The utilities sector performed poorly in 2023 because of rising share prices. The negative sentiment has continued in 2024. As a result, many utilities share prices have fallen, but the yields have reached decade highs. Also, valuations are depressed compared to their historical averages and the S&P 500.This combination means investors can purchase shares of income stocks trading at reduced valuations. The sector is sensitive to interest rates, so when they decline, valuations should rise and yields come do ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Emerging growth company ☐ If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over f ...

Black Hills Corporation (NYSE:BKH) Q4 2023 Earnings Conference Call February 8, 2024 11:00 AM ET Company Participants Jerome Nichols - Director, IR Linden Evans - President and CEO Kimberly Nooney - SVP and CFO Marne Jones - SVP, Utilities Todd Jacobs - SVP, Growth and Strategy Conference Call Participants Anthony Crowdell - Mizuho Julien Dumoulin-Smith - Bank of America Andrew Weisel - Scotiabank Operator Good day, and thank you for standing by. Welcome to the Q4 and Full Year 2023 Black Hills Corporation ...

Delivered EPS of $3.91, above earnings guidance range of $3.65 to $3.85Improved year-over-year total net debt to capitalization ratio to 57.3% from 60.8%Increased quarterly dividend, extending annual dividend increase track record to 54 consecutive yearsInitiating 2024 EPS guidance range at $3.80 to $4.00Increasing five-year capital forecast by $800 million to $4.3 billion for 2024 through 2028 RAPID CITY, S.D., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) today announced financial results ...

DUBUQUE, Iowa, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) today announced that its nonregulated subsidiary, Black Hills Energy Renewable Resources, completed the purchase of a renewable natural gas production facility in Dubuque, Iowa. The acquisition of the production facility at the Dubuque Metropolitan Area Solid Waste Agency site includes onsite infrastructure and the rights to RNG production at the landfill under a long-term contract. The facility currently injects RNG into the natu ...

Adventure_Photo A Dividend King Trading at a discount to its per share dividend growth rate Seeking high-yield alternatives before the Fed moves to lower interest rates, many investors are looking to the beaten-down Utilities sector. While this is a sector that operates heavily on debt and share dilution, their cash flow streams are maybe second only to taxes as far as the reliability of income is concerned. There are only a handful of Utility companies that are in the Dividend King category, with dividend ...

Moussa81Utility stocks haven't been crowd favorites over the past 12+ months, as higher interest rates and the tech rally have turned sentiment against this perceived slower-growth sector along with REITs and consumer staples. This is not bad news for dividend investors, however, as it gives them the opportunity to layer into quality names at below average valuations. Such I find the case to be with Black Hills Corp. (NYSE:BKH), which as shown below is down by 27% over the past 12 months and is trading ...

Passive income is probably what you want if you're trying to live off your nest egg in retirement. That means you'll be looking at dividend-paying stocks. Three that should be on your radar screen today are Black Hills (BKH -0.39%), Chevron (CVX 0.38%), and Enterprise Products Partners (EPD 0.37%). Here's why.1. Black Hills is a high-yield Dividend KingThere's nothing exciting about Black Hills. And that's exactly why the stock, and its generous 4.8% dividend yield, are so interesting. For starters, the com ...

RAPID CITY, S.D., Jan. 26, 2024 (GLOBE NEWSWIRE) -- 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, preside ...

Some companies are just boring. They operate in dull industries where not much excitement happens. Because of that, they slowly plod along, often paying attractive dividends along the way. However, slow and steady can win over the long term. That's why some Fool.com contributors are rather excited about the total return potential of Black Hills Corporation (BKH -0.83%), Enbridge (ENB 0.60%), and Enterprise Products Partners (EPD 0.78%). While they operate in sleepy sectors of the energy industry, they have ...