Black Hills's last quarterly dividend of $0.625 per share was on Nov 16, 2022 (ex-date). The annualized dividend payment of $2.41 per share represents a current dividend yield of 3.35%. The latest BKH payout of $0.625 marks a dividend growth of 5%.
Black Hills's dividend yield of 3.35% is higher than the Utilities sector and its peers average but lower than the industry average. If we compare it with the Utilities sector average of 3.04%, Black Hills's dividend yield is 10% higher. The historical 5-year average of BKH's dividend yield is 3.2%, which is in line with 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 11% from a year ago, the dividend yield marks a decrease of 5%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 16, 2022 | Dec 1, 2022 | Oct 25, 2022 | $0.625 | normal |
| 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 60.4% is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 63.7%, Black Hills's payout ratio is 5% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AVA Avista Corp | 4.25% | $1.76 | 97.8% |
| DUK Duke Energy CORP | 3.96% | $3.98 | 80.1% |
| BKH Black Hills Corp | 3.35% | $2.41 | 60.4% |
| EXC Exelon Corp | 3.3% | $1.35 | 62.5% |
| LNT Alliant Energy Corp | 3.25% | $1.74 | 65.5% |
| CMS Cms Energy Corp | 2.93% | $1.84 | 41.2% |
| XEL Xcel Energy Inc | 2.87% | $1.95 | 63.6% |
| MDU Mdu Resources Group Inc | 2.82% | $0.88 | 52.5% |
| AEE Ameren Corp | 2.77% | $2.36 | 58.9% |
| CNP Centerpoint Energy Inc | 2.4% | $0.7 | 28.5% |
Yes, Black Hills has paid four dividends in the last 12 months. BKH has been paying dividends since 1994.
BKH's next dividend date is Feb 13, 2023 (ex-date).
Black Hills's last regular dividend was on Nov 16, 2022 (ex-date) with the amount of $0.625 per share.
BKH has paid dividend of $2.41 per share in the last year.
The current dividend yield of Black Hills is 3.35%.
Black Hills has a quarterly dividend frequency.
Black Hills's dividend payout ratio is 60.4%.
Black Hills's dividend yield is more than the Utilities sector average.