Xcel Energy (XEL) Raises Quarterly Dividend 6.6% to $0.405; 3% Yield

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Go back to Xcel Energy (XEL) Raises Quarterly Dividend 6.6% to $0.405; 3% Yield

Xcel Energy Inc. Board Increases 2019 Common Dividend 6.6%, Declares Dividend on Common Stock

February 20, 2019 12:44 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 38 cents per share to 40.5 cents per share, which is equivalent to an annual rate of $1.62 per share. The dividends are payable April 20, 2019, to shareholders of record on March 15, 2019.

We are pleased to announce a $0.10 per share, or 6.6% increase in the... More