Mdu Resources Group Inc | 3.11% | $0.87 | 53.8% |
| LNT Alliant Energy Corp | 3.1% | $1.69 | 60.9% |
| CMS Cms Energy Corp | 3.04% | $1.82 | 39.9% |
| XEL Xcel Energy Inc | 2.94% | $1.92 | 63.9% |
| AEE Ameren Corp | 2.81% | $2.32 | 59.2% |
| CNP Centerpoint Energy Inc | 2.38% | $0.69 | 27.8% |
Yes, Black Hills has paid four dividends in the last 12 months. BKH has been paying dividends since 1994.
BKH 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 November 2022.
Black Hills's last regular dividend was on Aug 17, 2022 (ex-date) with the amount of $0.595 per share.
BKH has paid dividend of $2.38 per share in the last year.
The current dividend yield of Black Hills is 3.51%.
Black Hills has a quarterly dividend frequency.
Black Hills's dividend payout ratio is 57.3%.
Black Hills's dividend yield is in line with the Utilities sector average.