Xcel Energy (XEL) Raises Quarterly Dividend 6.6% to $0.4875; 3% Yield

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Xcel Energy Inc. Board Increases 2022 Common Dividend 6.6%, Declares Dividend on Common Stock

February 23, 2022 2:01 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 45.75 cents per share to 48.75 cents per share, which is equivalent to an annual rate of $1.95 per share. The dividends are payable April 20, 2022, to shareholders of record on March 15, 2022.

Today's 6.6 percent increase in our dividend signals the confidence we... More