Black Hills Corp. Announces Quarterly Dividend

Third quarter earnings call and webcast are Thursday, Nov. 3

RAPID CITY, S.D. - Oct. 25, 2016 - Black Hills Corp. (NYSE: BKH) today announced that its board of directors declared a quarterly dividend on the common stock at a meeting held Oct. 25, 2016. Common shareholders of record at the close of business on Nov. 17, 2016, will receive $0.42 per share, payable on Dec. 1, 2016.

The company also confirms that it will announce its 2016 third quarter earnings after the market closes on Wednesday, Nov. 2, and host its 2016 third quarter earnings conference call and webcast on Thursday, Nov. 3, at 11 a.m. EDT. Access the live webcast at www.blackhillscorp.com under the "Investor Relations" heading. Select "Events & Presentations," and click "Q3 2016 Earnings Conference Call." Please allow at least five minutes for registering and accessing the presentation.

To ask a question during the live broadcast or listen without Internet access, call 866-544-7741 from within the United States; the number for international callers is 724-498-4407. Enter the passcode 88556299 when prompted.

ABOUT BLACK HILLS CORP.
Black Hills Corp. (NYSE: BKH) is a customer-focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.2 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. The company also generates wholesale electricity and produces natural gas, oil and coal. More information is available at www.blackhillscorp.com.

Investor Relations
Jerome E. Nichols
605-721-1171
[email protected]

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866-243-9002

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