Black Hills (BKH) Dividends
Market Cap: $4.41B
Avg Volume: 490.46K
Industry: Diversified Utilities
Sector: Utilities
Dividend Overview
Black Hills (BKH) pays a quarterly dividend to its shareholders. The current dividend yield is 4.34%, which means that for every $100 invested at the current price, investors would receive approximately $4.34 in dividends per year (this can change based on future dividend payments and price movements).
About BKH's Dividend
Black Hills pays a quarterly dividend of $0.66 per share, which totals $2.63 annually. This means that for each share you own, you'll receive $2.63 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was May 16, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Black Hills's payout ratio is 0.67% which means that 0.67% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Black Hills's dividend has decreased by -0.08% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
BKH Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.676 | 4.34% | May 16, 2025 | May 16, 2025 | June 01, 2025 | April 22, 2025 |
| $0.676 | 4.44% | February 18, 2025 | February 18, 2025 | March 01, 2025 | January 24, 2025 |
| $0.65 | 4.13% | November 18, 2024 | November 18, 2024 | December 01, 2024 | October 28, 2024 |
| $0.65 | 4.48% | August 19, 2024 | August 19, 2024 | September 01, 2024 | July 22, 2024 |
| $0.65 | 4.48% | May 16, 2024 | May 17, 2024 | June 01, 2024 | April 22, 2024 |
| $0.65 | 4.82% | February 15, 2024 | February 16, 2024 | March 01, 2024 | January 26, 2024 |
| $0.625 | 4.89% | November 16, 2023 | November 17, 2023 | December 01, 2023 | October 23, 2023 |
| $0.625 | 4.50% | August 17, 2023 | August 18, 2023 | September 01, 2023 | July 24, 2023 |
| $0.625 | 3.90% | May 17, 2023 | May 18, 2023 | June 01, 2023 | April 24, 2023 |
| $0.625 | 3.83% | February 13, 2023 | February 14, 2023 | March 01, 2023 | January 25, 2023 |
| $0.625 | 3.60% | November 16, 2022 | November 17, 2022 | December 01, 2022 | October 25, 2022 |
| $0.595 | 3.02% | August 17, 2022 | August 18, 2022 | September 01, 2022 | July 25, 2022 |
| $0.595 | 3.10% | May 17, 2022 | May 18, 2022 | June 01, 2022 | April 26, 2022 |
| $0.595 | 3.48% | February 11, 2022 | February 14, 2022 | March 01, 2022 | January 26, 2022 |
| $0.595 | 3.55% | November 16, 2021 | November 17, 2021 | December 01, 2021 | October 26, 2021 |
| $0.565 | 3.12% | August 17, 2021 | August 18, 2021 | September 01, 2021 | July 26, 2021 |
| $0.565 | 3.38% | May 17, 2021 | May 18, 2021 | June 01, 2021 | April 26, 2021 |
| $0.565 | 3.56% | February 11, 2021 | February 12, 2021 | March 01, 2021 | January 27, 2021 |
| $0.565 | 3.33% | November 16, 2020 | November 17, 2020 | December 01, 2020 | October 27, 2020 |
| $0.535 | 3.70% | August 17, 2020 | August 18, 2020 | September 01, 2020 | July 27, 2020 |
| $0.535 | 3.77% | May 15, 2020 | May 18, 2020 | June 01, 2020 | April 27, 2020 |
| $0.535 | 2.45% | February 13, 2020 | February 14, 2020 | March 01, 2020 | January 29, 2020 |
| $0.535 | 2.71% | November 15, 2019 | November 18, 2019 | December 01, 2019 | October 29, 2019 |
| $0.505 | 2.62% | August 16, 2019 | August 19, 2019 | September 01, 2019 | July 31, 2019 |
| $0.505 | 2.63% | May 16, 2019 | May 17, 2019 | June 01, 2019 | April 29, 2019 |
| $0.505 | 2.82% | February 14, 2019 | February 15, 2019 | March 01, 2019 | January 30, 2019 |
| $0.505 | 3.05% | November 16, 2018 | November 19, 2018 | December 01, 2018 | October 30, 2018 |
| $0.475 | 3.10% | August 17, 2018 | August 20, 2018 | September 01, 2018 | July 25, 2018 |
| $0.475 | 3.33% | May 17, 2018 | May 18, 2018 | June 01, 2018 | April 23, 2018 |
| $0.475 | 3.55% | February 14, 2018 | February 15, 2018 | March 01, 2018 | January 31, 2018 |
| $0.475 | 3.05% | November 16, 2017 | November 17, 2017 | December 01, 2017 | November 01, 2017 |
| $0.445 | 2.51% | August 16, 2017 | August 18, 2017 | September 01, 2017 | July 27, 2017 |
| $0.445 | 2.53% | May 16, 2017 | May 18, 2017 | June 01, 2017 | May 10, 2017 |
| $0.445 | 2.76% | February 13, 2017 | February 15, 2017 | March 01, 2017 | January 25, 2017 |
| $0.42 | 2.86% | November 15, 2016 | November 17, 2016 | December 01, 2016 | October 25, 2016 |
| $0.42 | 2.87% | August 16, 2016 | August 18, 2016 | September 01, 2016 | August 01, 2016 |
| $0.42 | 2.74% | May 16, 2016 | May 18, 2016 | June 01, 2016 | April 26, 2016 |
| $0.42 | 3.17% | February 11, 2016 | February 16, 2016 | March 01, 2016 | January 29, 2016 |
| $0.405 | 3.68% | November 13, 2015 | November 17, 2015 | December 01, 2015 | October 28, 2015 |
| $0.405 | 3.80% | August 14, 2015 | August 18, 2015 | September 01, 2015 | July 30, 2015 |
| $0.405 | 3.38% | May 14, 2015 | May 18, 2015 | June 01, 2015 | May 05, 2015 |
| $0.405 | 3.19% | February 11, 2015 | February 13, 2015 | March 01, 2015 | January 29, 2015 |
| $0.39 | 2.87% | November 13, 2014 | November 17, 2014 | December 01, 2014 | October 29, 2014 |
| $0.39 | 2.99% | August 13, 2014 | August 15, 2014 | September 01, 2014 | July 31, 2014 |
| $0.39 | 2.75% | May 14, 2014 | May 16, 2014 | June 01, 2014 | April 30, 2014 |
| $0.39 | 2.82% | February 12, 2014 | February 14, 2014 | March 01, 2014 | January 31, 2014 |
| $0.38 | 2.97% | November 13, 2013 | November 15, 2013 | December 01, 2013 | October 30, 2013 |
| $0.38 | 2.93% | August 14, 2013 | August 16, 2013 | September 01, 2013 | July 26, 2013 |
| $0.38 | 3.04% | May 15, 2013 | May 17, 2013 | June 01, 2013 | April 24, 2013 |
| $0.38 | 3.63% | February 13, 2013 | February 15, 2013 | March 01, 2013 | February 01, 2013 |
| $0.37 | 4.37% | November 14, 2012 | November 16, 2012 | December 01, 2012 | November 02, 2012 |
| $0.37 | 4.67% | August 15, 2012 | August 17, 2012 | September 01, 2012 | July 30, 2012 |
| $0.37 | 4.56% | May 16, 2012 | May 18, 2012 | June 01, 2012 | April 30, 2012 |
| $0.37 | 4.28% | February 14, 2012 | February 16, 2012 | March 01, 2012 | January 30, 2012 |
| $0.365 | 4.46% | November 15, 2011 | November 17, 2011 | December 01, 2011 | October 28, 2011 |
| $0.365 | 4.95% | August 16, 2011 | August 18, 2011 | September 01, 2011 | July 29, 2011 |
| $0.365 | 4.70% | May 16, 2011 | May 18, 2011 | June 01, 2011 | April 29, 2011 |
| $0.365 | 4.74% | February 11, 2011 | February 15, 2011 | March 01, 2011 | January 28, 2011 |
| $0.36 | 4.83% | November 15, 2010 | November 17, 2010 | December 01, 2010 | October 29, 2010 |
| $0.36 | 4.66% | August 16, 2010 | August 18, 2010 | September 01, 2010 | July 30, 2010 |
| $0.36 | 4.65% | May 14, 2010 | May 18, 2010 | June 01, 2010 | May 03, 2010 |
| $0.36 | 5.51% | February 10, 2010 | February 12, 2010 | March 01, 2010 | January 29, 2010 |
| $0.355 | 5.94% | November 13, 2009 | November 17, 2009 | December 01, 2009 | October 30, 2009 |
| $0.355 | 5.44% | August 14, 2009 | August 18, 2009 | September 01, 2009 | July 30, 2009 |
| $0.355 | 7.11% | May 14, 2009 | May 18, 2009 | June 01, 2009 | April 28, 2009 |
| $0.355 | 6.28% | February 11, 2009 | February 13, 2009 | March 01, 2009 | January 30, 2009 |
| $0.35 | 5.87% | November 12, 2008 | November 14, 2008 | December 01, 2008 | October 30, 2008 |
| $0.35 | 4.26% | August 13, 2008 | August 15, 2008 | September 01, 2008 | August 04, 2008 |
| $0.35 | 3.88% | May 14, 2008 | May 16, 2008 | June 01, 2008 | May 01, 2008 |
| $0.35 | 3.59% | February 13, 2008 | February 15, 2008 | March 01, 2008 | February 01, 2008 |
| $0.35 | 3.36% | November 14, 2007 | November 16, 2007 | December 01, 2007 | November 01, 2007 |
| $0.34 | 3.35% | August 15, 2007 | August 17, 2007 | September 01, 2007 | July 26, 2007 |
| $0.34 | 3.28% | May 16, 2007 | May 18, 2007 | June 01, 2007 | April 26, 2007 |
| $0.34 | 3.37% | February 13, 2007 | February 15, 2007 | March 01, 2007 | February 05, 2007 |
| $0.33 | 3.73% | November 15, 2006 | November 17, 2006 | December 01, 2006 | November 03, 2006 |
| $0.33 | 3.75% | August 16, 2006 | August 18, 2006 | September 01, 2006 | July 27, 2006 |
| $0.33 | 3.76% | May 16, 2006 | May 18, 2006 | June 01, 2006 | April 27, 2006 |
| $0.33 | 3.75% | February 13, 2006 | February 15, 2006 | March 01, 2006 | February 03, 2006 |
| $0.32 | 3.36% | November 15, 2005 | November 17, 2005 | December 01, 2005 | November 07, 2005 |
| $0.32 | 3.23% | August 16, 2005 | August 18, 2005 | September 01, 2005 | August 01, 2005 |
| $0.32 | 3.68% | May 16, 2005 | May 18, 2005 | June 01, 2005 | April 28, 2005 |
| $0.32 | 4.00% | February 11, 2005 | February 15, 2005 | March 01, 2005 | February 04, 2005 |
| $0.31 | 3.98% | November 15, 2004 | November 17, 2004 | December 01, 2004 | November 05, 2004 |
| $0.31 | 4.57% | August 12, 2004 | August 16, 2004 | September 01, 2004 | July 30, 2004 |
| $0.31 | 4.23% | May 13, 2004 | May 17, 2004 | June 01, 2004 | May 03, 2004 |
| $0.31 | 4.07% | February 12, 2004 | February 17, 2004 | March 01, 2004 | February 05, 2004 |
| $0.3 | 3.75% | November 12, 2003 | November 14, 2003 | December 01, 2003 | October 30, 2003 |
| $0.3 | 3.81% | August 13, 2003 | August 15, 2003 | September 01, 2003 | August 04, 2003 |
| $0.3 | 4.26% | May 16, 2003 | May 20, 2003 | June 01, 2003 | May 06, 2003 |
| $0.3 | 5.26% | February 12, 2003 | February 14, 2003 | March 01, 2003 | February 03, 2003 |
| $0.29 | 4.90% | November 13, 2002 | November 15, 2002 | December 01, 2002 | November 06, 2002 |
| $0.29 | 4.41% | August 14, 2002 | August 16, 2002 | September 01, 2002 | July 29, 2002 |
| $0.29 | 3.25% | May 15, 2002 | May 17, 2002 | June 01, 2002 | April 26, 2002 |
| $0.29 | 3.89% | February 13, 2002 | February 15, 2002 | March 01, 2002 | January 31, 2002 |
| $0.28 | 3.78% | November 15, 2001 | November 19, 2001 | December 01, 2001 | November 06, 2001 |
| $0.28 | 3.09% | August 14, 2001 | August 16, 2001 | September 01, 2001 | July 31, 2001 |
| $0.28 | 2.03% | May 16, 2001 | May 18, 2001 | June 01, 2001 | May 07, 2001 |
| $0.28 | 2.78% | February 14, 2001 | February 16, 2001 | March 01, 2001 | February 01, 2001 |
| $0.27 | 3.72% | November 15, 2000 | November 17, 2000 | December 01, 2000 | November 09, 2000 |
| $0.27 | 4.20% | August 16, 2000 | August 18, 2000 | September 01, 2000 | July 25, 2000 |
| $0.27 | 4.62% | May 10, 2000 | May 12, 2000 | June 01, 2000 | April 28, 2000 |
| $0.27 | 4.19% | February 09, 2000 | February 11, 2000 | March 01, 2000 | January 28, 2000 |
| $0.26 | 4.79% | November 09, 1999 | November 12, 1999 | December 01, 1999 | October 27, 1999 |
| $0.26 | 4.10% | August 11, 1999 | August 13, 1999 | September 01, 1999 | July 20, 1999 |
| $0.26 | 4.45% | May 12, 1999 | May 14, 1999 | June 01, 1999 | April 20, 1999 |
| $0.26 | 4.30% | February 10, 1999 | February 12, 1999 | March 01, 1999 | January 28, 1999 |
| $0.25 | 3.88% | November 10, 1998 | November 13, 1998 | December 01, 1998 | October 27, 1998 |
| $0.25 | 4.20% | August 12, 1998 | August 14, 1998 | September 01, 1998 | July 20, 1998 |
| $0.25 | 4.29% | May 13, 1998 | May 15, 1998 | June 01, 1998 | April 22, 1998 |
| $0.375 | 4.23% | February 11, 1998 | February 13, 1998 | March 01, 1998 | January 29, 1998 |
| $0.355 | 4.74% | November 12, 1997 | November 14, 1997 | December 01, 1997 | October 16, 1997 |
| $0.355 | 5.00% | August 13, 1997 | August 15, 1997 | September 01, 1997 | July 21, 1997 |
| $0.355 | 5.14% | May 14, 1997 | May 16, 1997 | June 01, 1997 | April 22, 1997 |
| $0.355 | 5.03% | February 12, 1997 | February 14, 1997 | March 01, 1997 | January 31, 1997 |
| $0.345 | 5.55% | November 13, 1996 | November 15, 1996 | December 01, 1996 | October 23, 1996 |
| $0.345 | 5.86% | August 14, 1996 | August 16, 1996 | September 01, 1996 | July 24, 1996 |
| $0.345 | 5.58% | May 15, 1996 | May 17, 1996 | June 01, 1996 | April 24, 1996 |
| $0.345 | 5.37% | February 14, 1996 | February 16, 1996 | March 01, 1996 | January 31, 1996 |
| $0.335 | 5.39% | November 08, 1995 | November 10, 1995 | December 01, 1995 | October 25, 1995 |
| $0.335 | 5.75% | August 09, 1995 | August 11, 1995 | September 01, 1995 | July 25, 1995 |
| $0.335 | 6.39% | May 08, 1995 | May 12, 1995 | June 01, 1995 | April 27, 1995 |
| $0.335 | 5.59% | February 06, 1995 | February 10, 1995 | March 01, 1995 | |
| $0.33 | 6.68% | November 04, 1994 | November 10, 1994 | December 01, 1994 | |
| $0.33 | 6.72% | August 08, 1994 | August 12, 1994 | September 01, 1994 | |
| $0.33 | 6.23% | May 09, 1994 | May 13, 1994 | June 01, 1994 | |
| $0.33 | 6.00% | February 07, 1994 | February 11, 1994 | March 01, 1994 | |
| $0.32 | 5.69% | November 05, 1993 | November 12, 1993 | December 01, 1993 | |
| $0.32 | 5.03% | August 09, 1993 | August 13, 1993 | September 01, 1993 | |
| $0.32 | 4.85% | May 10, 1993 | May 14, 1993 | June 01, 1993 | |
| $0.32 | 4.76% | February 08, 1993 | February 12, 1993 | March 01, 1993 | |
| $0.31 | 4.77% | November 06, 1992 | November 13, 1992 | December 01, 1992 | |
| $0.31 | 4.29% | August 10, 1992 | August 14, 1992 | September 01, 1992 | |
| $0.31 | 3.88% | May 11, 1992 | May 15, 1992 | June 01, 1992 | |
| $0.465 | 4.48% | February 04, 1992 | February 10, 1992 | March 01, 1992 | |
| $0.44 | 4.99% | November 04, 1991 | November 08, 1991 | December 01, 1991 | |
| $0.44 | 4.87% | August 12, 1991 | August 16, 1991 | September 01, 1991 | |
| $0.44 | 4.66% | May 06, 1991 | May 10, 1991 | June 01, 1991 | |
| $0.44 | 5.37% | February 04, 1991 | February 08, 1991 | March 01, 1991 | |
| $0.41 | 6.31% | November 05, 1990 | November 09, 1990 | December 01, 1990 | October 26, 1990 |
| $0.41 | 5.86% | August 06, 1990 | August 10, 1990 | September 01, 1990 | July 30, 1990 |
| $0.41 | 5.80% | May 07, 1990 | May 11, 1990 | June 01, 1990 | April 27, 1990 |
| $0.41 | 5.74% | February 05, 1990 | February 09, 1990 | March 01, 1990 | January 26, 1990 |
| $0.38 | 5.50% | November 13, 1989 | November 17, 1989 | December 01, 1989 | October 27, 1989 |
| $0.38 | 5.12% | August 14, 1989 | August 18, 1989 | September 01, 1989 | August 01, 1989 |
| $0.38 | 5.73% | May 08, 1989 | May 12, 1989 | June 01, 1989 | April 21, 1989 |
| $0.38 | 5.61% | February 06, 1989 | February 10, 1989 | March 01, 1989 | January 26, 1989 |
| $0.35 | 5.21% | November 04, 1988 | November 10, 1988 | December 01, 1988 | October 28, 1988 |
| $0.35 | 4.98% | August 08, 1988 | August 12, 1988 | September 01, 1988 | July 28, 1988 |
| $0.35 | 5.31% | May 09, 1988 | May 13, 1988 | June 01, 1988 | April 22, 1988 |
| $0.35 | 5.37% | February 08, 1988 | February 12, 1988 | March 01, 1988 | January 29, 1988 |
| $0.32 | 5.34% | November 06, 1987 | November 13, 1987 | December 01, 1987 | October 30, 1987 |
| $0.32 | 4.97% | August 10, 1987 | August 14, 1987 | September 01, 1987 | July 31, 1987 |
| $0.3002 | 5.44% | May 11, 1987 | May 15, 1987 | June 01, 1987 | April 24, 1987 |
| $0.3002 | 4.97% | February 09, 1987 | February 13, 1987 | March 01, 1987 | February 02, 1987 |
| $0.285 | 4.65% | November 07, 1986 | |||
| $0.285 | 4.25% | August 11, 1986 | |||
| $0.285 | 4.57% | May 12, 1986 | |||
| $0.57 | 4.70% | February 03, 1986 | |||
| $0.4804 | 4.29% | November 08, 1985 | |||
| $0.4804 | 2.96% | August 12, 1985 | |||
| $0.4804 | 1.48% | May 13, 1985 | |||
| $0.4804 | 1.75% | February 08, 1985 |
Dividend Growth
Black Hills (BKH) dividend payments have decreased -8.45% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for BKH
- Dividend Payout Ratio: 0.67% Low risk
- Dividend & Capex Coverage Ratio: 0.78x Weak coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: -0.08% Negative
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Black Hills's payout ratio is 0.67% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 0.78x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This ratio below 1.0x indicates Black Hills may need to use cash reserves or debt to fund dividends and investments, which could be unsustainable long-term.
Black Hills's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
Black Hills's dividend growth rate of -0.08% is negative, which may signal financial challenges or a shift in capital allocation priorities.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.