Utilities can generate lots of dividend income. That said, Black Hills' customer growth has increased at nearly three times the rate of U.S. population growth. It operates in very attractive markets in Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming. And that suggests that regulators will, in time, adjust the company's rate structure to account for the change in interest rates. If you have the patience to wait for that to happen, you can collect a historically high dividend yi ...

RAPID CITY, S.D., May 13, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) today announced the pricing of a registered public debt offering of $450 million aggregate principal amount of 6.00% senior unsecured notes due Jan. 15, 2035. The company expects the offering to close on May 16, 2024, subject to customary closing conditions. The company plans to use the net proceeds from the offering, together with available cash or short-term borrowings under its existing facilities, to repay its $600 million p ...

Black Hills Corporation (NYSE:BKH) Q1 2024 Results Conference Call May 9, 2024 11:00 AM ET Company Participants Dave Soderquist - Investor Relations Manager Linden Evans - President and CEO Kimberly Nooney - SVP and CFO Marne Jones - SVP, Utilities Todd Jacobs - SVP, Growth and Strategy Conference Call Participants Andrew Weisel - Scotiabank Brandon Lee - Mizuho Operator Good day, and thank you for standing by. Welcome to the Black Hills Corporation's First Quarter 2024 Earnings Conference Call. At this tim ...

We conduct our business operations through two operating segments: Electric Utilities and Gas Utilities. Certain unallocated corporate expenses that support our operating segments are presented as Corporate and Other. We conduct our utility operations under the name Black Hills Energy predominantly in rural areas of the Rocky Mountains and Midwestern states. We consider ourself a domestic electric and natural gas utility company. We have provided energy and served customers for 140 years, since the 1883 gol ...

Black Hills Corp. Reports 2024 First-Quarter Results and Reaffirms 2024 Earnings Guidance | --- | --- | --- | --- | --- | |-------------------------------------------------|-------|-----------------------------------|------------------------|-------| | | | 2024 \n(in millions, except | per share amounts) | 2023 | | Net income available for common stock | $ | 127.9 | $ | 114.1 | | Earnings per share, Diluted | $ | 1.87 | $ | 1.73 | "We continue to see progress in our accelerated regulatory schedule, which is ...

RAPID CITY, S.D., May 08, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) today announced financial results for the first quarter of 2024. Net income available for common stock and earnings per share for the three months ended March 31, 2024, compared to the three months ended March 31, 2023, were:  Three Months Ended March 31, 2024 2023 (in millions, except per share amounts)Net income available for common stock$127.9 $114.1Earnings per share, Diluted$1.87 $1.73       First quarter earnings were $1.8 ...

GRIMES, Iowa, May 01, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) today announced that its Iowa natural gas utility, Black Hills/Iowa Gas Utility Company, LLC, doing business as Black Hills Energy, filed a rate review application with the Iowa Utilities Board requesting $20.7 million in new annual revenue. Black Hills Energy has invested approximately $100 million in safety, system integrity and reliability for its natural gas pipeline infrastructure in Iowa since its last general rate filing in 2 ...

RAPID CITY, S.D., April 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 April 22, 2024. Common shareholders of record at the close of business on May 17, 2024, will receive $0.65 per share, payable June 1, 2024. The company also confirms that it will release its 2024 first quarter earnings after the market closes Wednesday, May 8, 2024, and will host a live conference call and webcast at ...

RAPID CITY, S.D., April 18, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) today announced that its subsidiary Black Hills Colorado Electric, LLC, doing business as Black Hills Energy, is recommending 400 megawatts (MW) of new renewable energy resources to advance its 2030 Ready Clean Energy Plan. In its 120-Day report filed with the Colorado Public Utilities Commission, Black Hills Energy is proposing a preferred portfolio of resources that will add 200 MW of utility-scale solar, 150 MW of wind, and ...

Sometimes even well-run companies fall on hard times, and that's exactly the situation with these two Dividend Kings.There's an old Wall Street maxim that says the best time to buy is when there's blood in the streets. That might be a bit extreme for most investors, but the point is that you can often find the best deals on stocks that other investors are afraid of.Right now Stanley Black & Decker (SWK -0.72%) and Black Hills (BKH -1.54%) are out of favor, which is why you might want to take a closer look a ...