Black Hills Corporation
S&P 500BKH/Utilities · Utilities - Regulated Gas/NYSE
Dividend Yield
3.78%
$2.76 · Annual Dividend
Dividend Safety Rating
BKH's dividend appears safe and well-supported. Strengths include a 71.1% earnings payout ratio & 29.9% cfo payout ratio. Areas of concern: 2.7x interest coverage & 0.6x current ratio. As a utility, higher payout ratios and leverage are typical for this regulated sector.
Based on 14 of 15 metrics
Strengths
- CFO Payout Ratio: 29.9%Operating cash flow strongly supports the payout.
- Operating Margin: 25.9%Healthy operating margin provides a wide buffer.
- Profit Margin Stability: Very StableProfit margins have stayed stable through cycles.
Risks
- Current Ratio: 0.6xLimited short-term liquidity to meet obligations.
- Interest Coverage: 2.7xInterest coverage is thin relative to debt servicing.
- Return on Equity: 7.7%Return on equity is below industry norms.
Payout & Coverage
SafeBalance Sheet
CautionProfitability
SafeDividend Track Record
Very SafeAbout Black Hills Corporation
Black Hills Corporation is a diversified energy company primarily serving customers in several Midwestern and Western states in the United States. Its main function is to provide essential utility services, including natural gas and electric utility operations. Black Hills Corporation plays a key role in energy distribution and infrastructure development, enhancing reliability and safety for millions of customers. Its electric utilities generate and transmit electricity through modern and sustainable practices, reflecting a commitment to reducing environmental impact. Meanwhile, its natural gas utilities support efficient and secure gas delivery systems. The organization also extends its influence into electric power generation and natural gas transmission pipelines, supporting broader industrial and residential energy needs. Through its subsidiaries, Black Hills Corporation contributes significantly to local and regional economic growth, offering consistent energy solutions across sectors. Headquartered in Rapid City, South Dakota, Black Hills Corporation is a prominent player in its field, known for emphasizing safety, operational excellence, and innovation in energy management.
Dividend Overview
Dividend Yield
3.78%
Annual Dividend
$2.76
Frequency
Quarterly
Payout Ratio
71.12%
FCF Payout Ratio
64.77%
52-Week Range
$55.50 - $78.69
Dividend History (2016–2025)
BKH annual dividend per share and yield history
Earnings & Profitability
BKH earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
May 15, 2026
Last Payment Date
June 1, 2026
Dividend Growth
3-Year Dividend CAGR
3.91%
5-Year Dividend CAGR
4.50%
10-Year Dividend CAGR
5.26%
3-Year Total Growth
12.20%
5-Year Total Growth
24.61%
10-Year Total Growth
66.91%
Income Calculator
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.