Black Hills (Black Hills) Dividend Payout Ratio

: 0.53 (As of Dec. 2023)

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Black Hills's dividend payout ratio for the months ended in Dec. 2023 was 0.53.

The historical rank and industry rank for Black Hills's Dividend Payout Ratio or its related term are showing as below:

BKH' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.58 Max: 0.67
Current: 0.64

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.

BKH's Dividend Payout Ratio is ranked worse than
62.77% of 368 companies
in the Utilities - Regulated industry
Industry Median: 0.535 vs BKH: 0.64

As of today (2024-04-17), the Dividend Yield % of Black Hills is 4.88%.

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

Black Hills's Dividends per Share for the months ended in Dec. 2023 was $0.63.

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.

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.

The growth rate is calculated with least square regression.

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

Black Hills Dividend Payout Ratio Historical Data

The historical data trend for Black Hills's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Black Hills Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.58

0.61

0.64

Black Hills Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.56	0.36	1.79	0.93	0.53

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Black Hills's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, Black Hills's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Black Hills's Dividend Payout Ratio falls into.

Black Hills Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.5	/	3.91
	=	0.64

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

Black Hills (NYSE:BKH) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Black Hills Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Black Hills's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Black Hills (Black Hills) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Black Hills Corp (NYSE:BKH) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

BHI:Germany BHI:Germany

Address

7001 Mount Rushmore Road, Rapid City, SD, USA, 57702

Website

https://www.blackhillscorp.com

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