Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-31303 Black Hills Corporation Incorporated in South Dakota IRS Identification Number 46-0458824 7001 ...

Black Hills Corp. Reports 2024 Second-Quarter Results and Reaffirms 2024 Earnings Guidance RAPID CITY, S.D. — July 31, 2024 — Black Hills Corp. (NYSE: BKH) today announced financial results for the second quarter of 2024. Net income available for common stock and earnings per share for the three and six months ended June 30, 2024, compared to the three and six months ended June 30, 2023, were: | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------------|-------| ...

RAPID CITY, S.D., July 31, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the second quarter of 2024. Net income available for common stock and earnings per share for the three and six months ended June 30, 2024, compared to the three and six months ended June 30, 2023, were: | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------|--------------------------------------------------------------------------------|-------|-------|- ...

A high-octane, high-yield dividend stock Matt DiLallo (Phillips 66): Phillips 66 tends to fly under the radar of most investors. While it offers a high dividend yield at 3.3%, it's not as high as other energy dividend stocks (though it is more than double the S&P 500's 1.3% yield). Its refining and logistics business isn't the most exciting in the world, either, especially amid the current transition to lower-carbon energy. Phillips 66 also continues to make accretive acquisitions. It bought Pinnacle Midstr ...

Core Insights - Dividend kings are a prestigious group of publicly traded stocks that have increased their dividend payouts for at least 50 consecutive years, making them attractive for investors seeking long-term income [1][8] - These companies exhibit exceptional stability, which is crucial for maintaining uninterrupted dividend payments over decades [2][8] - The current list of dividend kings includes 53 companies, recognized for their resilience and ability to thrive through various macroeconomic cycles [8] Company Summaries - **Hormel Foods (HRL)**: Offers a yield of 3.51% and is considered a strong choice among dividend kings due to its safety and relatively high yield. Expected earnings for 2027 are projected at $2.19, with a potential share price of $52.05, indicating a 63% return over the period without dividends [3][10][11] - **Black Hills (BKH)**: This utility company provides electricity and natural gas, currently yielding 4.4%. It is noted for its stability and predictable cash flow, benefiting from population growth in its service area [5][17] - **Universal (UVV)**: Provides leaf tobacco to cigarette manufacturers and is considered the riskiest among dividend kings. Despite the decline in cigarette sales, Universal's sales continue to grow, and it has a low risk of reducing its dividend [6][18][19]

RAPID CITY, S.D., July 22, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors declared a quarterly dividend on the common stock at a meeting held July 22, 2024. Common shareholders of record at the close of business on Aug. 19, 2024, will receive $0.65 per share, payable Sept. 1, 2024. Access the webcast at www.blackhillscorp.com under the "Investor Relations" heading. Select "News and Events," and "Events & Presentations," and click on "Q2 2024 Earnings Confe ...

Enterprise Products Partners: The boring energy company To be fair, 7% is a huge yield, and investors will have to accept that the yield will make up the lion's share of their return. But add in distribution growth in the low to mid-single digits, which is reasonable to expect, and your return will get up to around the 10% you'd expect from the broader market pretty quickly. Black Hills is an out-of-favor Dividend King Do you have some money in your pocket, say $500 (or more), just waiting to be put to work ...

Core Insights - Black Hills Corporation is partnering with Meta to provide power for a new data center in Cheyenne, Wyoming, leveraging its electric utility, Black Hills Energy [7] - The company has a capital-light service model that supports industrial and data center loads while minimizing risks for other customers [1] - The data center business currently contributes 5% to the company's earnings per share (EPS), with expectations to increase to approximately 10% over the next five years [1] Company Overview - Black Hills Corporation is a growth-oriented utility company based in Rapid City, South Dakota, serving 1.34 million natural gas and electric utility customers across eight states [1] - The company has been providing energy solutions for data centers in Wyoming for over a decade, emphasizing reliability and customized energy resources [7][8] Service Model - The Large Power Contract Service tariff, established in 2016, allows Black Hills Energy to meet specific energy requirements for qualifying data center customers [3] - This innovative service model is designed to support the expansion of data centers while aligning with sustainability objectives [7]

A view of electric power lines. In dividend growth investing, I believe that finding companies to stand the test of time is key to success. This is what makes utilities one of my favorite sectors to cover. Demand for utility services like electricity, water, and natural gas, almost certainly isn't going to be going anywhere. To the contrary, it's difficult to imagine a reality in which customers don't consume more of these resources over time. That growing demand and the overall stability of regulated utili ...

Core Points - Black Hills Corp. will announce its 2024 second quarter earnings on July 31, 2024, after market close [1] - A live conference call and webcast will be held on August 1, 2024, at 11 a.m. EDT to discuss the financial results [1] Company Overview - Black Hills Corp. is a growth-oriented utility company based in Rapid City, South Dakota, serving 1.34 million natural gas and electric utility customers across eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming [5]