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BKH Black Hills dividend history, payout ratio & dates

Black Hills's last quarterly dividend of $0.65 per share was on Feb 15, 2024 (ex-date). The annualized dividend payment of $2.53 per share represents a current dividend yield of 4.65%. The latest BKH payout of $0.65 marks a dividend growth of 4%.

Key dates

  • BKH last dividend date: Feb 15, 2024
  • BKH next dividend date: Not announced
BKH dividend stats
DPS
$2.53
Dividend yield
4.64%
Payout ratio
64.6%
vs. Utilities sector
Dividend yield
3.52%
Payout ratio
65.4%

Dividend yield

What is Black Hills current dividend yield

Black Hills's dividend yield of 4.65% is higher than the Utilities sector, the industry and its peers average. If we compare it with the Utilities sector average of 3.52%, Black Hills's dividend yield is 32% higher. The historical 5-year average of BKH's dividend yield is 3.5%, which is less than the current one.

Dividend history

What is BKH dividend payout history and dates

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 3.5% since one year ago. And with the stock price down by 17% from a year ago, the dividend yield marks an increase of 25%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 15, 2024 Mar 1, 2024 Jan 26, 2024 $0.65 normal
Nov 16, 2023 Dec 1, 2023 Oct 23, 2023 $0.625 normal
Aug 17, 2023 Sep 1, 2023 Jul 24, 2023 $0.625 normal
May 17, 2023 Jun 1, 2023 Apr 24, 2023 $0.625 normal
Feb 13, 2023 Mar 1, 2023 Jan 25, 2023 $0.625 normal
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 dividend payout ratio

What is Black Hills dividend payout ratio compared to the sector

Payout ratio

Black Hills's payout ratio of 64.6% is above the industry average but below the Utilities sector and its peers average. But compared to its Utilities sector average of 65.4%, Black Hills's payout ratio is only 1.2% lower.

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

BKH dividend vs peer dividends

How does BKH dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
AVA Avista Corp 5.21% $1.86 82.8%
BKH Black Hills Corp 4.64% $2.53 64.6%
DUK Duke Energy CORP 4.15% $4.08 115.3%
EXC Exelon Corp 3.89% $1.46 62.4%
XEL Xcel Energy Inc 3.81% $2.11 65.7%
LNT Alliant Energy Corp 3.68% $1.84 66.1%
AEE Ameren Corp 3.46% $2.56 58.3%
CMS Cms Energy Corp 3.3% $1.98 65.7%
CNP Centerpoint Energy Inc 2.71% $0.78 56.9%
MDU Mdu Resources Group Inc 2.44% $0.6 29.3%

Frequently asked questions

Does Black Hills pay a dividend?

Yes, Black Hills has paid four dividends in the last 12 months. BKH has been paying dividends since 1994.

When is Black Hills's next dividend?

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 May 2024.

When was BKH's last dividend?

Black Hills's last regular dividend was on Feb 15, 2024 (ex-date) with the amount of $0.65 per share.

How much dividend does Black Hills pay (per share)?

BKH has paid dividend of $2.53 per share in the last year.

What is Black Hills's dividend yield?

The current dividend yield of Black Hills is 4.65%.

How often does Black Hills pay dividends?

Black Hills has a quarterly dividend frequency.

What is Black Hills's dividend payout ratio?

Black Hills's dividend payout ratio is 64.6%.

Does Black Hills pay a good dividend?

Black Hills's dividend yield is more than the Utilities sector average.