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 ...

RAPID CITY, S.D., April 16, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) will hold its Annual Meeting of Shareholders on Tuesday, April 23, 2024, at 9:30 a.m. MDT at 7001 Mount Rushmore Road, Rapid City, South Dakota. Attendees have the option to attend the meeting in person or they can listen to the meeting by dialing in via telephone. Shareholders will be able to access audio of the meeting by dialing 605-782-9484 and entering the passcode 604 530 619#. The presentation for the meeting will be av ...

RAPID CITY, S.D., April 10, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2024 first quarter earnings after the market closes Wednesday, May 8, 2024, and will host a live conference call and webcast at 11 a.m. EDT on Thursday, May 9, 2024, to discuss the company’s financial results. Access the webcast at www.blackhillscorp.com under the “Investor Relations” heading. Select “News and Events,” and “Events & Presentations,” and click on “Q1 2024 Earnings Conference Call,” or access t ...

The utility sector is generally one of the more boring segments of the broader energy industry, but that doesn't mean it is always uneventful. In fact, rising interest rates have resulted in Wall Street shunning utility stocks. While there are some good reasons for that, it has opened up an opportunity for long-term income investors to buy reliable dividend stocks like NextEra Energy (NEE 0.19%), Duke Energy (DUK 0.65%), and Black Hills Corporation (BKH 1.04%). Here's a look at each of these energy speciali ...

When interest rates rise, dividend stocks can sometimes fall because investors switch to lower-risk income options, like CDs. But there's another issue facing utilities, given that these capital-intensive businesses make heavy use of debt financing. Thus, rising costs are a second headwind for the sector.Over the long term, however, regulated utilities should adjust and continue to provide reliable income streams to shareholders. If you think in decades, you'll want to consider adding NextEra Energy (NEE 1. ...

RAPID CITY, S.D., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) today announced that members of its senior leadership team are scheduled to meet with investors in March, including participation in the Siebert Williams Shank West Coast Utilities Conference on March 20-21, 2024. Black Hills reaffirms its 2024 earnings guidance range of $3.80 to $4.00 per share as most recently issued on Feb. 8, along with updated assumptions on that date, and notes that leadership will be available during the ...

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 ...