Black Hills Corp. Announces Increase in Quarterly Dividend

Rhea-AI Summary

Black Hills Corp (NYSE: BKH) announced a quarterly dividend of $0.703 per share, up $0.027 from the prior quarter. Common shareholders of record on Feb. 17, 2026 will receive the dividend payable on March 1, 2026. The company said the raise reflects confidence in its long-term strategy and execution.

The new annualized rate continues 56 consecutive years of annual dividend increases (the second-longest in the electric and natural gas utility industry) and marks 84 consecutive years of paying annual dividends. Black Hills serves 1.35 million gas and electric customers across eight states.

Positive

• Quarterly dividend raised to $0.703 per share
• Record date set for Feb. 17, 2026 with payment on Mar. 1, 2026
• 56 years of consecutive annual dividend increases; 84 years of paying dividends

Negative

• Increase of $0.027 per share is a modest absolute raise for income-focused investors

RAPID CITY, S.D., Jan. 23, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors approved a quarterly dividend of $0.703 per share, an increase of $0.027 per share over last quarter’s dividend. Common shareholders of record at the close of business on Feb. 17, 2026, will receive $0.703 per share, payable March 1, 2026.

“This increase in our dividend reflects our continued confidence in our long-term strategy and growth, and the ability of our team to execute our objectives,” said Linn Evans, president and CEO of Black Hills Corp.

The new annualized rate represents 56 consecutive years of annual dividend increases and is the second-longest track record in the electric and natural gas utility industry.

This dividend announcement marks 84 consecutive years that Black Hills has paid annual dividends, starting in February 1942 when its predecessor company, Black Hills Power & Light Company, was newly incorporated.

Black Hills Corporation
Black Hills Corp. (NYSE: BKH) is a customer-focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves 1.35 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. More information is available at www.blackhillscorp.com.

Investor Relations
Sal Diaz
investorrelations@blackhillscorp.com

24-Hour Media Relations Line
888-242-3969

FAQ

What dividend did Black Hills Corp (BKH) declare on Jan. 23, 2026?

Black Hills declared a quarterly dividend of $0.703 per share, an increase of $0.027 from the prior quarter.

Who is eligible for the Black Hills (BKH) dividend payable March 1, 2026?

Common shareholders of record at the close of business on Feb. 17, 2026 are eligible for the March 1, 2026 payment.

How long has Black Hills (BKH) increased or paid dividends?

The company reported 56 consecutive years of annual dividend increases and 84 consecutive years of paying annual dividends.

How many customers does Black Hills Corp (BKH) serve and in which states?

Black Hills serves 1.35 million natural gas and electric customers across eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

When will Black Hills' (BKH) announced dividend be paid?

The declared dividend of $0.703 per share is payable on March 1, 2026.