Xcel Energy (XEL) Raises Quarterly Dividend 6.2% to $0.43; 2.4% Yield

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Xcel Energy Inc. Board Increases 2020 Common Dividend 6.2%, Declares Dividend on Common Stock

February 19, 2020 2:24 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 40.5 cents per share to 43 cents per share, which is equivalent to an annual rate of $1.72 per share. The dividends are payable April 20, 2020, to shareholders of record on March 13, 2020.

Todays dividend increase of 6.2% marks the seventeenth consecutive year that... More