Xcel Energy (XEL) Raises Quarterly Dividend 5.6% to $0.38; 3.4% Yield

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Xcel Energy Inc. Board Increases 2018 Common Dividend 5.6%, Declares Dividend on Common Stock

February 21, 2018 2:37 PM EST

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today raised the quarterly dividend on the companys common stock from 36 cents per share to 38 cents per share, which is equivalent to an annual rate of $1.52 per share. The dividends are payable April 20, 2018, to shareholders of record on March 15, 2018.

Todays decision by the Xcel Energy Board of Directors to increase our quarterly... More