Black Hills Corp. Announces Quarterly Dividend Increase
27 January 2024 - 8:15AM
Black Hills Corp. (NYSE: BKH) today announced that its board of
directors approved a quarterly dividend of $0.65 per share, an
increase of $0.025 per share over last quarter’s dividend. Common
shareholders of record at the close of business on Feb. 16, 2024,
will receive $0.65 per share, payable March 1, 2024.
“This dividend increase showcases our long-standing commitment
to reward shareholders with a sustainable, growing dividend,” said
Linn Evans, president and CEO of Black Hills Corp. “The increase
reflects the confidence we have in the future of Black Hills and
our ability to deliver long-term shareholder value through dynamic
economic cycles and the continuous evolution within our
industry.”
The new annualized rate represents 54 consecutive years of
annual dividend increases and is the second longest track record in
the electric and natural gas utility industry.
This dividend announcement marks 82 consecutive years that Black
Hills has paid annual dividends, starting in February 1942 when its
predecessor company, Black Hills Power & Light Company, was
newly incorporated.
Black Hills CorporationBlack Hills Corp. (NYSE:
BKH) is a customer focused, growth-oriented utility company with a
tradition of improving life with energy and a vision to be the
energy partner of choice. Based in Rapid City, South Dakota, the
company serves 1.33 million natural gas and electric utility
customers in eight states: Arkansas, Colorado, Iowa, Kansas,
Montana, Nebraska, South Dakota and Wyoming. More information is
available at www.blackhillscorp.com.
Investor RelationsJerome E.
Nichols605-721-1171jerome.nichols@blackhillscorp.com
24-Hour Media Relations Line888-242-3969
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