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 ...

"With our Large Power Contract Service tariff in Wyoming, we are well-positioned to serve growing industrial and data center load while protecting other customers from risks associated with large-scale capacity additions and rate impacts," said Evans. "This capital-light service model is delivering value for our customers, communities and shareholders, which is integral to our long-term growth strategy. Today, our data center business is contributing 5% of our earnings per share, with approximately 10% of E ...

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 ...

RAPID CITY, S.D., July 10, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2024 second quarter earnings after the market closes Wednesday, July 31, 2024, and will host a live conference call and webcast at 11 a.m. EDT on Thursday, Aug. 1, 2024, to discuss the company's financial results. To participate by phone and ask a question during the live broadcast, participants can access the event directly at https://register.vevent.com/register/BI127d514d8e3a423191cc495600c59aa6 until the ...

RAPID CITY, S.D., July 09, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that Salvador (Sal) Diaz has been named the new director of investor relations reporting to Kimberly Nooney, senior vice president and chief financial officer, effective immediately. Diaz will replace Jerome Nichols who is retiring on Aug. 5, 2024, after 20 years of service with the company and the last 13 years in the investor relations role. Since 2010, Diaz has focused on investor relations and has represent ...

Diaz has more than 20 years of combined investor relations and broad capital markets experience, including equity research and investment banking. He began his career on Wall Street as an investment banking associate at Prudential Securities in New York, with primary responsibility for valuation and financial modeling and analysis. He later served in both analytical and editorial capacities for sell-side equity research teams at Canadian investment banks CIBC World Markets and National Bank Financial in Tor ...

Black Hills is a well-positioned Dividend King Compared to Dominion, Black Hills is really just a boring natural gas and electric utility. It serves roughly 1.3 million customers in parts of Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming. There is nothing exciting about its business. The problem today is that Black Hills tends to carry a bit more leverage than its peers, so higher interest rates are likely to be a near-term headwind to its earnings. If you are looking to add ...

Making strides in sustainability Black Hills Corp. reported a 27% reduction in greenhouse gas emissions from its natural gas distribution system since 2022. This marks meaningful progress towards its goal to achieve net zero emissions by 2035. Additionally, the company has reduced its electric utility greenhouse gas emissions by nearly one third since 2005 and is on track to achieve its goal to reduce electric emissions intensity 40% by 2030 and 70% by 2040 compared to 2005. "We're committed to creating a c ...

RAPID CITY, S.D., June 26, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the release of its 2023 Corporate Sustainability Report, highlighting the company's environmental, social and governance impacts and its progress on major projects and climate goals. "Our mission of improving life with energy means we must be ready to make tomorrow even better than today," said Linn Evans, president and CEO of Black Hills Corp. "I'm proud of the progress our team has made over the past year to ...

NextEra Energy is a well-run utility, but those interested in maximizing their passive income will probably prefer this utility Dividend King. NextEra Energy: Credit where credit is due In no way should investors think that NextEra Energy is a bad company. Quite the contrary, it is probably one of the best-run utilities you can buy. The problem is that this fact is fairly well known. For years, NextEra Energy has grown its business rapidly using a two-pronged approach, mixing a regulated utility (Florida Po ...