Xcel Energy (XEL) Raises Quarterly Dividend 5.3% to $0.5475; 3.9% Yield

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Xcel Energy Inc. Board Declares Dividend on Common Stock

May 22, 2024 3:39 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today declared a quarterly dividend on its common stock of 54.75 cents per share. The dividends are payable July 20, 2024, to shareholders of record on June 14, 2024.

Xcel Energy is a major U.S. electricity and... More

Xcel Energy names Rob Berntsen new executive vice president and chief legal and compliance officer

May 20, 2024 3:57 PM EDT

Berntsen will oversee legal, compliance and corporate secretary and securities teams

MINNEAPOLIS--(BUSINESS WIRE)-- Xcel Energy today named Rob Berntsen as the companys executive vice president and chief legal and compliance officer. Berntsen takes over the role from Amanda Rome, who held the position on an interim basis while also serving in her role as executive vice president, group president utilities and chief customer officer.

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Fermata Energy and Xcel Energy Announce Transformative Vehicle-to-Everything Bidirectional Charging Pilot

May 20, 2024 11:00 AM EDT

Balancing Grid Supply and Demand with Electric Vehicles in Boulder, Colorado

CHARLOTTESVILLE, Va.--(BUSINESS WIRE)-- Fermata Energy, Xcel Energy, City of Boulder, Colorado CarShare and Boulder Housing Partners announced a collaborative Vehicle-to-Everything (V2X) bidirectional charging pilot project at Boulder Housing Partners 30 Pearl development and the Molly's Spirits Lakeside facility. This innovative V2X pilot program transforms parked EVs into mobile power units, advancing grid resilience and reducing electric bill costs while supporting underserved communities and local businesses.

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