Xcel Energy (XEL) Raises Quarterly Dividend 5.3% to $0.5475; 3.7% Yield

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Xcel Energy Inc. Board Increases 2024 Common Dividend 5.3%, Declares Dividend on Common Stock

February 21, 2024 12:06 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 52 cents per share to 54.75 cents per share, which is equivalent to an annual rate of $2.19 per share. The dividends are payable April 20, 2024, to shareholders of record on March 15, 2024.

Todays dividend increase of 5.3% marks the twenty first consecutive year that Xcel Energy has increased its... More