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Black Hills (Black Hills) 3-Year Dividend Growth Rate

: 4.80% (As of Dec. 2023)
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Black Hills's Dividends per Share for the three months ended in Dec. 2023 was $0.63.

The historical rank and industry rank for Black Hills's 3-Year Dividend Growth Rate or its related term are showing as below:

BKH' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.4   Med: 3.75   Max: 13.4
Current: 4.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Black Hills was 13.40% per year. The lowest was 1.40% per year. And the median was 3.75% per year.

BKH's 3-Year Dividend Growth Rate is ranked worse than
52.22% of 293 companies
in the Utilities - Regulated industry
Industry Median: 5.1 vs BKH: 4.80

During the past 12 months, Black Hills's average Dividends Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Black Hills's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.53. As of today, Black Hills's Dividend Yield % is 4.97%.

Good Sign:

Black Hills Corp stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Utilities - Regulated Gas subindustry, Black Hills's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Black Hills 3-Year Dividend Growth Rate Distribution

For the Utilities - Regulated industry and Utilities sector, Black Hills's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Black Hills's 3-Year Dividend Growth Rate falls into.



Black Hills 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Black Hills  (NYSE:BKH) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Black Hills's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.625/ 1.17
=0.53

During the past 13 years, the highest Dividend Payout Ratio of Black Hills was 0.67. The lowest was 0.40. And the median was 0.58.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Black Hills Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6502024-02-152024-02-162024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6252023-11-162023-11-172023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6252023-08-172023-08-182023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.6252023-05-172023-05-182023-06-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Black Hills's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.525/51.075
=4.94 %

Current Share Price is $51.075.
Black Hills's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.525.

During the past 13 years, the highest Dividend Yield of Black Hills was 5.18%. The lowest was 2.37%. And the median was 3.11%.

Good Sign:

Black Hills Corp stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Black Hills 3-Year Dividend Growth Rate Related Terms>


Black Hills (Black Hills) Business Description

Traded in Other Exchanges
Address
7001 Mount Rushmore Road, Rapid City, SD, USA, 57702
Black Hills Corp is a U.S.-based energy company that operates through its regulated Electric Utilities, regulated Gas Utilities, Power Generation and Mining segments. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from electric utilities.
Executives
Richard Kinzley officer: Sr VP & CFO PO BOX 1400, RAPID CITY SD 57709
Rebecca B Roberts director 1000 LOUISIANA, SUITE 5800, HOUSTON TX 77002
Stuart A Wevik officer: Sr VP - Utility Operations PO BOX 1400, RAPID CITY SD 57709
Kathleen S Mcallister director DEEPWATER HOUSE, KINGSWELLS CAUSEWAY, PRIME FOUR BUSINESS PARK, ABERDEEN, SCOTLAND X0 AB15 8PU
Barry M Granger director PO BOX 1400, RAPID CITY SD 57709
Robert P Otto director PO BOX 1400, RAPID CITY SD 57709
Mark A Schober director
Tony A Jensen director 620 E HEARTSTRONG STREET, SUPERIOR CO 80027
Scott M Prochazka director 1111 LOUISIANA, HOUSTON TX 77002
Teresa Taylor director FIRST INTERSTATE BANCSYSTEM, INC, PO BOX 30918, BILLINGS MT 59116-0918
Michael Madison director PO BOX 5000, PINEVILLE LA 71361-5000
John B Vering director PO BOX 1400, RAPID CITY SD 57709
Steven Richard Mills director C/O ARCHER DANIELS MIDLAND CO, 4666 FARIES PARKWAY, DECATUR IL 62526
Linden R Evans officer: President and CEO PO BOX 1400, RAPID CITY SD 57709
David R Emery director, officer: Executive Chairman P O BOX 1400, RAPID CITY SD 57709-1400